student loans....
#1
student loans....
Well, I am now fully registered with Wyo Tech, and I am suspossed to be begining Oct '05.
I know nothing about this student loan thing, fasfa, how grants work, nothing. I am 100% illeterate when it comes to this. im sure there are a few others in the same boat...
this is what I think I understand: (?) means i am confused
fasfa= free money givin to you by the govt. (?)but you must meet certain criteria in order to recieve any $(?)
grants= free money givin to you by the goverment, not in conjunction with fasfa
federal student loan= (?)i have no idea
student loan= money loaned that you borrowed (?)
now this is my other question. can you take out more money than the cost of the school, meaning my school costs $22,000, can I take out like $30K on a loan for school and living expenses? also, say your in school and you need some more money, can you re-finance your loan, or do something like that to get more. I have heard of people just getting more money like that...im just wondering.
also does your credit really matter when taking out a school loan. i dont have the best of credit, but i NEED a loan. I have heard, that credit doesnt really play a role in school loans because you dont start paying for it until you are out of school.
any help would be great!
I know nothing about this student loan thing, fasfa, how grants work, nothing. I am 100% illeterate when it comes to this. im sure there are a few others in the same boat...
this is what I think I understand: (?) means i am confused
fasfa= free money givin to you by the govt. (?)but you must meet certain criteria in order to recieve any $(?)
grants= free money givin to you by the goverment, not in conjunction with fasfa
federal student loan= (?)i have no idea
student loan= money loaned that you borrowed (?)
now this is my other question. can you take out more money than the cost of the school, meaning my school costs $22,000, can I take out like $30K on a loan for school and living expenses? also, say your in school and you need some more money, can you re-finance your loan, or do something like that to get more. I have heard of people just getting more money like that...im just wondering.
also does your credit really matter when taking out a school loan. i dont have the best of credit, but i NEED a loan. I have heard, that credit doesnt really play a role in school loans because you dont start paying for it until you are out of school.
any help would be great!
#8
Re:student loans....
first i have a fafsa Pell grant.. thats the most common when it come to school! i also have 2 kinds of govt. student loans.. one the gov. pay the intrest on itell im out of school and the outher they dont.. i have ---- credit, and i have student loans, i think youll be ok!
#9
Re:student loans....
bacially, im tryin to get extra money. i know i will be able to get the 22K but im tryin to get a few extra dollars...
im wanting to get this car with the extra dollars...
this its possible?
[img width=600 height=400]http://www.newbieforces.com/files/hatch and CRX (4).jpg [/img]
[img width=600 height=400]http://www.newbieforces.com/files/vtec.jpg [/img]
this or another civic built like this one.
im wanting to get this car with the extra dollars...
this its possible?
[img width=600 height=400]http://www.newbieforces.com/files/hatch and CRX (4).jpg [/img]
[img width=600 height=400]http://www.newbieforces.com/files/vtec.jpg [/img]
this or another civic built like this one.