Fin Aid Mailbag – 8.mov
The final installment of the Financial Aid Mailbag will answer the age old questions: How do the Federal Direct Loans work and what is the difference between PLUS Loans and Private Loans?
If you have questions financial aid, filling out the FAFSA, or how to pay for college in genera please ask our financial aid office.
So enjoy and learn more about the Fin Aid Mailbag – 8.mov
Categories: Loan Videos Tags: FAFSA, Federal Direct Loans, Financial Aid Mailbag
what does "liquidate loans" mean? Does it include "selling loans" a bank has?
Laylas Mom Asked: what does "liquidate loans" mean? Does it include "selling loans" a bank has?
Student loans are done on a yearly basis.They are not going to give you 4 years of education costs up front.If you filled out a FAFSA the government will tell you what your expected family contribution is and then give you an estimated amount of federal aid.Then your schools gives you a financial aid package based on those FAFSA results.If the government aid is not enough to cover your expenses then you may need to take out private credit based loans to pay the rest.If your credit score is below a 650 then you may very well need a co-signer.Still a private loan company will only give you 1 academic year's worth of aid and the maximum amount they give is determined by the cost of attendance determined by your school.
Categories: Loan Questions Tags: FAFSA, Laylas Mom Asked
Do i need a co-signer for a student loan?
Nick Dominugez Asked: Do i need a co-signer for a student loan?
my school is going to cost 100,000 dollars for 4 years but i want to get a 180,000 dollar student loan for expanses will they approve me or now
Categories: Loan Questions Tags: FAFSA, Nick Dominugez Asked