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Please help..
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I probably should have put this in my other post aswell, but I didn't think about it until after -.- I'm freaking out a bit about paying for school. I didn't take my unsubsidized loan that they offered me because I thought about it and in the long run I'll end up owing doubled what I borrow.... Was I wrong? My school is so pricey... It's $41,000 something odd a yr..... I got $30,550 in financial aid though. I don't know if I can borrow from a regular bank though because of my father's debt and my mother's credit is ruined because of my father's debt. I can however borrow from my school. I don't know how much though. I got work study also which is helpful and I can also make monthly payments, but I don't know if I'll be able to make enough to pay them... I just feel like crying right now.. I feel like I need to take up some kind of hobby or craft to make extra cash... I think I need to sell pastries or something to make extra cash so all of my money can go to that... God now I'm crying. I just need advice.
Posted on 07/29/12, 09:37 pm |
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It sounds like you're feeling pretty overwhelmed with trying to figure out how to pay for college, which is pretty understandable. It also sounds like you're off to go a good start though, having $30,000 in financial aid is great! Have you considered getting a SallieMae loan? This is probably offered through your school. I have these types of loans and only have to pay interest while in school and then have a 6 month graze period that I dont have to start paying until 6 months after I graduate. 
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I'll call them and ask them about that tomorrow.... They also have a perkins loans that they said is usually offered to you, but I didn't get it. I'm still going to ask them about that too. Thank you for the suggestion :) Because I went to the bank and I can get a loan, but I have to have a cosigner.......... But it's going to be hard to find one.... My parents can't cosign for me because of their credit..
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