Originally Posted by Alu_Rathbone

My school is about 37,000 a year (tuition, room and board) I am receiving about 27,118.00 from the school and government... its that other 10,000 thats a bit hard to get. I need to come up with at least 2000 of that by august 15. then have to make payments each month till the end of the school year... I'm trying to get that lower! My mom is going to try for the Parent plus loan and if she doesn't get that I get 4000 in unsubsidized loans from the government. Then it's reduced 6000. I don't have a co signer for a student loan otherwise I'd be more apt to get one... and no one offers a student loan where you don't need a cosigner.


I think you are very lucky you got so much from the school. Most people don't get that much. My daughter got nothing. If you fill the FAFSA you can get a subsidized loan and don't need a co-signer. If you go with a private lender you need one, but from a subsidized one your education is the colateral. Your parents can also borow, but is such a small amount (relatively) that is better if you take the loan. Your interest rate is a lot lower and the loan is payable after graduation. With the money you make working you can pay the interest so the amount you owe is not increased. I have to congratulate you for taking such a responsible approach, but remember there are many out there that have to borrow the whole tuition.

I also have to have a on campus job due to work study and I am looking for a job near the college or near where I am now so that I can transfer there after the summer.

And I am hoping to stay on campus.