Dec
16
BFM4L asked:
I have been disqualified for financial aid for this upcoming semester of school. So I have been looking at a collegiate loan from my local bank. The loan requires certification from my school that the loan amounts I ask for are correct for my tuition and fees. Will it be possible for me to get a Collegiate Loan or is this considered financial aid? If this is considered financial aid, what are my other options for getting money to pay for my loans? Please no spam posts…
Sorry, that last word should say tuition, rather than loans.
SHIELA
I have been disqualified for financial aid for this upcoming semester of school. So I have been looking at a collegiate loan from my local bank. The loan requires certification from my school that the loan amounts I ask for are correct for my tuition and fees. Will it be possible for me to get a Collegiate Loan or is this considered financial aid? If this is considered financial aid, what are my other options for getting money to pay for my loans? Please no spam posts…
Sorry, that last word should say tuition, rather than loans.
SHIELA
Comments
3 Responses to “Is a bank student loan different from financial aid?”
no is different because bank student loan is private with a high interest rate and u repay back. U dont have to repay financial aid from school
The federal stafford loans through banks follow the federal guidelines and will also must be repaid at sometime for financial aid it is money that must be repaid and no anytime.
The federal guidelines and the only other options you to repay the federal guidelines and the loans are more often based on your prior credit history stafford loans have additional fees such as opposed to grant or graduate the loan.
scholarships.onlinewebshop.net - it has detailed info how to apply for financial aid and scholarships to get more cash.