I want to take out Stafford loans for school??
Posted on May 31, 2008 under loan |I'm curious to know if they can cap the amount of money based on my tution, the reason I ask is because I want to make sure I can get enough to pay for tuition (at a junior college) and still pay for books and such. I know of a few friends who manage this well and am curious to hear from others! I'm basically just trying to get out of paying out of pocket and I know I can get a Stafford loan because they basically gives those away like candy!
May 31st, 2008 at 7:23 am
To get Stafford loans you have to first apply for federal aid (PELL Grant) by filling out a FAFSA (not FASFA) form.
There are different types of Stafford loans and you can get both. Subsidised stafford loans are not charged interest untill you finish school. Unsubsidised Stafford loans start charging interest as soon as the school gets the money. To get an unsub loan you have to first be denied for a parent plus loan. Parent plus loans your parent signs and has to start paying on the loan I think 6 months after the school gets the money.
Each stafford loan you get you will have to start paying on six months after you stop atending college. If you go 4 years and get a loan each year you will have to pay on ALL 4 at the same time. There may be ways to combine the loan payments later but I'm not sure about how.
June 6th, 2008 at 11:30 am
Hi
I recently needed a loan as I was in a right mess! And I mean a mess! I thought I was never gonna get out of it until I read some articles on unsecured loans to help pay off my existing debt and relieve my anguish.
I saw a posting at Craigslist that was tagged ‘’do you need my help???’’
I replied to the posting and it turned out that the person had once being in a mess
Just like I was then.
We chatted and became friends after which he told me his experience about the internet and scammers.
He said he has been scammed many times and totally he lost almost twenty thousand dollars {$20,000}.After which he was referred by a friend to this private lender that offered him the loan amount.
He then asked me to go contact them, I was like maybe this is just another kind of scam but I decided to give it a try. It was all just like magic how I got my loan.
I never got scammed, I have never being scammed and I don’t have any experience of it and I never want to.
I just felt that for the fact that a stranger helped me out I should do the same.
If you are in need of a loan and would need their email address, here it is
garryrichwell_loans_agency@yahoo.co.uk
Best of luck
Mrs Jene