I know that this topic has been discussed before but I am a little confused.
I have used up all of my federal student loan funds so I need to look into private student loans. My credit is not the greatest so I will get my father to co-sign.
Does anybody have private student loans? If so, who did you use? Do you pay while you are in school?
My plan is to take one lump sum for all 2-3 years left and then I can pay off my credit cards since I will be quitting my job and getting a lower paying one while I am in nursing school.
Huh, that's not what I was told. I didn't need to show proof of how much my schooling would cost, only proof that I was actually enrolled there. They told me I could borrow anywhere from $1000 to $10,000 (or possibly $20,000). As far as why accumulate interest that you're not using - the OP said she wanted to pay off some credit cards so she would not have to work while she's in school.
This must just apply in the state that I live because during my orientation, we were told we could not borrow more than the cost of attendance. I guess you could if you go to a regular bank or something, but as far as traditional student loans we were told we couldn't. My bf was also told the same thing at the university he attends.
Specializes in Geriatrics, Hospice, Disease Management.
try Citibank they have a special for Nursing students: studentloan.com or if you live in Florida try Educaid they have something called the Southeast loan I think email me if you want more info for that one cause I have to look for the pamphlet
I just borrowed 30,000 from bankone. took less than 2 weeks. it is based on credit. they could care less how much school costs or really what you are going to do with the money as long as you show proof of enrollment!! yeah me. no work for a year
This must just apply in the state that I live because during my orientation, we were told we could not borrow more than the cost of attendance. I guess you could if you go to a regular bank or something, but as far as traditional student loans we were told we couldn't. My bf was also told the same thing at the university he attends.
Your schools might have been talking about federal loans whereas we're discussing private loans from banks.
I would try it anyway. I think the "rules" are different for student loans. I don't work - SAHM of 4 - and I didn't even put my husband or his income on my loan app. Just went under my name and SSN, and was approved on that and my school info.
Or talk to the Financial Aid counselors at your school. Truly, they are the experts. Good luck to you! I hope everything works out. It's terrible we need to think about money instead of just getting the education we so desperately want!
Hi, I read a post you wrote about a studen loan (see above). I am also a stay at home mom of 4 lol and was wondering where you got your loan as I desperately need some assistance right now. Please let me know if you can. Thanks!
If anyone has any good ideas I would like to know also. I have always worked and therefore make too much money for state or government assistance. I don't qualify for grants or even work study because I apparently made too much money last year. Well right now I have no job. I just finished a summer externship program and it ended this week so now I'm left without a job or money. I got enough student loans for my tuition but am still facing trying to find money for living expenses. I am single not married and without parental support. It's hard to find a jod at even Mcdonalds because my school schedule is so hectic that no one wants to hire me when I'm available. I have been turned down for even alternative loans because of poor credit and I don't know a credit worthy co-signer. My fin aid office is a joke and told me that my 3.5 GPA is not good enough for scholarships. They basically told me that they could not help me any further. I am at my wits end and I am just praying that I get this $5000 scholarship that I applied for at the hospital where I did my externship. Keep your fingers crossed for me. I have been dealing with this for 3 years now and this is my last year of school and I will find a way somehow, but if any one has any ideas I'd love to hear about it. Thanks
francine79
162 Posts
This must just apply in the state that I live because during my orientation, we were told we could not borrow more than the cost of attendance. I guess you could if you go to a regular bank or something, but as far as traditional student loans we were told we couldn't. My bf was also told the same thing at the university he attends.