Back to school at 33, full-time student and unable to get a loan without a co-signer? Student Loans |
- Back to school at 33, full-time student and unable to get a loan without a co-signer?
- Paying Debt While in Law School
- How to find out how expensive my student loan payments will be?
- Pay in FULL PLUS loans or pay in FULL my own FEDERAL loans?
- Student/child paying the PLUS loans
- Reconsolidate small loans
- Should I just pay off my loan right now if I can?
- I'm being offered an unsubsidized Stafford loan on FAFSA but would prefer a subsidized loan. How can I change this?
- Parent PLUS loan please help
- Can someone in College explain to me how colleges charge you and when does your student loans start affecting your credit score.
- Student Loan Account
- Where to find Cosigner/ Easy loans to get
- With the old adage, "Invest in what you know," have you ever purchased stock in Navient or other private student loan servicers?
- STUDENT LOAN
| Back to school at 33, full-time student and unable to get a loan without a co-signer? Posted: 10 May 2021 12:58 PM PDT Hello, I am going to back to school at 33 for a full-time accelerated nursing program which is just 12 months in length. Tuition for these programs is insane and I planned on taking out loans again. Even though I have 12+ years of employment history and income, have already paid off my first undergraduate degree loan in full, have taken out and paid for other loans along the way, and have excellent credit, because I do not currently have an income (again, because this is a super intensive accelerated program where you're unable to work), I am unable to apply for a loan without a co-signer. I can't believe in my mid-thirties I'm going to have to ask my parents to co-sign a loan for me. This is so frustrating and embarrassing. Does anyone have any insight or suggestions? Edit: For some more context: I have a previous bachelors degree from 10+ years ago. I'm going back to school for a second bachelors degree in the form of an accelerated bachelors of nursing program. [link] [comments]  |
| Paying Debt While in Law School Posted: 10 May 2021 07:56 PM PDT I'm starting law school in August and I currently have $11,500 worth of undergrad debt (all federal) and $2,000 in credit card debt. I'm going to be living off of loans my first year in law school and I will also be supplementing my income with loans my second and third year of school. I was really hoping to eradicate my credit card debt before school started in August but with the cost of moving to a new state, there's no way I'll be able to. My question for you guys is should I pay off my credit card debt with student loan money (debt)? I've heard that you shouldn't ever pay down one debt with another but I'm being charged $35 in interest a month with this credit card debt so I feel like I should just pay it off with law school loans? Also, what happens to my undergrad loans while I'm in law school? I'm assuming my payments are deferred until graduation but I continue to accumulate interest in which case it would be wise to pay the interest, or even just complete my monthly $80 payment on my undergrad loans while in law school? But then I'm also just...paying debt with debt. I really don't know what to do in this situation. If anyone has an insight I would really appreciate it. [link] [comments]  |
| How to find out how expensive my student loan payments will be? Posted: 10 May 2021 03:51 PM PDT I'm graduating at the end of the month with about 8k in federal loans and 19k in private with transportation federal credit union. The federal loan payment seems like it will be about $100 over ten years which isn't bad, however I'm worried the private credit union will force me to pay a large monthly amount. I'm hoping all in all my monthly payments will be about $300. Do private loans have a harsher repayment plan? or is $300 about the amount I will likely be paying for both loans? In addition I'm thinking of going to grad school but I want to get the undergrad loans under control first. [link] [comments]  |
| Pay in FULL PLUS loans or pay in FULL my own FEDERAL loans? Posted: 10 May 2021 09:20 AM PDT I've been paying a monthly sum to my mom to repay her PLUS loans. I've saved up quite a lot in my gap years working full-time and now I have the option of either paying her back in FULL (70k) or paying off my own federal (25k) loans. (Hopefully) I will be going to medical school Fall 2022 and was wondering if I could get my undergrad loan payments paused while I'm in school. If that's possible, is it better to pay back my mom ASAP (no more familial drama) or does it make financial sense to clear my loans out first before going back to school? [link] [comments]  |
| Student/child paying the PLUS loans Posted: 10 May 2021 05:29 PM PDT I understand that PLUS loans are the sole responsibility of the parent but when I asked my mom to take them out on behalf of me, it has always been understood that I will be the one paying it all off, in full. This is due to the fact that she is not in a high paying job and assuming I get a good job with my degree, I will be making exponentially more than my mom. When it comes time for payments that need to be made, how will I show that I did this, in the legal sense, such as taxes or whatever? It says that plus loans are the sole responsibility of the parent but is it technically "illegal" if i, as not the parent but the student, make payments? Or would I need to be transferring the money so she can pay in her name, etc? I hope I'm making sense. This is not a dire situation but I just want to be sure I'm prepared since it will be coming up this fall. Of course if I just transfer her mass amounts of money the IRS will wonder where she got the money and where my money went, etc. Any help or insight appreciated [link] [comments]  |
| Posted: 10 May 2021 05:03 PM PDT I have 4.2K in private student loans and I'd like to refinance because the APR ranges 6.5%-10%. I can't find a place that would let me refinance my loans because they don't meet the minimum 5K threshold. I was wondering if it were possible for me to apply for $5K reconsolidation even though I only have 4.2K loans and use the $800 to pay off a different debt [link] [comments]  |
| Should I just pay off my loan right now if I can? Posted: 10 May 2021 04:52 PM PDT I paid off the last tidbits of a couple of my student loans today (yay!) and there is currently one more that has a balance of around $2,200 right now. Should I just pay that all off right now or at least pay off a big chunk of it if I have the money? I would probably end up paying more the longer I wait, right? (On top of that, I'm about to go to grad school in the fall, so that'll be more student loans. Woohoo.) Thanks for any help/confirmation! [link] [comments]  |
| Posted: 10 May 2021 03:28 PM PDT I'm a transfer student coming from a community college for the fall 2021 semester. I'm also a dependant student and my family makes less than 45k a year. I've previously used grants and scholarships to pay for my courses but for the upcoming academic year, I will need to take out loans. On my FAFSA application, there are 2 loan options. One is an unsubsidized Direct Stafford loan which is what I'm currently being offered for $7,500. The second option is a subsidized Stafford loan. Upon completing my application, I wasn't given the choice to choose which loan I wanted. The unsubsidized option is the only loan being offered to me. My question is, is the loan option predetermined based on my responses on the FAFSA application? And if I wanted a subsidized loan how can I go about getting one? [link] [comments]  |
| Posted: 10 May 2021 02:48 PM PDT Hello, I'm an incoming freshman in college. I knew I was going to have to take out student loans due to the school I want to go to being out of state and a bit expensive. However, I applied for several student loans and was denied by all of them due to my parent not having a high enough credit score, and I don't have any credit history myself. So, my dad applied for a parent PLUS loan, which has not yet been approved or denied by my college. I applied for it around April 15th, and I have called and emailed several times since then and keep getting the same response "you'll know closer to the fall term" or "it's in the process of being linked in/packaged". I really need to know if I will be able to go to college of course, but also for my living situation next year. Does anyone have any information on how long I could be waiting or have any suggestions? Anything is greatly appreciated. [link] [comments]  |
| Posted: 10 May 2021 02:31 PM PDT I posted this last year but I wanted to get some more opinions? Do you have to take out tuition loans before each year or all at the end? How does this effect you if u want to get a credit card to start building credit while in college? Should you wait until your done with college and paying loans to get one? My parents aren't from here and have struggled with their credit. I really don't want to make the same mistakes cuz they struggled a lot, but because of their culture they won't be open with me about their mistakes. This is a really confusing process and I feel like I'm on my own with college planning. I could use some help just so I can understand what I'm getting into. [link] [comments]  |
| Posted: 10 May 2021 08:02 AM PDT Hello, I'm transferring from one college to another in the fall. To stay on-top of my loans (and taking advantage of the interest hold due to COVID) I went ahead and paid them off to start fresh at my new college. I don't plan on taking out anymore loans but you never know. The company used was MOHELA. Since I paid in full, will the company close my account automatically after payment has posted? Or will I have to call them and tell them to do it? Any help is appreciated! [link] [comments]  |
| Where to find Cosigner/ Easy loans to get Posted: 10 May 2021 12:07 PM PDT I have been in school for a bit now, I started off going to community college and working paying for school completely out of pocket, at the time I had amazing credit and was living on my own; everything was going pretty good. I finally transferred and got into my medical program however this happened during the pandemic and since both of my jobs were shut down and I have to move states I relied a lot on my savings/ credit. Now my credit isn't as good as it was and I can't find any student loans that I can get without a cosigner, my parents don't work as they don't have good enough credit and I don't know anyone I could ask. Are there any resources I perhaps don't know about , online? easier loans to get approved for? would even be willing to pay the cosigner at this point I just need to be approved. My current GPA is a 3.7 and my job placement rate is over 90% as I'm going into the specialty side of the medical field, so I'll definitely be able to pay it off, but getting it in the first place has been a massive headache. It took years to get into the program so I would ideally not like to take any time off/ restart and try again; but any advice is greatly appreciated. [link] [comments]  |
| Posted: 10 May 2021 10:22 AM PDT I checked out the financials on Navient and they look okay. I did notice that the stock has gotten quite a bit of attention lately for some reason. In any case, the "invest in what you know" maxim may apply here, unless you find investing in these kind of companies distasteful, I would understand that too. [link] [comments]  |
| Posted: 10 May 2021 06:42 AM PDT I RECEIVED FINANCIAL AID AND STUDENT LOANS BUT BECAUSE I NEED SURGERY I WILL BE TAKING THE SUMMER OFF. I WOULD LIKE TO KNOW WHAT HAPPENS TO THE PELL GRANT LEFT AND THE LOANS ABOUT 1500 APIECE. I DO NOT SEE IT ON MY SCHOOLS WEBSITE. I DO NOT WANT TO BE HELD LIABLE FOR MONEY NEVER RECEIVED BY ME. [link] [comments]  |
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