14 Oct, 2009
I have a total of about $27,000 in private student loans through Sallie Mae with a 9% interest rate . Is it possible to find a federal loan to cover the previous amount I’ve borrowed and close my Sallie Mae account? I am still in school (I’m a junior) at the University of Minnesota and will need another year of financial aid..
3 Oct, 2009
I’ve been through Sallie Mae with the tuition answer loan before, and I am leaning towards them. But with this economy, is taking out a private student loan risky, and can I expect the interest rates to be higher?
22 Sep, 2009
Just curious about what happens, I have a $50,000 private student loan out and it was cosigned by my grandmother so I could recieve a much better interest rate. I am wondering what happens when she passes away? Assuming I make my payments and my account is in good standing, they wouldnt take it away from her retirement accounts or any savings she has right? Any details are appreciated.
5 Sep, 2009
Hi guys,
I need to take out a private loan for about 20k for tuition, books, housing, new laptop, etc. Only problem is all of the websites and banks that offer private student loans send them directly to the financial aid office at my school, and my school does not disburse the money until August (3 months from now) and I need the money ASAP. Anyone know any reliable websites that send the money directly to the student or other solutions? Thanks!