0
Should you take out a student loan to pay for college expenses?
Wiki User
∙ 12y ago
Not unless you have to, otherwise you are in debt as soon as you graduate and it must be repaid and will accrue interest forever. Not even a bk can erase a student loan.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can you get a student loan for living expenses without a loan for tuition?
Hey dude if want to really needed money then simply get student loans for living expenses. Because it offers instant money and allows to spend money for different purposes. And if want to know more about it them simply go through this site.
How can you find a student loan to help pay for college when you don't have your parents help to help with expenses?
The student loan company, Sallie Mae, offers student loans to just about anyone. The financial aid office at the university you're interested in attending can provide you with loan options. http://www.staffordloan.com/
What is the definition of student loan?
student loan is designed to help students pay for college tuition, books, and living expenses. It differs from other types of loans in that the interest rate is substantially lower and the repayment schedule is deferred while the student is still in school. ...
What is a direct student loan and how would you apply for one?
It is student loan provided to a student in college. When you apply for finial aid you can also apply for a student loan then, your college will have lender set up.
Do you have to pay back FAFSA money if not used for school?
If a student accepts what's called a stipend check (the amount of excess Stafford Loan money sent to the student once college expenses have been deducted) then it does count as part of the student loan. Students are responsible for paying back the entire student loan plus interest whether it was spent on educational expenses or not. It is wise to return stipend checks and decrease the amount of student loans you take out.
I have Bad credit can you get a Student loan with NO co-signer for around 12000 dollors?
The rising costs of college tuition have made it almost a necessity to apply for a student loan today. Students not only have tuition costs, but the cost of books, meals, gas, cell phones, recreation, etc. The variety of student loans enables students to take care of their varying college expenses. A student loan however, is a loan that must be repaid under specified circumstances.
Is there a personal student loan for you without a cosigner bad credit and no job?
The rising costs of college tuition have made it almost a necessity to apply for a student loan today. Students not only have tuition costs, but the cost of books, meals, gas, cell phones, recreation, etc. The variety of student loans enables students to take care of their varying college expenses. A student loan however, is a loan that must be repaid under specified circumstances.
Should I use student loan to pay for a new car loan?
As a general rule, it's a bad idea to use a student loan for anything other than educational expenses, and many lenders exclude car payments as a valid expense.
Who should get a debt consolidation loan?
Federal Student Loan Consolidation Program means combine all loan into a single pay. :Loan consolidation is the best for the student who not able to pay your fees. If any student want to continue their study and they want to take admission in top college for higher education but good college take high fee. But some time all student unable to pay your college fee then they take student loan. But after completion of education they are facing problem with pay your student loan then they require loan forgiveness or consolidation. Federal student loan consolidation is the best option to pay your all loan into single pay
What is the purpose of a private student loan?
a student loan is to help you with your college fees or to move and buy stuff for you new accomadation when you move to a new college you can get a loan over the period your in college and pay back at monthly instalments
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
What are some examples of Fixed Expenses?
Mortgage, Automobile loan, student load, insurance
