Did anyone have issues with finding private loans for LPN programs

i was in the same situation. my mom was going to cosign my loan, but no banks are doing private school loans anymore. so heres my advice, and this is what i did. fill out your fafsa. even if you know you make to much. we made way to much, but still had to fill it out. then go to wachovia.com and apply for a stafford loan. they are income based not credit based. so you should be ok. the best think is that its a really low rate and deferred. whereas salliemae is not.

good luck, i know what a hassle this process can be.

You might try Sallie Mae private loans, wells fargo, and citibank. I believe they all still do private student loans

I currently attend U.T.I and I'm not 100% but i believe they only accept sallie mae...(for private loans) ...they are really nice and will work with you never give up on the sallie mae they are very strict but you have to ask questions I was declined twice ..once with the same cosigner but it was just a mishap on their behalf..wish you luck and hope to see you soon.

Hi

I'm looking in to attending Universal Training Institute in Perth Amboy NJ in Janurary 2009. Can you please give me any information on this school, such how are the teacher, students, passing rate, and e.t.c

THANKS

yea i had problems getting one also, i finally got a contract with a hospital but the other day i got a letter from where i had applied to Chase Bank and it was accepted, so try Chase Bank and see what they say, trust me my credit is HORRIBLE!!!

Due to the slumping US economy and resulting credit crunch, banks have grown increasingly reluctant to lend money out of fear that they might never be repaid.

I agree that this is true, but it makes no sense. You can never get rid of a student loan. Ever. They can't be dismissed in bankruptcy court. Even private loans. They will follow you until you die, then they'll take your estate to pay them off. To me, it seems like lenders shouldn't have a problem giving student loans.

Banks can't issue credit if they have no capital to do so with no matter how secure the loan.

I didn't have a problem sine I paid cash but many of my classmates did applying for sallie mae loans being assured they would go through and now 3-4 months in risk being puled out of class bc they owe $5000 they don't have. One guy signed up for another year of service in the army as that was the only way he could afford to pay for it as that way the army would ( now the army was SUPPOSED to pay anyways but they changed their mind)

An instructor of mine came up with a simple solution to make sure student loans get paid back: have the loan applicant agree to have their wages garnished when they start working.

Thats the way student loans are paid back in NZ once you earn over a certain amount a certain percentage (or more if you choose) is deducted every pay period through the tax system ( the IRD runs the student loan system) so back home nothing is certain expect death taxes and paying your loan back lol

I agree that this is true, but it makes no sense. You can never get rid of a student loan. Ever. They can't be dismissed in bankruptcy court. Even private loans. They will follow you until you die, then they'll take your estate to pay them off. To me, it seems like lenders shouldn't have a problem giving student loans.

I was reading an article today that Washington is asking banks not to hoard capital. Seems like a lot of them are taking money from the Gov and then instead of creating new loans are using the capital to buy other banks out.

I completed my FASFA yesterday and at the end of the whole online process it gave me a number saying 7995. I am married and my husband and I only make about 2/3's more than that combined! This wouldn't be the amount they expect our family to pay for, is it?