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Doubting Thomas asked:
I want to go to a 6 month HVAC trade school. School costs $11,000. I want about $16,000 total so I can cover my living expenses. The school doesn’t have enough hours to qualify for FASA or grants. They offer a Sallie Mae Career Training Loan that I can take out through the school. I’m confused, though. Since this is a direct “private” (non-goverment) loan, should I shop around for a lower interest lown and where can I since there are SO many? I want to defer payment until 6 months after I graduate. I have good credit, but am carrying about $20,000 in 6% fixed credit card debt. I’ll only be able to work part time while going to school so I need the extra $5000 in case to cover my bills. I need direction. Sally Mae or who and how?
Sphere: Related ContentI want to go to a 6 month HVAC trade school. School costs $11,000. I want about $16,000 total so I can cover my living expenses. The school doesn’t have enough hours to qualify for FASA or grants. They offer a Sallie Mae Career Training Loan that I can take out through the school. I’m confused, though. Since this is a direct “private” (non-goverment) loan, should I shop around for a lower interest lown and where can I since there are SO many? I want to defer payment until 6 months after I graduate. I have good credit, but am carrying about $20,000 in 6% fixed credit card debt. I’ll only be able to work part time while going to school so I need the extra $5000 in case to cover my bills. I need direction. Sally Mae or who and how?
Tags: Career Training, Credit Card Debt, Credit Debt, Direct Loan, Extra, Fasa, Goverment Loan, Grants, Living Expenses, Lown, Part Time, Sallie Mae, Sally Mae, School Doesn, Student Loan
July 17th, 2008 at 9:45 am
If you have been looking for some great ideas, Here is the place you should have a look.http://studentloan.online-helpers.info/consolidate-loan-student.html
July 17th, 2008 at 4:21 pm
If this is a private student loan not funded by the government, then yes, by all means shop the loan around to see what you can do as far as interest rates and amounts.
I would be surprised if you can get enough money to live off of though…generally if the school isn’t a community college or university situation most loan programs only offer the costs of tuition.
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