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Student Loans

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Student Loans
  • ok so I did not get a lot of money for college form FASFA and my total cost of living is about 19,850 and Morrisville wants my parents to take out a 11,000 dollar loan and me to tak out loans on top of that... my question is what is the best student loan to get,  were should I get my loan, and what is the diffrene between Subsudized and Unsubsudized... and any other just general information would be nice...
     
    Thanks
    Liz
  • Ugghhhh, I feel your pain.  My eldest is heading to college this year and we didn't qualify for federal aid at all.......  We're in that tight spot where we make too much to qualify, but not enough to pay for her schooling without pinching pennies and needing loans.
     
    We applied for a student loan through Sallie Mae for my daughter, subsidized means your parents sign on to guarantee payment if I remember right. She does not have to start paying back her loan until she is employed and graduated.   We applied, as parents for a Federal Plus loan which goes along with the student loan and gets better interest rates, if I remember.
     
    Go to FastWeb.com and apply for any scholarships you can, too.  Goodluck to you.  It's terrible that school costs sooooo much now.