I am trying to get finnacial help to get my grandaughter through college. Any soutions? thanks?
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Secondly…talk to the college’s Financial Aid Officer, or the granddaughter may have too. May schools have preferred lenders which can really help by having lower rates.
Good luck!
Here are the steps she needs to take:
1) She should first fill out the FAFSA. This will determine if she is eligible for financial aid. Go here:
http://www.fafsa.ed.gov/
2) Once she is eligible for aid, choose a government-based student loan. The best loan to get is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don’t need a cosigner or good credit for it. For more info go here:
http://www.studentfinancedomain.com/student_loans/perkins_student_loans.aspx
3) The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Learn more here:
http://www.studentfinancedomain.com/student_loans/subsidized_stafford_loan.aspx
4)You or her parents can also help her with a Parent Plus Loan. You can find out more here:
http://www.studentfinancedomain.com/student_loans/federal_plus_loans.aspx
5) She can also try to get a grant or scholarship, which is free money that she won’t have to pay back. Look here:
http://apps.collegeboard.com/cbsearch_ss/welcome.jsp
http://www.freegovmoney.net/
http://www.educationplanner.com/education_planner/paying_article.asp?sponsor=2859&articleName=Grants_and_Scholarships
http://www.studentawards.com/
http://www.college-scholarships.com/
Good luck!
http://fafsa.us/index.htm
You may apply and be approved online. Have your tax records handy.