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Author Topic: Financial Aid  (Read 608 times)

jarhead

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Financial Aid
« on: August 14, 2006, 03:22:31 PM »
Did any of you 1Ls have to take out private loans?..if so do you know what the credit criteria is...my credit is good but its not excellent and having my parents co-sign is not an option. Please, I know there are scholarships and such but I need information about private loans, thanks.
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One Step Ahead

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Re: Financial Aid
« Reply #1 on: August 14, 2006, 03:34:48 PM »
see if your school has a preferred loan company or gives out loans themselves.  unfortunately the process is so opaque that I'm not sure what threshold number you need to get the better rates.  I would say if you have a 700+ you are probably in good shape.  Obviously the higher the score the better the rates you can get.

A.

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Re: Financial Aid
« Reply #2 on: August 14, 2006, 04:07:47 PM »
Get the federal GradPlus loan.  I think the qualifying criteria are minimal.

Freak

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Re: Financial Aid
« Reply #3 on: August 14, 2006, 04:31:05 PM »
Get the federal GradPlus loan.  I think the qualifying criteria are minimal.

Correct, I have GradPlus. Good rates too
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Re: Financial Aid
« Reply #4 on: August 14, 2006, 04:36:42 PM »
yeah Gradplus is probably your best bet unless your credit is outstanding

mivida2k

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Re: Financial Aid
« Reply #5 on: August 14, 2006, 04:58:53 PM »
Gradplus is the best option next to not having to take out any.  (a girl can dream can't she :-\)
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One Step Ahead

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Re: Financial Aid
« Reply #6 on: August 14, 2006, 05:00:50 PM »
yeah if at all possible try to keep it to Staffords

jarhead

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Re: Financial Aid
« Reply #7 on: August 14, 2006, 05:08:24 PM »
 ok great ill look into it... thanks for the responses...
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mivida2k

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Re: Financial Aid
« Reply #8 on: August 14, 2006, 05:08:54 PM »
yeah if at all possible try to keep it to Staffords

Yep because the amount of your student loans does effect your credit score

And try to reduce your Staffords come 2L and 3L.  You will have more options if you have less debt - clerking, etc.
The president's approval rating has dropped to 33 percent, matching his low in May. His handling of nearly every issue, from the Iraq war to foreign policy, contributed to the president's decline around the nation, even in the Republican-friendly South.