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Discussion

School Loans

I hope everyone is doing Awesome!!

I was wondering if anyone knows if when you are looking at getting loans and financial aid can you get enough to help you live? It takes me sometimes double the effort to have things sink in and I want to be amazing in school! Thanks in advance for your responses.

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    • Experts

    You can, but keep in mind that every penny you borrow is money you're going to be paying back over time with interest. The loans add up v. quickly.

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    There are aggregate limits you can take per year and total. You can live, meagerly.

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    • Author

    Lian should be LOAN

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    Lian should be LOAN

    I was hoping it was "lion". :)

    Be careful about getting in over your head as far as loans. It can be done, but be careful about the rates and the amount borrowed over time. I had to borrow some additional funds while going to school, but you don't want every cent of your paycheck (or the bulk of it) going toward loans. Might be a good idea to speak to the financial aid dept at your school and weigh your options!

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    I wouldn't rely on student loans to survive. They add up real fast and will eat your paycheck alive.

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