Fema Employment
Student Aid question?
Hello everyone...I am a 32 year old who wants to go to school to get her nursing degree as a Registered Nurse. My husband is employed and I haven't been so lucky in finding a job. Since I never went to college, I'm thinking now might be a good time to get the ball rolling. I called my bank with questions on how to obtain a student loan to go to school. I was told that I need to fill out the application for federal student aid. Now, my question is...I obviously will not be able to work while I'm going to school because I want to go full time and we will need some extra money each month to make ends meet (food, rent, daycare, etc), so does anyone know if they loan extra money each month to make ends meet on top of money to go to school? I pretty much understand how the rest of it works in the since that I won't have to pay back the loan until I graduate, but I would like to hear some stories from others who have been or are in my same situation where one parent is going to school and you were able to get extra money to make ends meet...Any help or tips would be greatly appreciated!!! Thank you!
Public Comments
- Student loans can be obtained when you apply for college, go to the paying part and say I would like to get a loan. Then our two loans came thru Wells FArgo and we had one Sallie Mae, not sure if hers are good anymore. They will make the loans payable for the students, but if you can pay back sooner, or larger payments then that would be good for you. They work off of interest, that you pay, so if you can pay more do it. You do not need to take out a large amt of loan, if you can put up more cash on the payment time at college. Go to admissions office of your college that you will attend, they will ask on how you intend in paying and the financial aid office will take it from there. Plan ahead, know when the final bill is coming up, how much you can pay ahead. A loan at the end of 4 yrs is the pits, but it has to be paid.
- After you do the FAFSA your school will tell you how much you get in grants and if you are eligible for subsidized loans (not interest accrual until you stop school). For every year of school there is maximum amount of student loans that you can take. If you don't qualify for subsidized loans then you can take them as unsubsidized loans (interest accrues while you are in school, but you are not required to make oayments). The federal loan amounts are not that much, especially for freshmen and sophomores, they increase every year. You can go to banks and seek out private student loans, but they are hard to get and the interest can be pretty high, it would be better to avoid these if at all possible. Good Luck.
