KING OF THE REEF
New member
I am looking for a federally insured one. thanks
OT: student loans anybody know where to get one?
- Thread starter KING OF THE REEF
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KING OF THE REEF
New member
no its for my college books and expendatures
zoltetov
New member
Citi-assist I believe is the name of one. Fannie Mae is my processor for law loans. I'd talk to your school's financial aid office before doing anything. I obviously know nothing of your history, but if you haven't, you'll definitely need to file a FAFSA (or something like that) form. There's all sorts of Federal loans available too. (Stanford, Perkins, etc...) But again, i'm not sure how much you know about this and what you have or haven't done. Definitely check with your school's financial aid office though. Most (if not all) will have to be run through there.
Jason
Jason
chrisaggie
Premium Member
:lolspin:
KING OF THE REEF
New member
zurcs, i wasnt drafted in this years mlb draft like i had hoped i would have been. i am not playing college ball and doubt I ever will again. I am just to centered on getting my AA over with and moving into a 4 year school. now, if i get picke dup by a team, im still in the free agent pool so i still have shot, i would drop school after i finished the semester and go play. Chrisaggie, that isnt funny man.
Jon770, thanks for all the help, I do need to fill out a FAFSA so i guess ill go do it online now. I need cash for the fall semester'sbooks, they will be upwards of $600 for all the classes i got to take
Jon770, thanks for all the help, I do need to fill out a FAFSA so i guess ill go do it online now. I need cash for the fall semester'sbooks, they will be upwards of $600 for all the classes i got to take
Kogo
In Memoriam
www.fafsa.ed.gov
if you havnt done that, then you dont even know if you need a loan.
when you complete your Free Application for Fedral Student Aid (FAFSA) they will calculate your estimated family contribution (EFC). your aid will be based on that. from there you will recieve a student aid report (SAR) that will list any grants available ( pell grant for example), work study, and any federal loan programs you qualify for (including loan limits). if you can squeak buy with a pell grant and a job, then that is preferable. --- holding off on a 125g loan funded reef will translate into that 500g dream system later.----
student loans add up faster than you could ever imagine, so avoid them at all costs (even if it means selling your tank) but barrow what is neccasary. the first loan (if it comes to that) youll need to know about is the stafford loan. this is a federaly guaronteed loan that comes in two forms. the first is the subsidised stafford loan. this loan has an extreemly low intrest rate and is available to most collage students. this loan is good because repayment begins after you leave school or graduate and the intrest does not accrue untill you graduate or leave school. there is also the unsubsidised stafford loan, that carries a slightly higher intrest rate and begins accruing intrest imediatly, but repayment does not begin until after graduation or leaving school. this loan has limited availability, but would be listed on your SAR if you qualify. the stafford loan limits increase as you procceed through you education. in your first two years of school you will not be allowed to barrow very much. next you will hear about the perkins loan. this loan is disbursed through the actual school you attend and has a low intrest rate, though it is higher than the stafford loans. the nice thing about this loan is that there are forgivness programs for certain employment fields such as education and nursing. generaly this loan totals about $1,000 for the year if you qualify and funds are available.
if you exhaust these loans, and still need money, you may need to look into a private loan (these will not be listed on your SAR). this is where the loan buisness gets tricky. you may barrow money if you qualify based on your own creditworthyness or a credit worthy cosighner. the most common private loan is the sallie mae signature loan. it follows the same form as the unsubsidised stafford loan, where payment begins after graduation or dropout, but intrest begins accruing imediatly. with this loan you can barrow what you credit allows up to the full cost of attendance including living expenses. be carefull with this loan as the intrest rates are higher and you can end up barrowing way more than you need. sallie mae also has parent loans that begine repayment imediatly. be sure that you know the terms of any loan before sighning.
with these loan programs you should be able to fund you education just fine. there are many other programs, but these are the more common and reliable ones.
of course you wont get spit unless you fill out a FAFSA. do it online, or go back to your highschool guidance counselor or public library for a paper application.
good luck, but just as a disclaimer this post was intended as general information. you should speak to a financial aid profesional and make an educated decision based on your own research and not just one post (even though it was {hopefully} a very informative post)
if you havnt done that, then you dont even know if you need a loan.
when you complete your Free Application for Fedral Student Aid (FAFSA) they will calculate your estimated family contribution (EFC). your aid will be based on that. from there you will recieve a student aid report (SAR) that will list any grants available ( pell grant for example), work study, and any federal loan programs you qualify for (including loan limits). if you can squeak buy with a pell grant and a job, then that is preferable. --- holding off on a 125g loan funded reef will translate into that 500g dream system later.----
student loans add up faster than you could ever imagine, so avoid them at all costs (even if it means selling your tank) but barrow what is neccasary. the first loan (if it comes to that) youll need to know about is the stafford loan. this is a federaly guaronteed loan that comes in two forms. the first is the subsidised stafford loan. this loan has an extreemly low intrest rate and is available to most collage students. this loan is good because repayment begins after you leave school or graduate and the intrest does not accrue untill you graduate or leave school. there is also the unsubsidised stafford loan, that carries a slightly higher intrest rate and begins accruing intrest imediatly, but repayment does not begin until after graduation or leaving school. this loan has limited availability, but would be listed on your SAR if you qualify. the stafford loan limits increase as you procceed through you education. in your first two years of school you will not be allowed to barrow very much. next you will hear about the perkins loan. this loan is disbursed through the actual school you attend and has a low intrest rate, though it is higher than the stafford loans. the nice thing about this loan is that there are forgivness programs for certain employment fields such as education and nursing. generaly this loan totals about $1,000 for the year if you qualify and funds are available.
if you exhaust these loans, and still need money, you may need to look into a private loan (these will not be listed on your SAR). this is where the loan buisness gets tricky. you may barrow money if you qualify based on your own creditworthyness or a credit worthy cosighner. the most common private loan is the sallie mae signature loan. it follows the same form as the unsubsidised stafford loan, where payment begins after graduation or dropout, but intrest begins accruing imediatly. with this loan you can barrow what you credit allows up to the full cost of attendance including living expenses. be carefull with this loan as the intrest rates are higher and you can end up barrowing way more than you need. sallie mae also has parent loans that begine repayment imediatly. be sure that you know the terms of any loan before sighning.
with these loan programs you should be able to fund you education just fine. there are many other programs, but these are the more common and reliable ones.
of course you wont get spit unless you fill out a FAFSA. do it online, or go back to your highschool guidance counselor or public library for a paper application.
good luck, but just as a disclaimer this post was intended as general information. you should speak to a financial aid profesional and make an educated decision based on your own research and not just one post (even though it was {hopefully} a very informative post)
Scool loans are GREAT! Never pay a dime untill you graduate or drop out. I have yet to pull one, but when and if I do... IT WILL BE A LARGE AMOUNT! Oh yeah, fin. aid helps with paying for classes, but not a fish tank unless you get money back (thats without loans through fin. aid).
Oh yeah, FIU fin. aid sucks and yeah I would like to burn it. The people who work in that section are dumber then rocks I tell you.
Oh yeah, FIU fin. aid sucks and yeah I would like to burn it. The people who work in that section are dumber then rocks I tell you.
r00onmac
DVM in training
that financial advisor lady on tv (suzee or somethign like that, with the short haircut and very distinct pronunciation) said that student loans are the lowest % interest rate money you will ever find in your life, so if you get offered them.... take them all... use them to invest, buy a car, make a downpayment on a house, buy things that you need... because paying 1% on a student loan for 10 years after graduation is WAY better than paying 21% (if you are new to credit or have bad credit) on credit cards from the second you spend the money... i didnt take my first 4 student loans offered and i feel like an idiot for it... the last few i have taken and im only up to about 7k maybe 8k in loans... which are subsedized so i dont have any interest collecting up on me... and i have 2 more years of undergrad, and 2 years of grad before i HAVE to start paying them back... and even after that as long as i take 1 class a semester it defers the payment back another year...
My point is... dont freak about 10-15k in student loans that you used to improve your quality of life (fish tanks, etc) because in 5 years when you have a masters in whatever and you are making 50k plus a year 1 to 1.5k a year to put into student loans wont kill you... but not taking them and not being able to eat anything but Ramen while you are in college just might kill you...
My point is... dont freak about 10-15k in student loans that you used to improve your quality of life (fish tanks, etc) because in 5 years when you have a masters in whatever and you are making 50k plus a year 1 to 1.5k a year to put into student loans wont kill you... but not taking them and not being able to eat anything but Ramen while you are in college just might kill you...
Jon770
New member
10-15k for a Masters? Man, I should have gone to a State school.
Try $80k+++. And that's pretty low after talking to alot of people. I know a TON of friends that maxed out their federal loans at $125k, and then got private loans on top of that. I'm not saying it's not worth it - b/c it's an investment in yourself...but it's definitely not free money.
zoltetov
New member
Did I mention I owe OVER $150K?!!??!! The worst part?!?! I needed it all!!! I only wish I could've used it on things like say... a house I'll never own down here, or... a fish tank, etc...
And where's that 50K a year job? I need me one of those!!!
!!!!!!!!!! (Just in case I didn't use enough exclamation points in this post.
)
And where's that 50K a year job? I need me one of those!!!
!!!!!!!!!! (Just in case I didn't use enough exclamation points in this post.
)
chrisaggie
Premium Member
Kogo, that was some great information to help the "king" out.
KING OF THE REEF, I am sorry about laughing. I hope for the best that you work something out with school! I just got a chuckle out of the baseball side of this. I don't see you as college baseball or MLB material (was that too blunt?).
KING OF THE REEF, I am sorry about laughing. I hope for the best that you work something out with school! I just got a chuckle out of the baseball side of this. I don't see you as college baseball or MLB material (was that too blunt?).
KING OF THE REEF
New member
chris, if you were to watch me play, you would see me as an austounding athelete. as a matter of fact, i am in ft myers now for a try out fo the MINASOTA TWINS organization. I also have a few colleges interested imn me playing for them (arizona, cal st, and of course our good ol FAU). thanks for the best wishes, but like i think i stated before, the school comes first before baseball, but will gladly play for a pro organization after the semester is over.
chrisaggie
Premium Member
Phil, good luck with your baseball too. Maybe you will prove me wrong and I can watch you in the world series some day.
