Is there any scholarships that I can apply for that can pay for pre-college expenses?

I am a Junior in highschool (it is our summer vacation right now, so this means that next school year I will be a junior). I would like to know if there are any scholarships that I could apply for that would help to pay for pre-college expenses (e.g. travel expenses for college visits, and SAT and ACT costs [especially costs associated with studying for these exams]).

try fastweb.com

Dear please visit the below websites and check your eligible scholarships.

For Scholarships In UK

http://www.educationuk.org/scholarships/

For Scholarships In Canada

http://www.scholarshipscanada.com/

For Scholarships In India

http://www.scholarshipsinindia.com

For Scholarships In Australia

http://studyinaustralia.gov.au/Sia/en/CourseSearch/ScholarshipSearch

http://www.ausaid.gov.au/scholar/

http://www.scholarships.uwa.edu.au/

For Norwegian Government scholarships

http://www.forskningsradet.no/servlet/Satellite?cid=1174430374127&pagename=internasjonale-stipend%2FPage%2FHovedSideEng

For Scholarships In Newzealand

http://www.nzaid.govt.nz/scholarships/index.html

For Scholarships from the French government

http://www.diplomatie.gouv.fr/en/france_159/studying-in-france_2192/how-can-you-receive-scholarship-from-the-french-government_1563.html?var_recherche=scholarship

Other Scholarships Resources Visit :

http://scholarshipsandfellowships.blogspot.com

http://www.studyabroadfunding.org/Italy/

http://www.fastweb.com/

http://italian.about.com/od/scholarships/Scholarships_and_Grants.htm

http://www.britishcouncil.org/italy-education-university-scholarships-istruzione-universitaria-borse-di-studio.htm

http://www.study-in-italy.it/studying/scholarships.html

Dont Forget to Join AGLOCO - Own the internet : http://www.agloco.com/r/BBDC5842

yeah, you could try to request for free information regarding scholarship guides.

http://snipr.com/1nn0e

Hope this can help you

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What is the procedure to use my 401k funds to pay for my college expenses ?

I am planning to work in my current position for two years and then go to school for a full time MBA graduate degree. Can I contribute to my company's 401k plan now and then withdraw the amount after 2 years to fund my college expenses without being subjected to the additional 10% penalty ? For this to happen, do I have to roll over the 401k savings to an IRA first, and then make the withdrawal for college expenses ? Are there any expenses involved in this process ?

The easiest thing to do would be to roll over the 401(k) into an IRA. Not all 401(k)'s offer hardship withdrawals (all IRAs do) and you may still be subject to the 10% penalty under the 401(k) (but not under the IRA).

Also, check your company's vesting schedule. If you are not vested within two years, there is no advantage to contributing to the 401(k) as your withdrawal will be taxed at ordinary income levels (though going full time may lower your tax bracket, saving you a little money) and you will not receive the employer match.

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Are daily travel expenses to get to college tax deductable?

I spend about 300 a month taking Amtrak to get to class. Can I write this off for 2007.

I heard something about if you parents claim you as a dependent and they write off college expenses that I cant...

For 2007, they will be writing off some college expenses, so can I for 2007?

For 2008, they will NOT be writing off college expenses, so can I for 2008?

NOPE> NOPE

ONly if you're working fulltime and then go from work to school. And you itemize.

Commuting is not deductible.

No.

Commuting from home to work, or from home to school, is not deductible.

The tax deduction is designed for someone who drives to the office, then has to drive to a work site, then drive back to the office, then drive home.

The trips from the office to the work site are deductable, because the business is making you drive it, while you can choose to live next to work.

R U THE 1 FILING FOR TAX BREAK...ISYOUR PARENTS FILING FOR U, CAUSE THEY R PAYING FOR YOUR COLLEGE....AS LONG AS U R IN COLLEGE AND YOUR PARENTS ARE PAYING FOR THE EXPENSES..IT WILL BE THEIR TAX DEDUCTIONS AND THEY CAN CLAIM THE AMTRAK EXPENSES.

NOW UNLESS U PAY FOR ALL OF YOUR EXPENSES AT COLLEGE, AND U WORK AND PAY ALL OF YOUR HOUSING AND UTILITIES..U CAN'T CLAIM NOTHING.....I SEE WHAT U WANT, SOME OF THE MONEY BACK FROM AMTRAK.....LET YOUR PARANTS FILE THIS, AND ASK THEM FOR A SMALL CUT BACK...PROBABLY WANT BE MUCH...BUT IF U AIN'T USING YOUR MONEY, Y R U TRYING TO STIFF YOUR PARENTS??

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Is there a way to calculate the approximate amount scholarships will get taxed?

I had a scholarship for $23K, $8K which was used for tuition fees/expenses, leaving me $15K that was mine. I actually used it to pay off college loans. How much taxes do you think I will have to pay?

A scholarship recipient may exclude from gross income the amount used for tuition and related expenses (fees, books, supplies, and equipment required for courses), provided the conditions of the grant do not require that the funds be used for other purposes. Amounts received for room and board are not excludible and are treated as earned income for purposes of calculating the standard deduction for a taxpayer who is another taxpayer's dependent.

Call the Internal Revenue Service at 1-800-829-1040

If i have bad credit can i apply for a student loan and get approved?

my debt is around 6000$ because of college books and other college expenses, so somebody advised me to take out a student loan and pay off my credit cards with it along with school tuition of course, but is this possible?? thanks

nope

I'm sure some financial company might finance you.

Try Sallie Mae and/or ACS

This question goes to anyone with a MyRichUncle Loan.....?

I'm thinking about getting a $1500 private student loan to cover extra college expenses. I was wondering, even if a defer my payments until I graduate, could I start paying before that, meaning while I'm in school?

The answer is of course yes... Most people do that because they dont want to end up paying alot when they graduate.. Its better to pay some amount then none because when you graduate the debt has been reduced.. Another thing to keep in mind, is that the loan is contingent meaning they base what you can afford to pay on how much you make monthly. Therefore if you aint making much they will not ask for a big monthly payment.. These types of loans are the safest.. Student loans are not dischargeable in a banruptcy.

Is it typical to "student-loan-it" through the entirety of college and med school?

I am considering starting school soon and am worried about how much money I will be able to borrow. It would be nice not to have a job all through my first four years of college, and I know for a fact that I wont be able to hold a job and go to med school at the same time. Can I get away with borrowing the money for school and living expenses for the entire eight years? Med school alone is going to cost me $140k (including living expenses.)

Well the short answer is yes. You can "student-loan-it" the entire time, but it's not 100% advisable.

I reccomend applying for scholarships as much as you can, financial aid (FAFSA) and then if you need it student loans.

You must must MUST fill out a FAFSA! That will tell you what kind of good deals you can get for free government assistance.

Secondly, apply for as many scholarships as possibly. There are THOUSANDS that go unclaimed every single year. I reccomend googling "scholarships" and trying all the search engines that pop up. Then, google your hobbies/characterists and the work scholarship. There are hundreds of things that will pop up that you never would have though exist.

Lastly, yes, student loans work. However, speak to your loans advisor thoroughly so you know what you're getting yourself in to.

Also, don't just automatically take loans from the school. Shop around for lenders, don't just be assigned one. Some lenders may be able to offer you better deals that you school can.

8 Years is a lot of debt.

I recommend speaking to Crystal at http://www.studentaidlending.com . Tell her Tory Davidson referred you. She's helped me out a LOT in the past and is really good at patiently answering questions.

It does not hurt to get a small part time job while doing your undergrad.

I'm in my undergrad right now and what I do is apply for jobs through the school. Usually UIC offers tons of jobs and every single one I've accepted has been ridiculously flexible because they understand that I'm a student and education is first.

Use that to pay for as much as you can and then use your loan money second if nessesary. Any access save off to start paying back those bills! They add up and 8 years is a lot of pay back.

Yes

I would strongly suggest not doing that. Not only will you be in incredible debt, it's not advisable to go 8+ years without employment. Universities, as part of their acceptance criteria, look at your employment history. I know this, because I was looking at veterinary schools. Having a job looks like you are an energetic, ambitious person. Future employers, as well as graduate school administrators are going to look highly upon you if you have had some type of employment while completing your undergraduate work. Find a job where there's some down-time so you can study. I worked at a telephone company at night, and got a lot of homework done between phone calls. I didn't make a lot of money, but the study time was needed more than a big wage. Find something like that, stay there (if you can stand it) for 4 years, study hard, and in the end you will be thankful you did. Good Luck!

Hi,

Your predicament is normal among us college students trying to earn a meagre living . . . in this crazy little world . .

Nonetheless . .go ahead and plan your future . .

People do borrow for the entire time. I managed a doctors office for several years. The surgeon told me that he was working his way through his first four years and tried it in med school and had to give up working and borrow. Med school was too tough to work also.

He was able to pay it back within five years after starting his practice. And the money he was making while I was working there was fantastic. It will be worth it to borrow.

Good luck to you.

Should I still keep going to college?

I am a freshman finishing up my first year of college right now. I currently have a 3.5 gpa. My family and I don't have very much money at all. College expenses really add up. I don't have the money to pay for it. I am already in debt from two loans. I am sick of always worrying about finances and my family. I have a single, irresponsible mother who doesn't really care about anything besides men. Our house is being taken by the bank. I don't even know where we are going to live. Should I continue to go to college under these circumstances? I really love school, but the cost is just so overwhelming. Is it worth it to take out more money in loans? How can I stop worrying so much?

You could drop out of school but that won't make your debt go away because then you don't have a degree, unless you have a job lined up already.

Im so sorry. I bet you are a good student. Is there any way you can talk with the financial aid dept of your college? Or that you can work on campus in exchange for tuition. Id say yes its worth anything you can do to stay in college now. But if you are stressing that isnt healthy. Do you have a father? Im sure he must be more responsible than your mother. Some people shouldnt be parents. But if you can just get through college somehow, youll see how it is your ticket to success.

The first thing you need is to speak with your academic ad visor. Don't give up on your dream of obtaining your degree. Having a 3.5 GPA is truly a blessing. Call some relatives and see if you can stay with them temporary. I will be praying for you to have a bless outcome.

Have you tried applying for scholarships? With your GPA, you should qualify for quite a few. Read up on the sites below, join, and start applying. You also need to see your school's financial aid counselor. Every college has a scholarship program. Whatever you do, don't drop out. You may never go back.

When do you start paying for college?

i'm stressing about paying for college. this year my mom took out $10,000 from her ira to buy a house but the people we were going to buy from decided afterwards that they didn't want to sell to us.

so, i'm ineligible for a number of grants, due to the 'extra income.' SO. i'm considering maybe taking out a loan or two for my first year. first off, does anybody know approximately how much you'd have to pay back for your first year?

and then, when do you pay for college expenses? are they going to give me the bill after i graduate? or do i pay per year? i'll be the first in my family to go, so i have no idea what to do, or how to do it... :S

i get that you pay for LOANS after you graduate, but what about tuition and stuff? when do you pay for THAT?

You have to pay before you start classes at most schools, or you can set up a payment plan. Loans are to cover tuition... or you pay tuition before you start, either way. You have to pay all of it back, with interest, after you graduate, some loans have it set up that you don't have to pay until 6 months after graduation, some don't Go to the financial aid office or call and talk to them, they will help you get set up.

Who gives bad credit educational loans?

I have a situation with my federal loans. I applied for the FAFSA for the 2007-2008 school year, for an online school. I decided to pursue nursing which required me to attend a school locally, I never filled out the FAFSA for the 2008-2009 school year until I was accepted to the new school. The old school obtained funding for me for the 2008-2009 school year even without me fillilng out the FAFSA. I now have no funds availabe and I am in middle of the semester and I need to find a way to cover my college expenses. The Department of Ed. is investigating the situation, but that does not help me now. My current school has given me till March 7, 2009 to correct the situation. My biggest problem is; I have very poor credit due to life circumstances. I do not have a credit worthy co-signer, my parents are deceased and I have no other family. This is the proverbial rock and hard place. I am definitely not opposed to getting a private loan, but with my credit being bad I need help finding someplace that will loan to me.

creditreport.imess.net - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

How can i get scholarships for college?

i'm a pretty good student ...97 average....2020 SAT

it seems like for every scholarship you have to write an essay and i simply don't have time to write twenty essays.

i've checked out fastweb and applyed for the two or three that don't require essays but i doubt i will hear anything about them.

the college i wish to go to is very competitive and they dont give out any money expect to those who are in serious financial need (i dont think i'll get anything out of them)

i've checked out local scholarships at the local bank and at the hospital but those are only 500 dollars each which would cover about 1/40th of my college expenses for one year.

where can i get this money without taking out loans?

any advice would be appreciated...thanks!

oh and i'm not a minority :/ wish i was

Unfortunately, most scholarships are either a need based scholarship or requires an essay. There are a limited number of scholarships that would require a picture (wearing duct tape to the prom), a portfolio, or interview. You could write a single essay and just modify it for the particular scholarship application on what they ask for in the question. Unfortunately, these days scholarships are pretty competitive to get and thousands of students apply for some of them. I will include some other free sources to locate a scholarship.

First, complete the FAFSA form after January 1 and before your earliest school's financial aid deadline. This will qualify you for need based scholarships from the school. It needs to be completed every year until you graduate from college with your degree. For a little extra money, you can fill out the CSS report which can bring in more specific help from the college itself. Apply for this even if you think your parents make too much money.

Second, the public library has a book listing scholarships with some not even listed on the web.

Finally, I recommend going to your high school guidance office. They have a list of local scholarships and grant programs from the state. Some states do reward students with certain GPAs.

Good luck!

P.S. Some of the more competitive colleges or universities do not offer merrit scholarships based on grades.

Your guidance counselor will have a ton of information about scholarships. Many you will need to write essays for, that's just how the majority of scholarships work...but you might find some that make their determination other ways. If you participate in afterschool activities...there might be something there that you can look into.

You might also want to look into a more affordable school, one that does have more financial assistance other than loans for the students. Sure, it might not be your first choice but chances are you'll have the same opportunities and won't have to depend so much on loans that you'll have to pay back later on. Most schools offer scholarships right through their school, have work studies, etc.

First, find scholarships through books at your library, your guidance counselor, online sources such as www.fastweb.com and others. Think about scholarships as a numbers game. The more you apply for, the more you will get. Even if you don't get 4 scholarships out of five you apply for and the only one you get is for some smaller amount like 500$, that is still more money per hour of your time than almost any job possible. Take your time and complete as many as possible. Check your grammar, and apply for scholarships that you think might not have any chance getting. Proofread them very carefully, and try to take interesting angles in your essays rather than the same boring approach everyone else does. Take a chance to be creative sometimes and see what happens.

If you get that 500 dollar scholarship and it took 5 hours, that's 100$/ hour. Suddenly an essay doesn't seem like that much work for the money when compared to working half a month at McDonalds to make the same money. Getting school paid for should be a main focus right now. If you can't afford more than half of it before taking out loans, I would seriously reconsider your choice of schools.

Your SAT is a bit low, so I would suggest getting a book by Kaplan, studying for it for a few months, then re-taking the SAT. Your score will probably go up by hundreds of points and you will be more competitive for many scholarships.

Scholarships have a snowball effect. If you win one, you start to get confidence and win more and more.

Also check out the community foundations in your area. There are often very good scholarships through them.

Another source is to go to the school to which you're applying and ask for a copy of all their scholarships, then apply for any you think fit you even remotely. Sometimes no one applies for those scholarships because they don't know about them, so it's less competitive.

My final advice would be to think seriously about going into debt for school.

For 20,000/ year, you are probably going to a private school without a nationally known name. Is it really worth it? If you're going to a state school and paying that much just because you're an out of state student, seriously reconsider. Also, from my own life and those around me, don't take out 100,000$ in loans to get a degree in the humanities or something where you have to go on to graduate school to get any real job(history/English/psychology/political science, pre-law...) because you will give away the next 30 years of your life paying that off. It's much better to get your education paid for on this side rather than giving away your life for it. It just gives you more possibilities and choices.

Best of luck. Make a plan and attack it with gusto. Believe you can do it!

Generally, to get the larger scholarships you will have to write an essay. The reason for the essays is that the organization giving out the money does not want it to be wasted, and if you can't put in the time and effort to write a quick essay they have no guarantee you will put the time and effort into your education. You have to look at it from the investor's view point, if student "A" writes a long, eloquent, and aticulate essay while student "B" just scribbles a few sentences on the topic, is it better to fund student "A" or student "B?"

Why do people save for their kids college education fund?

I am a single mom and I currently taking university and my loans are ALOT as I need over $2 000 a month for living expenses for my kids on top of tution. WHen I am done university and working, I will have 4-6 years of loans to pay back and I will still be taking in more money after paying loans than I am used too. So if people can still live comfortabely and pay off loans, why the pressure to save for the kids college fund?

Why the pressure? Probably because by the time your new baby gets to college age, the annual tuition bill will be 10 times what it is today. Take that times 4 years... and it is more than what I paid for my first house.

The only way most families will be able to deal with that big of an expense is to plan..... VERY far in advance. When baby is born. Plus, I don't want my child to have the loans we had to take, just because my parents didn't plan ahead doesn't mean I have to.

I am lucky, I have a 529 for my young child AND the local college just started a free tuition and books program for all residents of my county. Good for us and him.

Because some people cannot get finicial aid and have bigger families. Also, think of all the money you would be bringing in if you did not have those loans to pay off. I am sure you are also getting help from someone else, whether it is child support, family, or something else. Even if someone is watching your kids for free, that is something that not everyone gets. If something (God forbid) happens to you or one of your kids (or your car), life will not be that comfortable anymore. Hopefully this gives you some insight into why we save.

No pressure, unless you don't want your children to go through college. I don't think my parents saved for my college fund, it wasn't necessary but that if I wanted to go to college I'd have to work for it.

I'm 26 now and I'm glad I finished all 4 years of college, I still owe probably about $12,000 in school loans still. But that's expected. I don't even consider it debt, now that I'm paying a pretty reasonable amount a month.

I did get help for college, military grants from when my father was serving in the air force. I received other grants as well, that's the money you don't have to pay back. I did take out one loan and I got a little help from the school and some scholarship money to help with books.

I do however, plan to save a little on the side to put towards my children's college fund, when that time comes. I don't have children right now.

Depending upon the generation in which you were reared, education was and is an important if not vital necessity to succeed in life. The university experience can prepare one for a career,teach one to be self sufficient,, create the ability to analyze problems and findsolutions. The primary learning is the ability to think..For that reason student loans are needed to further one's education. Many parents saved to give their children that opportunity which many did not have,

Why pay ridiculous interest on a loan of $50,000 if you can pay half that much, or not at all? Do the interest and see what the cost difference is. I have three kids. When you are done you will still have kids and life and credit cards to pay off as well as the money-sucking loans.

Suppose you get hurt, sick, or get into a bad work situation and get fired or laid off? I have been laid off three times this year not because of my work habits, and I can't even afford to start working on my Bachelor's (got the AA in 2005) yet. Believe me, the more you can pay off now the better. Better to not crave expensive cr@p than put yourself deeper in the hole until the degree starts to pay off.

Parents save for their childrens college education fund because they want them to have a better life with a good job.

It can be hard to get financial aid - and you want to give your child as many opportunities as you can. People save so that their children will have the option to go to more expensive schools if they want to. Education is really important; you don't have to save for your children's college tuition, but you may want to - you don't have to start now anyway.

College student caught up in Financial Crisis nightmare.! What to do?

I'm a college student In my junior year working on my undergraduates degree; however I'm currently caught up in a terrible situation. Despite loans, state grants, and private scholarships, I'm currently having great difficulties satisfying college expenses. I'm a dependent, so much of the burden is also being carried by my parents. They were struck hard with the financial crisis and are now at risk of foreclosing on their house. I'm left to find the money on my own, but as a full-time student, my job is simply not going to cut the bill. I'm seriously considering dropping out but wanted to get some opinions first.

What would you do?

I think you should find a cheaper school, now - before it's too late for you transfer later when you are forced out for non payment and most of what you have taken doesn't count or the new school will require you to take classes just so you have the min hours from that college so you can graduate.

Most state schools are less than what you can borrow from the federal goverment in Stafford loans in your name only without the parents help. Stop thinking of them as a resource and go at it on your own, 21 is a good time to cut the purse strings.

Get a job or two... working around 30 hours a week to cover your living expenses and keep attending school full time.

If it were easy, everyone would do it and no one would need it. How you react to THESE situations is what seperates the college graduates from the dropouts the managers from the workers the big earners from the minimum wagers.

This is your test and how you react will effect the rest of your life. "Choose wisely"

I think you should contact the financial aid office at your school. If you or your family's financial status has changed in the last year, sometimes they can recalculate your aid package and get more money. I'm sure if you explain your difficulties they can find some way to help you. Don't give up!

Wow this is tough and we are facing the same situation with our daughter who is a soph. this year. If she will transfer to an instate school (which offers the same program) she would be able to continue her education. Could you find a less expensive school with the same program? Maybe live off campus? good luck.

Is it possible you can transfer to a less expensive institution?

If not...I remember hearing about a program that gives college students in certain majors loan forgiveness in exchange for agreeing to work in depressed areas...i.e. teachers.

Aside from that...good luck...

Cut to part time and keep plugging-your almost done and that education is whats going to help your future-

How Essential is a Credit Card, Really?

I don't know if sometime in my future whether I will need to take out major loans (etc). But I refuse to live on borrowed money.

I've worked and saved, and am still working and saving, for my current and future college expenses. All my peers keep telling me how convenient and great having a credit card is.

But I need some objective advice outside of the credit splurge, how essential are they?

They are a great for the person that cannot delay gratification. Buy the car or holiday now and pay later. Which is fine except that you end up paying sometimes nearly twice as much back. Does that sound like such a great idea to you? It all depends on if you like being robbed or not. I don't. But I still keep on using them. I have shredded them up though recently and swear 'never again'.

Credit cards are great for building credit which you'll need unless you hit the power ball or become extremely wealthy out of the blue.

If you use them correctly, they can be a great financial tool. The problem is people buy things on credit cards and act like they don't have to pay it back and end up living way outside of their means.

American Express is a great credit because you get a large credit limit but your expected to pay it back monthly, if not you get hit with huge interest charges. What if your car breaks down and you need $1500 dollars to fix it? What if what heater goes and you need $800 to fix? I think credit cards are essential (unless your very wealthy)!!!

very essential as the economy is kept going by the government thru credit. Budgeting is also essential. If you are unhappy with just working and saving for future college and living on burrowed money will help you getting what you want, so be it. It is a very good investment .

Sure they are convenient but stay away from them. You don't need any unnecessary debt.

Have fun buying a house, car, cellphone, or anything for that matter.

Credit cards are used to build credit. Without it, you will be living in apartments for the rest of your life, because you're all alone and nobody will accept you for your credit score of 200.

Using a credit card definitely helps to build credit. And just because you have one, that doesn't mean you need to have a balance on it. My technique is to pay for everything with everything with my credit card, but never to build up debt. Since my credit card and my checking are through the same bank, I just transfer money from checking every month to pay off the balance. Meanwhile, I'm building credit and rewards points. And I don't have to carry any cash or checks around.

Extremely essential from a credit score basis. You want to get a car, house, or insurance that is not going to cost you an arm and leg then you need credit cards to build up your credit score. I never knew how important credit was until I ruined mine. One positive thing about credit cards is they can be a plus if you are responsible. If you are paying your balance off in full each month and you have a rewards card it can having many perks besides just giving you a good credit score. They have gas rebate cards where you can save 5%/gallon of gas, cash back cards, or airline miles. Use these cards instead of cash and then pay them off at the end of the month and you can reap some huge benefits.

http://creditcardwarehouseonline.com

Credit cards have become a necessity in society nowadays, you can't go anywhere without having to use one. That's why it's imperative to maintain a good

What student loan should i use?

I have looked at many college loans in my past but i have been putting eveything on credit, cost of tution, books, gas, food, school equipment, all my expenses dealing with college its been a yr now and im maxed out..... Is there a loan i can get that will pay for my college but give me some extra money to pay off my credit card so i dont have towork full time plus more just to pay this off...cause my studying is starting to suffer...im just trying to get myself thru school...anyhelp? thxs

Have you ever heard of FASFA? You can choose to receive Unsubsidized (government pays interest while you are in school) or Subsidized (you can get deferred until 6 months after you graduate). All student qualify for Unsubsidized loans because they are not based on financial need. The amount you receive depends on your grade level in college. For example, I am a Junior and I received 10, 500 for the 07/08 academic year. I will only need 6,000 for next school year so I will have a difference check of 4,500. Students can op to keep the money or give it back. I use my difference check for other expenses like books. You can do whatever you want with you extra funds. Most students are scared to get student loans because they do not want to graduate with a lot of debt, but credit card debt is worse. You can pay your student loans off while you are in school and if you can't make a payment one month you can always defer your payment until you graduate. Take the time out to fill out you FASFA, you never know how much you will get, even grants. Hope this helps.

FAFSA

Naturally, each country is equipped with their own practice and generally have several varying opportunities of financial assistance for students taking higher education. These can be in the form of grants or subsidies, as well as governmental student loans and loans granted by private entities - all subject to varying circumstances and underlying variables that need to be taken into consideration.

In Scandinavia for example - i.e. Denmark, Sweden and Norway, their educational loan practices, while not totally the same are similar to one another; Student grants and loans are generally administered by the individual national educational ministry for grants and loans. Students of eighteen years of age and above are entitled to a free grant which is then regulated in part in accordance with their parents income if they are under the age of twenty. This means that a student of between eighteen and twenty years of age would receive a grant of a certain amount. However, if the parents have an income bracket that is on a higher level, the amount of the grant given by the educational ministry would be regulated down to where it would then be the parents of the student that would subsidise the rest. Read more about it at: http://www.credit-card-gallery.com/article/83,Student_Loans_A_Help_To_Get_The_Education_Necessary_In_The_Demanding_World_Of_Today

Don't know any other way, you are kind of screwed.

Will I have a problem getting student loans?

My total expenses for my first semester at a 4 year college are totaling up too 10K a semester. I just found out that my EFC is $0. How much aid can I expect and will I have a problem getting loans for the rest? I am 24 and declared independent and will be going to NC State. Thanks

It's very good its a 0. Congrats!!

No one on here can tell you how much aid you will get. It's all up to your school.

FAFSA works like this:

Your EFC (Expected Family Contribution) is a number that FAFSA, when they process your application, they give to your school. That's all they handle is processing your application.

Now, its all up to your school.

After they process your FAFSA, they send your school of choice a Student Aid Report (SAR). On the student aid report will have all the aid that you qualify for as well as all your information. Your school will tell you if you qualify for the Pell Grant along and Stafford Loans (which you will).

Your school will have a set amount that they give each student with whatever their SAR says. Since you got 0's for your EFC will recieve the maximum amount of financial aid the school will give out.

The lower the EFC, the more Aid you get.

Your school should send you an Award Letter stating how much you will recieve on your Financial aid, Pell grant, anyother grant that you qualify for, and how much you are aloud to borrow in federal loans that they can give you.

With an EFC of 0's.. you also qualify for a Pell Grant that is in the amount of $4,731 on top of your financial aid you recieve from the school...

Contact your school financial aid and make sure they recieved your SAR (mine didn't and I'm very lucky I called). Also talk to them about any other outstanding questions you might have, along with when you may recieve your Award Letter from them with all that information. You may also ask them how much you will recieve from financial aid if you get the full amount to maybe give you an idea on how much you'll recieve.

As a part time student, you will not recieve as much as a fulltime. Your school has a set tuition, and it kind of goes off of that.

Next, ask your financial aid office what kind of scholarships they offer to you. You can usually apply for them at the office, or they may have applications you can print off of the internet and send in to them. I would do this quite quickly as well, because deadlines are comming up.

Contact local clubs, businesses, and even your boss (if you work) to ask if they have any avaliable scholarships you may qualify for. Places like these like to give scholarships because they can use it as a tax write-off on the following year taxes.

Also, your local library should have all the information you need on whats avaliable as well.

Lastly, when you have your award letter and know how much you will be recieving for aid, you can talk to your financial aid adviser about student loans. There are federal student loans out there that are very helpful and low in interest to no interest at all.

http://www.salliemae.com/get_student_loa...

that's the most informational website about federal student loans. I would start there, and if you need more, you could go to a private student loan provider. but first, they have wayyy better interest rates and everything else.

check with your financial aid office, they'll have very good references on student loans as well. They actually can probably provide you with a loan through them.

Hope this helps!

probably not, but paying them off is always a burden

My federal loans, pell grant, and private loans don't cover my educational expenses. What can I do?

This is my fifth year which is why i'm having trouble....i'm working and that covers rent and food and stuffed and i tapped into my credit cards to fix my car and computer and pay for car insurance..... i get kicked of my parents health insurance next month and i need to get that as well because i do see a doctor regullary for somethings..... i also need to get some money to fix a car i hit..... are there any educational loans out there that dont check with the school... i also need to buy books here again pretty soon. Mom can't help me...... dad is to stubborn to help me and thinks a college student could work well over 40 hours a week which is unrealistic and he is also to into his 7 day a week happy hours..... i'm kinda panicing cause i cant register for next semester cause fin aid sent 2000 in loans back unexpectedly and now i owe the school 2000 before i can....

I agree taking off will help you get back on your feet!then you can take more hours at work!I dont think taking out more loans would be a good ideal!

You may need to take a semester off and just work to save up money. Can you sell anything of value? Your car maybe? Not to get rid of it, but move to something less expensive. You should have a health insurance plan available through the school which is usually pretty reasonable. If not, there might be something available through your job. But your best bet is to not go into more debt, cut your spending and stop getting loans. Start putting some of the knowledge you paid so much money for to good use.

Don't rule out a work study program either. If you're in your 5th year, you're almost done. So you should be able to make decent money somewhere.

But don't overlook extra ways to make money. Babysitting, lawn mowing, and the like. They may not be fun jobs, but if you are that desperate for money, suck up your pride and get to work.

Saving for college?

my parents arent saving for my college, and they KNOW for a fact i want to go. i asked them how they were paying for my college expenses, and they said they didnt know. my family makes about $65,000 a year, and they aren't saving ANY for my college. do you think thats enough to just pay as i go?

and what about scholarships, loans, grants, etc.?

my parents did not save any money for college. so what im doing is paying as i go..

it can get very expensive so apply for financial aid and scholarship money.

save up as much money on your own as possible

every little bit counts and education is a very important part of your life

when it gets tough keep going YOULL APPRECIATE THE REWARDS OF GRADUATING COLLEGE!

good luck!

same same richy rich lil miss rich

I am 35 yr old working mom here in louisiana. I really want to go to college to become a teacher?

I can't afford to lose any income. Can a person get enough in school loans to cover tuition and living expenses? I already have some college, so it would probably only take 2-3 yrs. I could prob. make on about $20,000. per year. Is this possible at all??

There are some good thoughts here...don't let the many options confuseyou. Take what seems best for you & leave the rest. As for me I like to keep it simple. Go to the community college or a university near you & ask them about financial aid & scholarships...they will lead you & guide you to the resources right for you. (I find that talking in person to someone produces better results.)

I did that...got federal aid for everything...the whole 'kit & kaboodle'...I paid back over a 10 year period of time only a fraction of the cost.

You CAN do this...take fewer classes or a lighter load if necessary...you WILL get to your goal. No matter how quickly or how long it may take you...Do It. It is more than worth it.

Well I found a program that you might be interested in, it does however require a BA.

Most states have some program for working adults to enter the teaching profession. In this case, you would have your own classroom, but instead of going to the university on your own dime, they hold classes for you after work. There is usually no cost associated with it, just time.. and you will be on the salary schedule for your classroom work.

I can't give you specifics because I'm a california teacher and just went to the Louisiana web site to see if they have something similar to what we have here..So see the link and look at the "practitioner teacher program"

So you might have to do some creative juggling to get your BA done, but you CAN do this!

good luck!

Go to the search bar on your computer and type in a question about financial aid. I don't know if it is possible to get that much financial aide. But, you can continue to work and go to school. I began school at 32 years old and worked full time as a paraprofessional at the same time. I worked during the day while my kids were in school and went to college at night. It wasn't easy, but I did it and I have been teaching 10 years now. I now also have a Masters and Educational Specialist degree. Go for it! You can do it.

anything is possible if you put your mind to it.

go to the college and talk to an advisor in the education dept.

also there are financial resources available at some universities for "nontraditional students"...those who have been out in the working world and may have children and be older than the traditional college student

good luck

Go for it!!!

What you need to do is file a FAFSA (financial aid form). You can even do this online. Just type in FAFSA and search and it should get you to the right place. Don't know if you'll be able to get aid for the fall (much less get all your stuff - application, test scores, transcripts - to a college), but definitely by the spring. It could be that you could get enough aid to cover tuition and living. You'll need last year's tax info to complete it.

You could also find a part-time job or reduce your hours at current job to balance out. Could also check into online courses that you could do on your own time and still be able to keep your job. You might also be able to get grants and scholarships. Look into (through the web and through colleges that you are considering) what's called a teacher grant/loan program. I spent some time in school in Mississippi and we had what was called the William Winter program. Basically, they gave me money to go to school, and if I taught for so many years after receiving my degree, the money I received would be considered a grant and I did not have to pay it back. But if I did not teach or did not finish the degree, I had to pay it back like a loan. Louisiana may have something similar or there may be a federal program. There are also all kinds of programs that help teachers pay back loans after graduating and getting a job. Be sure to look into the programs that help pay off student loans on teachers before you consolidate any loans (we made that mistake!!!).

One last thing, you may even want to look into getting a job at a school as a teaching assistant. They may not pay a lot, but you can get good benefits, you will get lots of experience with kids, the district may contribute to the cost of you getting your degree (my district contributes $1000 a year), and some colleges may count your school experience as credit hours (like your job experience being considered your student teaching intership, just a couple of extra assignments), which may cut your college down to even less time, plus you have a job, plus you're getting exposure to the job.

Seriously, go for it. You can do anything you want to if you just "do your homework."

Yes. I know the answer seems relieving, but the truth is as possible as it would be- it will also be alot of work. Your best bet would be to go online and look for scholarships and programs that would help you. Also look for any loan repayment plans the state might offer for teachers. Texas for example has a loan repayment plan. You will have to work, which would definitely cut into MOM time and you would have to be willing to commit to that. The biggest problem you'll face is child care. Some universities offer online courses, but usually the classes are limited. You could take it on full time and rough out the 2 or 3 years, but it may be easier to tackle your education part time and take 4 or 5 years. Like I said, it is possible, but very hard.

I was looking at a program called Teach for America. I think you have to have a bachelor's degree already, but they let you teach while you are earning your teaching license. Also, check out www.fastweb.com for scholarships you can apply for. You fill out the information and they find scholarships for you. Some have nothing to do with your field of intrest. You need to plan ahead for student teaching because you won't get paid for it. Another program to check out is Americorps i have some friends who did internships while they were going to college and it paid for their tuition. Good luck and take care.

I'm transfeering to another college and....?

I want to take out a student loan.....BEFORE I GO. There is a lot of stuff I need to buy. I am getting enough financial aid for my parents to pay the difference, but I(we) will not have enough money for college expenses, prior and during.

I am in desperate need of a private loan, one that I dont have to wait until i go to college to get. please help

Thankyou

If you want a private loan, you should contact your bank or your parents' bank. You can also try Citibank, Wachovia, Bank of America, or Sallie Mae. Go to their websites and search for student loans.

Note:

All private loans are based on your credit (or your parents').

Rates, charges, interest, and repayment schedules will most likely be not the same and nowhere near as good as federal loans.

Good luck!

I need a loan for an apartment and college....?

Does anyone know any good loans that i can take out for living expenses while i am at college. i have loans already for school, but i am living off campus and need money to pay for an apartment as well as a few thousand for tuition. Can anyone recommend a loan that has a low interest rate and will let me deffer payments until i am out of college. the only place that i know of is wachovia and astrive, but i can't get the astrive loan. if anyone knows any others please let me know.

See your financial aid counselor. They tend to be pretty friendly and they can advise you on nationally-available loans as well as special loans that only people attending your university can qualify.

Also, ask about special loans that are centered around your degree, gender, family situation, etc. For example, if you're a disabled woman studying engineering, see if there are special loans, grants, or scholarships targetted towards your specific situation.

The best loans to get in this order (according to good interest rates and low destination fees are)

Perkins loans

Subsidized Stafford loans

Unsubsidized Stafford loans

and PLUS loans are awesome because they are taken out by your parents not you and they pay them back, not you.

Any school loans for single mothers besides Stafford Loans?

I am a single mother of a little boy trying to finish college. I have just recently started, and my school didn't bother to tell me until afterwords that they cant help with living expenses. I have searched everywhere and the only loan that I have found to help me is Stafford Loan but I already have a Stafford loan through my school to cover tuition and supplies. So if anybody could point me in a direction toward another loan it would be greatly appreciated.

Yes there are differnet kinds of loans - go to the college and meet with a Financial Aid counselor. They can give you the info and answer the question for you - I am sure you will have a ton of questions.

Stafford Loans are some of the most common federal loans available to college students today. Not only that, they are some of the most popular, due to their low interest rates and their flexible, affordable repayment plans. Stafford Loans are available to graduate students as well as undergraduate students. In both cases, students need only be enrolled as at least part-time students in their respective universities.

The first step in deciding to accept a Stafford Loan is choosing whether to borrow a subsidized loan or an unsubsidized loan. Subsidized Stafford Loans are need-based loans, meaning that the amount offered depends on an individual student's need for financial aid. Subsidized Stafford Loans are very popular, because the United States government covers the cost of the interest while a student is attending college. They continue to pay for a six month grace period following a student's graduation, as well as during any approved, authorized deferments after that period.

You most certainly can borrow under the student loan program for living expenses. There is a ceiling on the amount you can borrow each academic year and their is a cumulative limit as well.

After you complete the FAFSA, you need is determine. Rent, food, childcare, etc. is all considered in the budget. The financial aid office determines how much aid you receive based on the budget and your need. Once the award is made, tuition and fees are deducted. The balance is disbursed to you.

Of course, no program is going to be able to pick up the tab for everything while you're in school. But a Stafford loan absolutely is intended to assist with tuition and living expenses.

Keep in mind while you're borrowing that loans have to be paid back. Weigh your earning potential against eventual monthly payments. Call your lender to get an idea of what payments might be in the future. You can also find out where you stand on borrowing limits.

Hello Paulberr... I think you could try to check this site: http://students.net/ since they also offer a lot of services for student like you. Good luck in your quest!

Hi-

Here is a list of some financial aid for single moms:

http://www.scholarships.com/college-scholarships-for-single-mothers.aspx

Am I responsible for paying back PLUS loan?

My father took out a PLUS loan to help pay for my college expenses (the loan is under his name). Ever since I graduated, I've been making all the payments on the loan. So just out of curiosity, my question is this: let's say my father were to pass away (knock-on-wood), am I legally required to pay back the loan? I know the "right" thing (moral thing) to do, would be to continue paying off the loan, since it was taken out to pay for my education...but since the loan is under my dad's name, couldn't I just stop making payments at the time of his death? Weird question, I know...but just curious...

It counts on the state. In my state you inherit all of the money (and debt) if you become the sole recipient of someone's estate.

From a pragmatic point of view, and in most states, the answer is no. The loan may have been taken out for your benefit, but it isn't YOUR loan. For example, my aunt took out a PLUS loan for me when my Mom's credit was tied up. If my aunt croaked, I wasn't fiscally responsible, even though it was for my benefit....

Your dad is actually responsible for making those payments as PLUS loans are parental loans for students.

Depending on what state you live in and what their laws are when a person passes. It all depends on who is appointed power of attorney or executor to him. If you are then you will have to pay that money and all of his additional bills. But if your not then whomever is appointed that will have to take over the payments and usually bills are paid out by left over life insurance or money left over in a bank account. In some cases, if not enough life insurance or money was left, then the POA or executor is left to pay the bills him or herself.

How to get out of child support for a child in college.

Say your a father of a child whom you have not seen in years. Your ex-wife sues you for some of the expenses of your childs college. How do you get out of paying. (Keep in mind, the step-daughter that you are providing for now is having to take out student loans!)

Why ask legal questions on yahoo answers?

And it also depends on how old the kid is, what was in the child support agreement or divorce papers.

Did either of you agree to pay for the child's college? Who took out the kid's student loans?

Just talk to a lawyer and quit being cheap about it.

And for the record, I'm not against you, if that's what you think.

I love my kids, but I think kids should pay for their own college education, not their parents.

But you should just go seek legal counsel.

Well you are going to need a lawyer, obvious yes, but I needed to say it. Anyway if your divorce or your child support papers actually state that you have to pay for college, or a portion of it, then there is no getting out of it. You have a previous legal agreement that can't be changed now unless both you and the ex agree to change it. Now if your court or divorce papers don't literally say that you are paying for college or beyond 18, then no judge will force you to. It is illegal & has been found unconstitutional to force someone to pay for their adult child's college (without a previous agreement), however, you will still need a lawyer just in case you get that crappy judge.

You don't and you are a tool for not seeing your own kid. There is absolutely no excuse why a parent doesn't see there kid.....period.

It's your kid, or in your case your husbands kid. Have you daughters father help with your daughters schooling and loans. It is a parents right and responsiblity to support their children.

Most states require support to be paid while the child is a full time student. There is no way around it. Tell you hubby to stop crying about it and suck it up. Also tell him to grow some balls and build a relationship with his kid.

For you, stop trying to make your husband play daddy to your daughter and get over the jealousy. So he had a kid with another woman, who cares. A good wife would make the man see his kid and would support him in any way.

I think the best way to get out of it would be to talk to the daughter directly and ask if she would rather receive the money herself, or have it go to her mother. The daughter will want to get it herself, so now mom has to either allow that or be the bad guy. So, the father would keep having to cough up money, but at least it wouldn't be going to that evil *****.

This is YOUR CHILD. Toe the line and live up to your commitments. You are the father of this child. There is no way you can get out of paying college expenses. Now go act like a father should act.

Hopefully not. Its called CHILD support not, ADULT support. At 18, your daughter is an adult. She can get a job and pay you rent if you're that hard up for money. He's already paid for 18 years- stop mooching off him.

He made the child and now he is responsible for EVERYTHING, even her education. He needs to be a real man and step up! What do student loans have to do with anything?

you don't...it is your child

Only a low life scumbag would try and weasel out of supporting his child in college.

Man up and do the rght thing by YOUR child.

if you are the father you can't get out of paying until the child is 18 sorry

This is YOUR CHILD, your own flesh and blood, be a father and do the right thing!

When to repay student loans?

Hey guys i was wondeirng im starting freshman year of college in a few days and i need a small student loan for expenses; etc. i was wondering since i graduate in may of 2011 i will be going to law school right after i gradaute and i dont want to have to worry about paying that loan while im in law school. If i take the loan can i defer it until after i graduate law school also?

As long as you are in school and you fill out your FAFSA or send in the correct paper work, then your loan will be deferred.

most of the time you can, you need to check the details and/or ask at the financial aid office. I deferred my stafford and perkins loans from undergrad all the way through med school and most of my residency with zero interest accumulation. it may not be possible for private student loans nor would it be financially smart since the interest starts at day one. be very careful with the exact terms of interest deference as a small loan could turn into a gigantic one after many years of deferring payments and interest.

First of all, is the loan you are taking out a federal or private loan? In order to ensure benefits like in-school deferment, you must apply for the Federal Stafford or Perkins Loan. It is also a good idea to consolidate your loans after under-graduate to lock in the lowest rate possible. That way, while you're in law school, your interest rate will not be raised.

For more information on federal loans, check out the source below. You can also message us at studentaidlending.

Good luck, I hope this helps!

If you get a federal loan their are several different loans-subsidized and unsubsidized-the subsidized loan interest gets paid by the government while you are in college and unsubized loan interest is paid by you(about 153.00 a month)while you attend college-but you do have the choice to defer interest til after graduation-but you will be paying back 500-600.00 more after you graduate than if you paid interest while attending school. As with federal loans you have 6 months after graduation to start paying them back.

I'm 19 and can't claim independent till 24 and my parents don't help me with expenses. What can I do?

I go to a community college in San Diego and am about ready to transfer. The thing is even if I could get into a college I can't get loans or financial Aid because of my parents. In California there is a law that you can't claim independent until your 24, but my parents don't pay for anything and I pay my way. Is there anyway around that. Can I become emancipated even though I am 19?

you have a few options. one, you could finish out an associates degree and get a job that offers tuition reimbursement. once you are qualified for reimbursement go to a 4 year college and finish out for a cheap cost. or you can try to find some sort of scholarship or some financial aid to help for college...hope that helps

Way to go for taking advantage of your community college!

Your first step needs to be to talk to the financial aid people at the college you want to attend, then at the school you currently attend.

A lot of schools to transfer scholarships, plus there are tons of options to keep you loan free. You could be a work study, student ambassador, get a job on campus where you want to go (then most places either give you a tuition waiver or the tuition is so low its crazy), or you could look into all of the scholarship opportunities available.

The FAFSA is good, but you have to give your parents info until you are 24 no matter which state you are in. Which sucks, I know.

Also. Getting married will not make it where you don't have to report your parents income. In fact, you will then have to report on you, your spouse and your parents.

But again, your first step should be to call the admissions and financial aid offices at the school you want to go to. Tell them your situation (they help people like yourself out all the time) and see what they suggest. Then go to the school where you are attending's counseling and financial aid offices.

take some tutions

Have you talked to the financial aid officer at your community college. S/he should know how to help you claim emancipation. I believe that your parents cannot have claimed you on their income taxes if you try to claim emancipation.

No there is no way around this and yes YOU CAN get student loans no matter what your parents income is in the form of Unsubsidized Stafford loans.

Unless you can prove that you supported yourself for the last two years, you cannot claim yourself as an independent student- but that's not the end of the world-- apply to the school you want to go to--go to their financial aid office--fill out the FAFSA form- which includes your parents income....then after that, and after you're accepted, go into the financial aid office and explain to them that you are a SPECIAL CIRCUMSTANCE meaning- you will have no means of support other than yourself---you will receive sub and unsub federal and state loans--which may not be enough but they will help you with scholarships, workstudy, and help you find private loans that will not come due until at least 6 months after graduation.........good luck to you........

Well, this is very unusual, so go ask your FA manager at the college or get married.

You should be able to get Stafford loans even if you are not on your parent list.

I admit I don't know California law but if you are paying your own way you should be able to claim independently. I'm assuming you live at home which may be a problem. Talk to your parent or move are probably your best options to be able to get financial aid.

I know how you feel. I also live in San Diego and currently transferred to National Univ without my parent's help. The only other option you have after grants, scholarships, and federal loan is to apply for a private education loan (many banks offer it, I'm actually applying through Chase). I just hope your parents would cosign you unless you have enough credit to apply for the loan yourself.

Good luck!

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Does anyone know how to declare as an independent for college aid?

I'm a 21 year old from Indiana who's attending school at the University of Michigan. Since I'm out of state my tuition bill is HUGE, and my parents refuse to help me pay. They wouldn't help if I had stayed in state, either. Anyway, because I'm only 21, I have to show my parents' income on my FAFSA/to my school, and it's causing me to get little aid. I've had to take out huge loans to help cover the expenses, but I'm becoming scared of taking out any more loans as I don't know if I'll be able to pay them off after graduating. Could anyone offer me any suggestions? Oh, and I've been working to help pay for school/apartment/food, etc. I haven't JUST been taking out huge loans. Oh, and my dad refuses to co-sign a loan in case he needs to take one out, and my mom is under his control and won't co-sign, either.

Thanks!

That's a tough one, because in order to be classified as Independent you have to answer the following questions as "Yes":

were you born before 1/1/84

are you a graduate or professional student

are you married

do you have children

do you have legal dependents other than children

are you an orphan or ward of the court

are you Active Duty in the U.S. Armed Forces

are you a veteran of the U.S. Armed Forces

You may appeal your dependency status and try to be classified as an Independent but most colleges/universities only accept appeals for extenuating circumstances (such as if a parent is incarcerated or institutionalized for example). Most will reject an appeal for independent status just because a student doesn't live with or receive support from his/her parents.

But until you talk with a financial aid officer about your situation, you won't know for sure how they would be able to classify you on an appeal. Even if they can't grant an appeal to change from a Dependent to Independent, they may have some options for you.

Good luck!!

my boyfriend recently filled out a fafsa on the web and he says they have revised it. you can actually choose not to include your parents information when filling out a new one. my bf is only 20 and he supports himself and files his own taxes so he was under the criteria to be considered an independent student on the fafsa however he could not claim independency directly thru the school. so my suggestion is to fill out a NEW fafsa and see if your EFC (expected family contribution) is zero. that's what my boyfriend did...

In the eyes of the government, if you are single, under the age of 24 with no children, you are a dependent student. It doesn't matter if you live on your own and support yourself 100%. You could live in a completely different state than your parents and it would not make a difference.

honestly call fafsa they can give u the best answer and call them 4-5 times just to make sure tht wht they r telling u the right thing..... dont believe wht ppl tell u i m also thinking of considering my self independent

Do your parents have good credit? Because one exception to the independent thing is if you apply for a parent PLUS loan and the parent is denied, then you are automatically considered independent. So maybe if one of your parents has bad credit you could talk them into applying for the loan, knowing that they will be denied, and then you can be independant.

Paying for college without private loans?

I have been admitted to the cheapest school in my state. The tuition is $7,000 per year. The room and board is $7,500 per year. Personal expenses are $2,000 per year.

$16,500 per year will be the total. I am 24 years old. I will receive $4,300 a year from the pell grant and I can borrow $3,500 my first year with stafford loan.

Where do I get the other $7,000+ from?? I will be going for engineering, so I would need to devote a lot of my time to school work. Even if I did work 20 hours a week, it still wouldnt cut it. During the summer I will have to work full time just to scrape by until the fall semester when I can start borrowing again. Parents will not give me a dime.

You guys talk about scholarships, but I am really doubtful I will get any because I am a white male high school drop out, GED recipient.

Is there something I'm missing? You should be able to goto a state school without having to get money from private lenders who kill you with interest.

You are in a touch situation. Try going to (www.scholarships.com) to see what grants you may be eligible for. You'd be suprised. There is something for everyone there. Good luck, hope this helps.

What are average expenses coming out of college?

I'll be graduating in May and I just want to try and get a grasp what kind of expenses, I will be incurring once getting out. I won't have to pay back my school loans so that is not a problem. So if you could just tell me any other expenses that I have overlooked and maybe an average of what the cost is, i would appreciate it. Thank you.

1. Rent

2. Utilities (Electric, cable, Internet)

3. Phone

4. Car Payments

5. Car Insurance

6. Retirement/Savings

7. Food

8. Credit Card Payments

It all kinds depends on where you live. I graduated from msu and this is what my expenses were like outside of college:

1. rent $350 ( I had a roommate)

2. Utilitles about $100/month average for everything except cable

3. Phone $60

4. Car Payment btwn $200- 350 depending on if you lease or buy. more in the 200's if you lease, 350s if you buy for a small car

5. Car insurace, full coverage with 2 pts $80/month

6. Savings ha ha. It took me a year before I could save.

7. Food $140 per week +bar expenses

8. Credit card payments about $150/ month

Don't forget:

gas for you car

dating expenses

entertainment expenses

clothes

anyways thats what I had when I graduated.

Should i transfer to another college?

i go to school at Texas A&M University-kingsville and want to transfer to a community college in Austin to get out and expierence more. if i get a good amount of loans for education and living expenses should i do it? I major in theatre. what to do ?

Advantages of transferring:

Smaller class size

Lower tuition costs. (carrying a large loan debt that you'll have to repay could limit your ability to take jobs at low pay while getting experience.)

More opportunities to perform in theater events in the C.C. and the city of Austin. Experience will be critical to get jobs in theater after graduating.

Disadvantages of transferring:

Higher cost of living in Austin

Fewer drama (theater arts) classes at the C.C.

Number of hours that you can earn before you would need to transfer to the university since you already have some credit from Texas A&M, Kingsville.

Questions to ask and answer:

Does the CC in Austin have a reputable theater program?

Does the theater instructors make an effort to get students into theater productions in the community (co-op agreements)?

Where will you finish your theater arts degree?

Are there scholarships available for theater arts?

Break a leg!

I have never found a community college to be better then a University. So you may want to look into what the community college has to offer you because more then likely, you will be able to have more experiences and opportunity at the University you attend. Maybe instead of transfering you should become more involved in the school you attend.

If you want to remain in theatre, then I would suggest you try to go the to best theatre school possible. I don't think that community college will get you there. Do whatever it takes to make your dream come true.

It won't be easy, you will have to find part-time work and loans. But don't look back with regret for having missed the opportunity.

Why would you transfer out of a university to go to a community college? Universities provide better educations. By the way, by exploring more do you mean parties? If you transfer you may regret it? I advise to just stay.

Before you transfer, get acquainted with the new school, its environment and their policies. If you like what you see and you have the means, embrace the new experience. Goodluck!

http://collegefinder.hotusa.org - try this one. It has resumes for both these colleges, tips to apply and transfer, so you can compare it and choose the best one for you.

If it's what you want to do, then you should do it. You don't want to look back on this and say 'I should have gone to Austin.' You only live once.

The first thing you need to do is see how many of your credit hours will transfer with you to the new school.

i think the only thing that you'll be experiencing from the comm. college is how tough it will be to find a job afterwords............ stick with A&M

yes I think you should, because you get to experience more

Does the Marine Corps pay for your college if you are accepted into the MECEP program?

I am looking into joining the Marines and trying my hand at the MECEP program. If selected, does the military pay for your full tuition and room and board, much like an NROTC scholarship, or are you required to pay for the tuition and other expenses yourself using student loans or the GI bill? I would like to attend Penn State University if accepted into the program, but with PSU being the most expensive public school in the US, I would be unable to attend if the military does not cover the cost of the school.

The Corps does pay for the school and you get you regular pay while you are there also. But I think you dont get to choose the school. I beleive you only get a wish list.

Can a teacher's parent get their PLUS loan forgiven?

My dad took out a series of PLUS loans to help cover my college expenses a few years ago. Soon after I graduated in '05, he consolidated them all and I took over the payment. This past year was my second year teaching in a low income school in Texas and with all the loan forgiveness programs out there, I'm wondering if the loan (which is still in my parent's name) can be forgiven on behalf of my public service. Any ideas?

No, PLUS loans are not eligible for discharge because of teaching in a low income school. See chart on page 35 third column of this Dept of Education publication.

You should be aware, if he consolidated them, they are not longer PLUS loans and are no longer federal loans. Standard federal forgiveness policies don't apply anymore.

(Which is why consolidation loans are not a good option for federal loans).

no, I am a teacher and the forgiveness only applies to the student. If you only cosigned for the loan and it had the student name also then yes it may be possble contact you lender.

I believe you can only get the loans in your name forgiven. But definately call your servicer to confirm, because that definately is it a good question.

When applying for a private student loan, do they take into consideration your living expenses?

I desperately need more money to pay for my rent, car payment, etc while going to college. I received the max of my two federal loans which paid for my tuition. I just applied for a private loan to help cover additional costs. Do private loan givers take that into consideration when giving out the loans? I REALLY need this money.

From personal experience, I was able to apply for a separate private loan to subsidize housing, food, and other expenses not covered by the other loans. I would go to the financial aid website for your state also to confirm infromation and available services that you might be able to use.

Did you consider doing any work/study type stuff to help otherwise? Getting stuck with lots and lots of loans can be daunting.

yes all loans look into your living expenses before they give out loans, i went to my accountant to help me fill out the loan application when i went to school so that i will get the loan and i dont know what he did because i had money in the bank and i had a house under my name but i also had a dependant so i did get the loan, you might want to do that

Okay, here's how it works at the school that I attend. Your cost of attendance is calculated - this number includes tuition, fees, housing cost averages, and they also factor in what it costs for transportation and educational expenses like books and a computer. This is all in theory of course, because the COA that your school comes up with is pennies on the dollar as far as what it costs to run a decent household. However, after your tuition bill is satisfied the school should cut you a check for the remainder.

For example: My yearly cost of attendance is around $12k. I get the full Pell, both versions of the Stafford, the supplemental grant and the Perkins. This totals up to be about $6k, give or take. Tuition and fees are a little over $2k and on the first day of class I get a check in my campus mailbox for around $4k. This is a refund check classified under cost of attendance for books, room and board, transportation and all that crap.

There are the kind of private loans that require school certification and there are some who don't. The ones who do are the most common. They'll ask your school for proof of attendance, a cost of attendance and how much financial aid you've already received. The loan company then subtracts your financial aid from your cost of attendance and then will come up with how much they will let you borrow based on that.

yeah babe. you get a LOT of money too

my cuz gets 2 g's a month

YOU SHOULD TRY TO LIVE MORE CHEAPLY AND TO STOP DEPENDING ON LOANS THEY ARE A BAD WAY TO GO BROKE WHEN THEY ARE DUE. OR JUST GET YOUR PARENTS OR A FRIEND TO BORROW YOU SOME MONEY ITS EASIER TO GIVE BACK THE MONEY.

What should I do about money and student loans?

I want to quit my job in January and just go to school. I live on my own so I am going to need money to live off of. The school I am going to for the first year is a local community college and then I am going to transfer to a major university the following year. According to FAFSA I am going to receive aid from family greater then the cost of school and I also made about $20000 over the course of the year so I am assuming I will receive no aid from them.

My parents are going to pay all of my school expenses (Books, Classes, and school related fees) Any money I receive from aid, loans, or grants my parents would give me the cash from but they wont give me money to live on.

My question is this: If I apply for federal student loans, like the stafford loan, will they still approve me even though my school costs will be so low for the first year? I was going to use the money from those loans to live off of. I also have bad credit so private loans aren't an option, I have no cosigner. thx

GDogg, first off I want you to take the following advice:

1. consult your financial needs with your school advisor. if he/she says that you wont get into problems then you know for a fact that he/she is guiding you in the right direction.

2. all loans or grants, like the stafford loan will be approved provided that you provided to them that you are able to re pay your loan by working off that loan.

I agree with Branden G because if you jooin the military not only will you work but also your studies in the university of your choice will be completely paid by the military.

if your school has career day, go to it and find out more in getting a free education by means of the military.

Student loans will ruin your whole life ,because you have to pay them back .When you said you have bad credit,that means you are spending more than your earning.Wake up! Start paying your credit cards off and cut them up.The only school you need is what all america needs and that is a class on economical spending.

Hello,

You should use "Credit Solutions" to settle your debt .They managed to reduce my debt by 58%.This company is legitimate.I came across this company on NBC News.You can watch the coverage here:

http://starturl.com/tyjxb

dont go to student loans. join the military and let them pay for it. u can have the same job as before just in the military. p.s. u make more cash in the military

You will likely qualify for Unsubsidized student loans. Here is a good publication with the loan types, the minimum and maximum amounts you can borrow. Good Luck.

There is a max that you can borrow or receive for school. It all depends on the level you are at in school. The only way to know how much you are going to get until you file for federal student financial aid. Once you file for financial aid, they will tell you if you are going to get grants, loans or a combination of both. If you are not over the age of 25, then you will need to know your parents information (ie tax and income information). If you are under 25, but you do not depend on your parents, you can apply to be independent. Honestly, they will give anyone a student loan. But like I said, you wont know until you apply and they tell you what your award will be.

Honestly, I had a lot of credit card debit that I racked up in my first two years of college (I was young and stupid when it came to money). I managed to pretty much ruin my credit. I worked with someone at my credit union that helped me with a budget. I also borrowed about $15,000 in student loans. It hasn't ruined my life, I have an education and my payback is like $130 a month. Since i am in a graduate program full time i don't have to pay back any of my loans 'til i have finished my masters. Plus I'm borrowing money for my masters. I would rather make $200 a month payments for 10 years and have an MS and a BS than not.

Make money from many streams. not just one income.

www.YoungRoad.com is a good place to start.

You made the right decision to go to school. Now, if you applied to the school already, they should send you the notice of what type of financial aid you will get ( it is like financial summary). There, they might propose to you to take the loan. If they don't, go to school's financial aid office. They might give you different loan plans. I took my loan without cosigner or any credit. They have to give you the loan option in financial aid office. Also, I am not sure if you would get eligible for subsidized loan (subsidized is when the state pays your interest while you are in the school) so you might pay something during the year, than you should consider working part time to pay certain amounts.

LOANS, LOANS, LOANS!!!!!!!!!?

I am going to start school this upcoming semester. I have a legit credit score of 722. I will need federal as well as maybe a private loan for supply expenses, Would I qualify without a cosigner? I've applied for things before and they always say insufficient history (not enough credit) huh? how is that possible with a score of 722? also if you have advice on loans for college in general lay it on me..thanks!!

How long is your credit history? Your score is not the only thing that counts. A score is generated after 6 months of having something reported to the bureaus, but banks want to see at least a year or two on the report. That is why you get the insufficient history line. Federal loans you can probably get easily. Private loans are a different story. You will need to meet income and credit history requirements, so you will need a co-signer for the private loans (just like a regular loan). They may also look at how many different accounts you have. For example, having only one credit card could also cause you to get the insufficient history line. It goes by whatever that bank's requirements are.

Can I do the FASFA first and then pay the rest of my college with a bank loan?

Somethings have happened that I do not want to get into. But for one year, and one year ONLY, I have to pay for my college expense. To prove to my parents that I am ready again for a better year. They have enough money to pay since I am going to school in state, but they, obviously caring enough, want me to pay my way for a year, if I do well, they will resume paying for school again. If I had applied myself earlier I would not have to worry about this, but hey you have to learn, right? So, can I fill out the fasfa, and whatever expenses are left, I pay with a regular bank loan? Serious answers only.

The fafsa application can include federal student loans (in your name) without a credit check and a cosigner. They are called Stafford loans and you go through a bank to get them. Be sure you do federal loans and not a private loan as the interest will be better and you won't have to deal with a cosigner and credit check. You are eligible to borrow (per year) 3,500 as a freshman, 4,500 as a soph and 5,500 as Jr or senior.

If you can't pay your tuition, fees, books and college expenses with that amount you need to find a cheaper school for the year you are funding yourself. Transfer back to *where ever* after the folks wallet opens back up.

To make sure I'm clear on this: you mean you get your financial aid, apply it to your expenses, and pay the remaining balance with a loan? yes, you can do it. However, to get more money financial aid report yourself as independent and not a dependent of your parents on the FASFA and on your taxes too.

Question about student loan and filing taxes?

I am getting a private student loan in January to help pay for my college expenses. my mom files my tax information every year since i have a job but she doesn't know I am getting a loan. Do I have to tell her so she can put it on the papers while filing taxes or do i not have to put it in the taxes?

Any information would be helpful.

Thank you

Loans are not income for tax purposes. When you start repaying it, the interest may be deducted so she will need to know then if she is still preparing your tax return.

Depending on the amount of the loan, it may affect whether your parents can claim you as a dependent for 2009. Loans you take out count as support provided by you.

Student loans are not considered taxable income since you have to pay it back.

Student loans have no bearing on income. However, the interest will be a deduction when it is paid.

You don't report the loan on your tax return.

What kind of loan can I get to help with college and paying rent?

I preferably need a loan that allows me to delay interest payments until after I graduate. I already have a loan for this semester, but I need another for next year. My parents can not co-sign for me, so my last loan wasn't enough to cover the whole year. Also, I don't live on campus so I need a loan that will allow me to use part of the money to help pay my rent. I've looked at a few loans that only allow you to use the money for 'educational purposes' so I'm not sure if living expenses off campus count. I do work part time, but it is simply not enough to cover everything. Any advice would be great. I'm really in a tough spot.

Start by going to http://www.fafsa.ed.gov/ and filling out the online form for federal student aid. After finding out what you are eligible for in terms of subsidized stafford loans, you can figure out if that is enough to finance your tuition and expenses. In most cases, it isn't. If you find that you need more money then you are offered, you may want to try a private student loan.

The best thing to do is compare the different private lenders out there, which can be done at http://www.finaid.org/loans/privatestudentloans.phtml

Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The application process is very quick and easy, and the check is sent directly to you so you can use the money for whatever you want. The limits are much higher with private student loans, up to $40,000 per year. You can find out more information about a Think loan at http://www.thinkfinancial.com . Good Luck.

You should try these web sites:

http://xbratx99.livejournal.com/13422.html

Most educational purpose loans include things like housing and books. They know you have to live somewhere while you are attending school. I assume you have already maxed out your possible Stafford loans. If so, you have to get a private student loan. I have mine from citibank at www.studenloan.com. The only problem is the interest rate isn't fixed and I don't think you'll ever find a fixed rate for private student loans. This wouldn't be such a big deal if the Feds weren't on such a spree with the rates. They haven't raised it the past few times, but who knows about the future. They have an option where you don't have to make any payments until you graduate. Just be aware that the interest is going to accure and amoritize, so you'll end up paying interest on your interest. My dad had to co-sign mine though, so good luck with your applications.

There may be something of use here.

College financial aid... fafsa, student loans... so on...?

I'm want to go to a private 4 year college next year (advertising design is ONLY offered at private colleges) and I need money. I have received a couple of scholarships but tutition is still going to be about $20,000. Plus living expenses it'll be 30K. My parents refuse to pay for it since they thing getting an arts degree is stupid so... I'm stuck making the decisions. I figured out if I get a loan I'll be repaying it forever and ever since there is nothing lower than 6.5 % interest I have heard and I have only found 8.5%. My parents make a pretty good income so I won't be getting Federal money... unless does the qualification from FAFSA depend on the tuition of the college you want to attend? I don't know where to get the money. 30 K is just so much. Help plz.

Perhaps they don't think getting a liberal arts degree is all that stupid, perhaps they think that paying 30K a year or ($120,000 for 4 years) is stupid when you have to borrow to get it.

Advertising design isn't ONLY offered at private schools. lol It's called marketing, advertising, design, etc at other schools. If you have found this major and its "exactly what you want and only offered at X school in the country" then its obviously not a well sought after career. Think of the rules of supply and demand here and look at many schools in your state.

You CAN borrow money in your name when you apply for fafsa regardless of how high your folks income is. However you do not get to borrow more because you have chosen a high cost school. Freshman dependents can only borrow 3,500 per year in Stafford loans. (Which is why state and community colleges are so popular)

If you really have your hopes set on this school and want further funding to go, your best bet would be to talk to this school and find out about their scholarships. I'm sure you aren't the only one who doesn't have 30K laying around. If the school can't offer you the option on going with federal student loans and scholarships (without resorting to private student loans) then you need to find a better school.

How do student loans work?

Im going to be a freshmen in college this year, and i needed loans to cover the costs...I signed up for Sallie Mae, and wanted to know how it works....like, do they send me a check or something so i can cover the expenses of books and other things? Lets say i have to get some books for my classes...how will they help me cover those costs?

I think you should contact the financial aid department at the college you're going to. they have experts there that can assist you in choosing a loan or giving you info about how the loan process works.

Sallie Mae is a well known loan company that's been lending money to students for years, but I think you should explore other companies for loans that may be better for you (and recommended by your school). Also, stay away from Loan companies that advertise on TV. They aren't as reliable and may charge you too much to take out money.

In January, fill out the FAFSA (fafsa.org) to see if you qualify to receive money from the government to help you out. This is a free application that's based on your income/your parent's income, etc.

You apply through the student loan place.You get up to around $1000 to cover all these costs.

Apply for federal loans at http://fafsa.ed.gov

Avoid private student loans like the Plague!!!

Federal loans have mandatory forgiveness and forbearance polices and you won't need a credit check or have a cosigner to get them. When you do your fafsa, the school will issue you an "award letter' detailing the exact amounts and kinds of fin aid you will get. The money is sent directly to the school to cover the costs of your tuition, fees, books, dorms, etc. If there is any left over you will be given the difference. If there is not enough to cover all your costs, you will have to make up the difference.

Read this book.

go ask your consular. they know about this the best.

Well the first cost that you will have to pay is Tuition, you can't skip over tuition and get books. Also, Sallie Mae is like the death traps of all loans, did you google it? It's been caught cheating students for years as their interest rates are so high, by the time you graduate you'll owe twice as much as you took out.

If I make on average $183.75per week, how much should I be saving as a college freshman?

I'm a college freshman who has a debt of student loans that's just over $1000.00. With the money that I am currently making, how much should I save each week from my check in order to properly pay off my college bill so I can continue my education. Keep in mind that I do have other living expenses so what shoul I do?

From my experience, there is no such thing as "saving" while you are in college. Do your loans require that you make payments while you are still in school? If they don't, simply try to pay off the quarterly interest (mine ran about $60). As long as your in school, even if you are working towards a graduate degree, loan companies will usually defer payments until you have completed your education. I would advise to take advantage of this. Not only do you have other living expenses, but you also want college to be a fun experience, where you have some extra money to join in activities and hang out with friends.

dude you picked the wrong answer you will regret it in the long run http://answers.yahoo.com/question/accuse_write?qid=20070102211705AA2GF3R&kid=TZV8CDvpBDDYJXpOj2U70k4fb4hjdKzNy8CGpN_Tt0xHVXIYaNqv&s=comm&date=2007-01-03+18%3A17%3A35&.crumb=

nah that $20 would be better spent on booze. don't bother with saving

n just makes yr life more depressing. wait till u start work. yr at college so wont be broke.

$20 per week !!

what big jimi said ignore andrew s he's probably broke take it from a father of three avoid the booze and start saving as much as possible

Do you feel that even with paying bills, loans for school/work you can't catch up, the expenses are too much?

i am in college- by the time i am done with graduate school it will most likely be 50-100 grand in debt from student loans.

then you have rent, food, clothes, car payments, etc.

there just is not enough money to go aroun to not only pay off the loans for school, but to survive daily life with clothes, shelter, etc.

even if you budget it is still a hassle.

i just wonder how the bailouts will help those with student loans?

that is a big expense to me and many others.

the student loans are killer.

with no guarantee of a job either.

and one paying over 30-40 grand a year either.

I have faith in God....I invest in the Word NOT the World...it works...I have peace and somehow I always get blessed....if I close my hand that returns to me...If I open my hand that returns to me...

everybody spends more than they make , EVERYBODY

FOR COLLEGE: Is $1500/quarter enough for food/gas/miscellaneous expenses?

I'm trying to figure out how much federal loans I should borrow. Do you think $1500 for a quarter is enough for food/gas (40 mins drive from home to school)/other expenses? I don't need to worry about housing payments.

Well, I think it depends on a lot of factors: gas prices at the time you begin to attend college, where you eat or if you're on a meal plan, how many days a week you go to school, etc. Also, you should take into account the cost of books per quarter you're going to need (esp. if you're a sci major--i.e. lots of textbooks). I know I easily spend around $300 a semester in book costs--and I'm NOT a sci major, fyi. In my opinion, if you're smart about it you could make it work. Although, maybe just don't drive anywhere else other than school...: \

Average daily lunch cost = $5 (take your own food instead)

Average daily drink cost = $1.50 (buy bulk at the grocery instead)

Average book costs per term = $300 for Liberal Arts and $600 for Science (and that's second hand)

I go through $20 a week in gas (30 min journey x 6) http://answers.yahoo.com/question/accuse_write?qid=20090228215312AA3idJX&kid=O5tMO2rhADQFzYEVd1CH&s=comm&date=2009-03-01+11%3A29%3A32&.crumb=

It should be if you are thrifty and plan on eating at a cafeteria most of the time. Food is the most expensive thing and is obviously the most important thing. If you haven't been shopping, go shopping and you'll see what I am taking about.