How long do they generally take to...put out? I just submitted my FAFSA (Long story), and tuition is due on the 18th...
Anyone have Stafford Loan experience?
- Thread starter blue
- Start date
Talk to your bursar. They'll most likely be able to get a status on the loan or at least work something out for you.
I don't know how long it will take you to get it but I know how long it will take me to pay mine off. I just consolidated all my loans.
Borrowing $26,000 and paying it back over 240 months will cost me about $20,000 for the interest. Around $46,000 total. Ouch. At least I have a job.
Borrowing $26,000 and paying it back over 240 months will cost me about $20,000 for the interest. Around $46,000 total. Ouch. At least I have a job.
Let's hear it for no student loans!
Hip-hip............
Hip-hip............
I think they take a little while to process, but I always did mine way ahead of time.
I still the remeber the tremendous feeling of writing a ginormous check (and killing the rest of my college savings) and telling the Stafford folks to bug off once and for all.
I still the remeber the tremendous feeling of writing a ginormous check (and killing the rest of my college savings) and telling the Stafford folks to bug off once and for all.
They take a little while to process, but if you go and see your school's bursar or the financial aid office, they can help get things expedited and may just put a hold on your bill until it comes through rather than having to get extra loans.
Sorry dude...SkaredShtles said:
Eh, it's a $1300 loan and I can get my parents to cover tuition until it comes...but yeah...jw...
I've had larger loans from bike shops. I'll be okay.Ciaran said:All I can say is PAY IT BACK!
Why are people so deadset on estudniente loans being evil? Stafford (federally backed) loans aren't huge (2600$ a year for an undergrad), and they have a fixed interest rate of MAXIMUM 8.25%...I really could not get through school and live on my own without one.
They're not evil.blue said:
It's just that debt sucks.