September 3rd 2010 08:34 am
How do you get loans for college?
I’m a sophomore and my parents are not helping me with college. I want to start thinking about how I’m going to pay for it. I don’t exactly know what you have to do to get college loans and all of that stuff. Could someone give me some info on the process please?
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Tags: college loans, parents, sophomore
2 Comments »
C-Los on 03 Sep 2010 at 8:34 am #
Well it’s a pretty easy idea but yet, it’s very hard to do. Your best bet is the government, go to http://www.fafsa.gov and apply there, they will do either two things 1)Give you money for college if you have low income, or 2) give you a loan.
You can try them or private lenders (I don’t recommend that) private lenders charge you high interest (about 6.2%) but you only have to pay 6 months after you leave/complete school.
But FAFSA is your best bet because they charge low interest and you really don’t owe them anything until after 6 months you complete school. Private lenders lie to you and charge you once you are in school
BW on 03 Sep 2010 at 8:34 am #
Go to fafsa.gov I believe that’s the website. Also, talk to your teachers about it, They can give you a list of scholarships you can apply for and even recommend you. My teacher is. There’s tons of ways. I would go for the scholarships before the loans though. you have to pay the loans back.
I know your trouble’s I’ve got to go it on my own as well.