Ok, so I have a very big problem, I mean VERY big problem. I am trying to find a student loan. Any ideas whe

Question

re I should turn??? I credit at the moment is sadly pretty low and so is my parents and I don't know what to do exactly. I need, I want to go to school and i don't want to not be able to do this because of financial problems... Please help me someone, please

Answer 1

Every year by the end of July you should fill out a FAFSA. (As long as you are already enrolled in a college and accepted) This is the website: http://www.fafsa.ed.gov/ . Based on you tax information the government will issue loans to students who attend or who are going to attend college in the fall and spring. If you want to go to summer school, you have to apply through your school but it will still be a government loan. The government has two types of loans. A subsidized and and unsubsidized. The unsubsidized you have to pay interest on while you are still on school and it is not a need based, but the subsidized loan is a need based loan and the government will pay the interest that accumulates as long as you are in school and after you graduate you have 6 months before you have to start making payments.

Answer 2

Apply for a SallieMae Student Loan  through your schools finance department, SallieMae Student Loans are goverment backed, that means you get a low interest rate because he US goverment is acting like a co-signer and will pay your loan if you default (your credit would still be trashed)

Answer 3

1) Work and earn money!

2) Consult with official authorities!

3) Consult with charity bodies!