Federal Stafford loan (Should I Get One ?)

This topic was created in the Aquarius forum by cappysweetie on Thursday, August 9, 2007 and has 7 replies.

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@cappysweetie
20 Years10,000+ Posts

Okay, up until now, I've been using the money from both of my jobs to send myself through school.

Now, things are starting to become more expensive and I cannot use my pay checks amymore because its just not enough.

I know nothing about student loans because I've never needed one. Which one should I apply for?

- Subsidized Stafford Loan

- Unsubsidized Stafford Loan

- PLUS Loan

Both my counselor and advisor are gone until September, so I can't talk to them 😢

Profile picture of wheelhomies
@wheelhomies
20 Years10,000+ Posts

wow, haha, that's a lot of recommendations. my dad swears by chase but i didn't go through them.

to answer yer question notso, i'm pretty sure the lenders decide the interest rate so if you can find their diff rates that's one way you can narrow down the candidates.

Profile picture of cappysweetie
@cappysweetie
20 Years10,000+ Posts

Well, I applied for a subsized loan (thank you to everyone 🙂) But, its taking so freaking long to get it approved. My classes start Aug. 30 and they say that its been put on hold for some reason 😢 Maybe Student Aid is waiting on my gardes from this semester or maybe the winter semester?

I don't know ... I hope my grades aren't the problem.

From the winter semester, I got an A, A- A-, A-, and A-. The summer semester, received an A and a C (yeah, I know, but its still passing, that class was very hard).

So it can't be my grades, I wonder whats wrong —