September 7th 2010 08:44 am
Where can I go to obtain information about college loans?
I’m a college student looking for a small college loan to help with expenses. What are the websites, places to go, and information on getting the best rate ect…. Can I use the money to pay off a credit card with a high interest rate? Where do you go to get college loans? The bank? Do you have to payments while your in college? What can I spend the money on? I’ve never taken out a loan. Thank you for the help.
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3 Comments »
Its Me on 07 Sep 2010 at 8:45 am #
The best place to go first is your schools financial aid office and FAFSA.com They can direct you to different places that will offer you a loan. Rates are pretty consistant because the goverment helps control them. You can get student loans from just about any bank in addition to organizations that just make student loans, such as Sally Mae.
Your first stop should be your financial aide office though.
Jazrina J on 07 Sep 2010 at 8:45 am #
In Malaysia… most of the students usually apply for the MARA, bank loan and also EPF saving to pay for their education/studies.
skellyatsogang on 07 Sep 2010 at 8:45 am #
Your school’s financial aid office should be able to answer this well. You won’t have payments till 9 months after you graduate or stop school.
The one thing you can’t use the money for is to get a car.