Can I get a hundred thousand dollar student loan?
Ok so I am 16 and I am already thinking of college/university already. I was wondering if I will be able to get 100 000 student loan so I can go to FIT in New york (college). I am from Canada and I am with Royal Bank. My parents do have great credit if that matters…PLEASE HELP ME
Ask your father this question. He knows his finances and his bank better than you. If he rolls out of his chair and onto the floor shaking in laughter, the answer is probably no.
When someone goes to college, they borrow the amount by the YEAR, not for the entire 4 year program. So if you find a school that is 10,000 a year for 4 years you would borrow 10,000. Not the whole 40,000 at once.
