How do you get loans for college?

Posted by Namesplace.net Blogs on September 4th, 2010 — Posted in Loans

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I’m a sophomore and my parents are not helping me with college. I want to start thinking about how I’m going to pay for it. I don’t exactly know what you have to do to get college loans and all of that stuff. Could someone give me some info on the process please?

2 Comments »

Comment by BW

Go to fafsa.gov I believe that’s the website. Also, talk to your teachers about it, They can give you a list of scholarships you can apply for and even recommend you. My teacher is. There’s tons of ways. I would go for the scholarships before the loans though. you have to pay the loans back.

I know your trouble’s I’ve got to go it on my own as well.

Posted on September 4, 2010 at 2:11 am

Comment by C-Los

Well it’s a pretty easy idea but yet, it’s very hard to do. Your best bet is the government, go to http://www.fafsa.gov and apply there, they will do either two things 1)Give you money for college if you have low income, or 2) give you a loan.

You can try them or private lenders (I don’t recommend that) private lenders charge you high interest (about 6.2%) but you only have to pay 6 months after you leave/complete school.

But FAFSA is your best bet because they charge low interest and you really don’t owe them anything until after 6 months you complete school. Private lenders lie to you and charge you once you are in school

Posted on September 4, 2010 at 2:36 am

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