How do student loans work 10pts!!!!!!!?
Im wanting to attend westwood, an online university, its like 37k for three years. Anyways, Can a student 18yrs+ take the loans themselves or just the parents?
Do the loans cover all tuition or part? Do you start paying loans back after graduation or while still in school?
Which is the best company to go through for a student loan?
10pts!!!
There are a billion companies out there. The best way to start is to just talk to the school’s financial aid department and see what they can direct you to. If you can qualify for gov’t subsidized loans, that’s the best (interest is better cuz the gov’t pays for part of it).
If you’re 18, you can get a loan yourself. However, you won’t have much credit so your parents may be asked to cosign (or you have to find someone to cosign).
You want to find enough loans to pay as much as possible. If you have the credit, you can get enough to pay more than the tuition. There’s also living expenses and things like that. That’s pretty expensive tuition, so you may have to get loans from more than one bank.
