OT: How long to get a student loan?

[TuVu]

[quote=sd_bear]She can fill out the FAFSA at anytime (online application makes it very easy) and they’ll respond to her within days for what loan amounts she can qualify for.

Just one week we did this with my fiance for her grad school loans.[/quote]
Sd_bear,

Thanks. We do Fafsa every year. We always get a fairly high “Expected Family Contribution” because they will not allow you to talk about medical bills, etc. We don’t know what to do.

[TuVu]

[quote=nostradamus]I got scholarships for tuition but got a few loans back then for other bills. The loan applications were all referred to me by the academic adviser and all of the applications came with clear instructions, including deadlines. So I think the first point of contact should be her academic adviser.[/quote]
nostra–Thanks. I know what you say is true, but this particular med school in the Bay Area is unresponsive…or at least our kid says they are. Man, we are not gonna put ourselves on the line anymore…no co-signing, no HELOC, no nothing. Right out of her BSN she’s gonna be making more than either one of us make on our own. Sorry for the rant. This is a private college, by the way.

[TuVu]

[quote=nostradamus]I got scholarships for tuition but got a few loans back then for other bills. The loan applications were all referred to me by the academic adviser and all of the applications came with clear instructions, including deadlines. So I think the first point of contact should be her academic adviser.[/quote]
nostra–Thanks. I know what you say is true, but this particular med school in the Bay Area is unresponsive…or at least our kid says they are. Man, we are not gonna put ourselves on the line anymore…no co-signing, no HELOC, no nothing. Right out of her BSN she’s gonna be making more than either one of us make on our own. Sorry for the rant. This is a private college, by the way.

[TuVu]

[quote=nostradamus]I got scholarships for tuition but got a few loans back then for other bills. The loan applications were all referred to me by the academic adviser and all of the applications came with clear instructions, including deadlines. So I think the first point of contact should be her academic adviser.[/quote]
nostra–Thanks. I know what you say is true, but this particular med school in the Bay Area is unresponsive…or at least our kid says they are. Man, we are not gonna put ourselves on the line anymore…no co-signing, no HELOC, no nothing. Right out of her BSN she’s gonna be making more than either one of us make on our own. Sorry for the rant. This is a private college, by the way.

[TuVu]

[quote=nostradamus]I got scholarships for tuition but got a few loans back then for other bills. The loan applications were all referred to me by the academic adviser and all of the applications came with clear instructions, including deadlines. So I think the first point of contact should be her academic adviser.[/quote]
nostra–Thanks. I know what you say is true, but this particular med school in the Bay Area is unresponsive…or at least our kid says they are. Man, we are not gonna put ourselves on the line anymore…no co-signing, no HELOC, no nothing. Right out of her BSN she’s gonna be making more than either one of us make on our own. Sorry for the rant. This is a private college, by the way.

[TuVu]

[quote=nostradamus]I got scholarships for tuition but got a few loans back then for other bills. The loan applications were all referred to me by the academic adviser and all of the applications came with clear instructions, including deadlines. So I think the first point of contact should be her academic adviser.[/quote]
nostra–Thanks. I know what you say is true, but this particular med school in the Bay Area is unresponsive…or at least our kid says they are. Man, we are not gonna put ourselves on the line anymore…no co-signing, no HELOC, no nothing. Right out of her BSN she’s gonna be making more than either one of us make on our own. Sorry for the rant. This is a private college, by the way.

[Anonymous]

TuVu, her academic advisor will refer her to the financial aid office, where she will be assigned a financial aid officer to work with most likely.

She can get student loans. There is no need for you and your husband to tap into HELOC’s, or whatever to foot the bill.

[Anonymous]

TuVu, her academic advisor will refer her to the financial aid office, where she will be assigned a financial aid officer to work with most likely.

She can get student loans. There is no need for you and your husband to tap into HELOC’s, or whatever to foot the bill.

[Anonymous]

TuVu, her academic advisor will refer her to the financial aid office, where she will be assigned a financial aid officer to work with most likely.

She can get student loans. There is no need for you and your husband to tap into HELOC’s, or whatever to foot the bill.

[Anonymous]

TuVu, her academic advisor will refer her to the financial aid office, where she will be assigned a financial aid officer to work with most likely.

She can get student loans. There is no need for you and your husband to tap into HELOC’s, or whatever to foot the bill.

[Anonymous]

TuVu, her academic advisor will refer her to the financial aid office, where she will be assigned a financial aid officer to work with most likely.

She can get student loans. There is no need for you and your husband to tap into HELOC’s, or whatever to foot the bill.

[montana]

You need to fill out a FAFSA as soon as possible. The process is painless and everything is electronic. Within a few days, the school will have the information and you will be able to proceed with an application for the student loans. With a high EFC, you just won’t be able to get any unsubsidized loans. I don’t think the banks look at a declared major, but what they really prefer is a Title IV school (no trade schools, etc). I’m unsure how long the “verification” process takes for the banks, but just call the financial aid office to understand the process flow for that school.

I would try to secure funding as soon as possible as there have been a number of lenders in the FFEL program who are not offering loans as the government subsidies have decreased, lowering the overall value (in addition to the fact that there are no capital markets for SL paper right now). If the school uses the Federal Direct loan program, you should be fine.

[montana]

You need to fill out a FAFSA as soon as possible. The process is painless and everything is electronic. Within a few days, the school will have the information and you will be able to proceed with an application for the student loans. With a high EFC, you just won’t be able to get any unsubsidized loans. I don’t think the banks look at a declared major, but what they really prefer is a Title IV school (no trade schools, etc). I’m unsure how long the “verification” process takes for the banks, but just call the financial aid office to understand the process flow for that school.

I would try to secure funding as soon as possible as there have been a number of lenders in the FFEL program who are not offering loans as the government subsidies have decreased, lowering the overall value (in addition to the fact that there are no capital markets for SL paper right now). If the school uses the Federal Direct loan program, you should be fine.

[montana]

You need to fill out a FAFSA as soon as possible. The process is painless and everything is electronic. Within a few days, the school will have the information and you will be able to proceed with an application for the student loans. With a high EFC, you just won’t be able to get any unsubsidized loans. I don’t think the banks look at a declared major, but what they really prefer is a Title IV school (no trade schools, etc). I’m unsure how long the “verification” process takes for the banks, but just call the financial aid office to understand the process flow for that school.

I would try to secure funding as soon as possible as there have been a number of lenders in the FFEL program who are not offering loans as the government subsidies have decreased, lowering the overall value (in addition to the fact that there are no capital markets for SL paper right now). If the school uses the Federal Direct loan program, you should be fine.

[montana]

You need to fill out a FAFSA as soon as possible. The process is painless and everything is electronic. Within a few days, the school will have the information and you will be able to proceed with an application for the student loans. With a high EFC, you just won’t be able to get any unsubsidized loans. I don’t think the banks look at a declared major, but what they really prefer is a Title IV school (no trade schools, etc). I’m unsure how long the “verification” process takes for the banks, but just call the financial aid office to understand the process flow for that school.

I would try to secure funding as soon as possible as there have been a number of lenders in the FFEL program who are not offering loans as the government subsidies have decreased, lowering the overall value (in addition to the fact that there are no capital markets for SL paper right now). If the school uses the Federal Direct loan program, you should be fine.

[Author]

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