Student loan?

Ok i have completed the fasfa and everything is paid for, but i need a student loan for some personal needs and i dont have a co-signer at all and i am unemployed at the moment and i talked 2 my financial aide guy and he said i can only get 3500 a year in student loans... Is there a place out there where i can get a student loan with out a co-signer?!?!?

Student loan?
The $3500 you are being offered sounds like it is part of the Stafford federal loan program. This program requires no cosigner and no credit check.





First, you need to ask yourself if you need more than $3500. If no, go with this program since all payments are deferred until after you graduate or leave school. If you do need more, go ahead and do the $3500 since the interest rate and fees will be less than that of a private loan, and then look into a private loan for the balance.





All private student loan lenders require a credit check. If you don't meet their minimum guidelines to allow you to apply on your own then you will be required to provide a credit worthy cosigner. There is no one place where you can go to see what student loan lender will allow you to apply without a cosigner. I suggest doing a search for student loan lenders and then just start going to the sites. Many offer a preapproval process where you can submit your information and they will do a quick check to see if a cosigner is required. If it is, move on to the next one and see what happens with it. You'll just need to do this until you find one that is willing to work only with you and one that you want to work with. Things to remember...if you apply on your own your interest rate and fees could be higher than if you apply with a cosigner. Also, read the fine print and make sure what you think you are getting is what you are actually getting. Finally, be careful who you work with. There have been a number of new companies pop up over night trying to make a fast buck. Remember...if it sounds to good to be true it probably is...
Reply:I filled out all of that Fasa stuff and apparently I am too rich to get any loans or grants...I work 40 hrs a week and we scrap by...so I am probably not going to be able to finish my RN degree...I wish I could tell you what to do.
Reply:If you completed the FAFSA and can get a student loan, you definitely want to get a Federal Perkins Loan. You don't need a cosigner, it has a low interest rate, and the government will help you pay it back as long as you stay enrolled in school. Find out more here:


http://www.studentfinancedomain.com/stud...





The next loan you can get without a cosigner is a Subsidized Stafford Loan.It offers many of the same benefits as the Perkins Loan. More here:


http://www.studentfinancedomain.com/stud...





You really shouldn't try to get a private loan because:


a) You will need a cosigner with good credit


b) They have high interest rates





If you want to try for free money (which is always good), look at these sites for grants and scholarships:


http://www.fedmoney.org/


http://apps.collegeboard.com/cbsearch_ss...


http://www.freegovmoney.net/





Good luck!
Reply:If you maxed out your Stafford money then the only possible option for more is a private student loan. Unfortunately, these are credit based and so with no job or credit, you will need a co-signer. I would suggest trying to ask another family member or close family friend to co-sign for the extra and just make sure that you take only what you need and pay that loan off first as private student loans have higher interest rates.


The best thing to do is compare the different private lenders out there, which can be done at http://www.finaid.org/loans/privatestude...


Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The application process is very quick and easy, and the check is sent directly to you so you can use the money for whatever you want. The limits are much higher with private student loans, up to $40,000 per year. You can find out more information about a Think loan at http://www.thinkfinancial.com . Good Luck.
Reply:You could end up taking a loan from your current bank. Some banks do not need a co-signer on the loan.