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Discussion

Private loans???

Question for everyone, to pay for my school in the fall (becker) I need a private loan as well. I have never had a private loan and was wondering who to go through? Obviously I can see who my schools preferred lenders are, but wanted some personal insight from those who are going through, have gone through the process.

Thanks!

Featured Replies

There are a few options to go with. Of course, fill out a FAFSA so that way you can see if you qualify for a Pell Grant and Federal loans. After that there are a few options. The preferred lenders list is usually a good one to go off of. They have a history with the school often and are used to working with the students of Becker. You can also go for the big banks such as Chase, Wells Fargo, Bank of America, etc. Also there is MEFA (mefa.org) That's through the state of Massachusetts and can provide another option. These loans are through the state, but also based on credit worthiness like a private loan. Sallie Mae is a huge one as well.

  • Experts

Discover (the credit card company) has a convenient private student loan program. People who have obtained these loans say they're easy to work with.

Also look into Citibank and/or your local credit union.

  • Author

Thank for all the information! I had already done my FASFA and received loans through that but it was only for like 10k. I applied through citizens bank for the trufit student loan ( with a co signer) and was declined! I don't know what to do, I don't want to just keep applying everywhere.

I was in the same boat as you. I ended up having to rescind my acceptance and go to community college. Hopefully you will be able to get a loan. good luck!! Try PNC, wells fargo, sallie mae, MEFA, and discover.

  • Author

Thank you!!! Hopefully I get approved through someone else. It will work out, it has too :)

I get private education loans from Freedom Credit- the interest is comparable to my federal loans. I would only recommend private loans if there is NO other way to get funding, but you gotta do what you gotta do.

  • Author

So true.

I actually ended up getting a loan through Wells Fargo. I needed to borrow a bit more than what my school certified cost was and they were very helpful through the whole process

Glad it worked out for you Crisshelle!!

I'm going to becker too! And boy is it pricy even after my scholarship. However I chose becker over holyoke cc due to beckers 100% nclex pass rate among other reasons. Plus I already earned my associates degree at holyoke so I was ready for a change. Congrats! Bsn or adn?

  • Author

It is very pricey, oh my gosh! I was accepted into both bsn and asn. I decided in the asn because I want to finish already and start my new career! I

  • Author

Are you doing asn or bsn ??!

Question for everyone, to pay for my school in the fall (becker) I need a private loan as well. I have never had a private loan and was wondering who to go through? Obviously I can see who my schools preferred lenders are, but wanted some personal insight from those who are going through, have gone through the process.

Thanks!

I'm doing the adn for the same reason ! Looks like we will be in the same class :)

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