Question about student loans....

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I just have a question about taking out student loans. I'll be starting my 3rd semester of the ADN program this fall. I already have a stafford loan and I'm not working so I borrowed a little extra last semester to help pay for my gas and any other unexpected expenses. I'm married and we are living off of my husband's income only so money is a little tight and he can't afford to pay for my gas too, so I need extra loan money to pay for that. Well, my account is beginning to run a little low and I'm taking summer classes right now. I won't get a check from left over loan money until probably october for fall semester. My question is can I take out more loans if I already have one? I hate too, but if I need the money, I need the money. I would work if I could but I'm also a mom and it's just hard to work and go to school and still have family time. Also, which loans are the best and have the lowest interest rates? I would appreciate any replies. Thanks!

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Specializes in Geriatrics, Cardiac, ICU.

Di you get the max in staffords? If not, go to financial aid and ask for more.

Otherwise there are private student loans.

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Yes, last semester I did take out the max amount that I was elgible for which wasn't a whole lot, most of it did go on school only. That's why I didn't have much left. I know my last two semesters i will be elgible for more though because I will be going full-time.

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Specializes in Geriatrics, Cardiac, ICU.

Well, I haven't had a problem with Sallie Mae or Bank of America private loans.

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Thanks for your reply. I'll check those out :)

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