What is the best place to go to locate student loans?
rick_lay95 asked:
I am attempting to get student loans for college. I am going to talk to finantial aid with my school. But is there a website I could go to that would help me with this too?
I am attempting to get student loans for college. I am going to talk to finantial aid with my school. But is there a website I could go to that would help me with this too?
September 28th, 2009 at 3:21 pm
Your college financial aid office is the best source. Check with Sallie Mae or your state’s department of education website. I would not surf the internet to find loans - there are lots of scams!
September 28th, 2009 at 4:56 pm
Here are the steps you need to take to get financial aid:
1) Fill out the FAFSA. This will determine if you are eligible for financial aid. You can find the FAFSA here:
2) Once you are eligible for aid, choose a government-based student loan. The best government loans to get are Federal Perkins Loans. These have low interest rates and the government will help you pay them back as long as you stay enrolled in school. You also don’t need a cosigner or good credit for them. Read more here:
3) The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Read more here;
4) If you can’t get a Perkins Loan or a Subsidized Stafford Loan, then try for Unsubsidized Stafford Loans. These are given to all students, regardless of financial need, and you will have to pay the interest while in school, but they are still better than private college student loans. Read more here:
You can also try to get a college grant or a college scholarship, which are both free money sources that you can use to pay for school, and you don’t have to pay them back.
You can read about grants here:
Here are sites that offer grants:
Read about scholarships here:
And here are some good sites that offer scholarships:
Good luck!
October 1st, 2009 at 4:22 am
Hello how are you? Well the first thing you should do is apply for scholarships and grants. This is because they are both sources of free college money that does not need to be paid back. Student loans should be last on the list if she can’t get a scholarship or grant. You can refer to my sources for more information about scholarships, grants and student loans. Good Luck.