Financial Aid >> Loans >> No Co-signer, Bad Credit

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No Co-signer, Bad Credit

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Posted 7 months ago

 

 I have been accepted at a private university and I received a pell grant and a stafford loan. Unfortunately I am still left with tuition costs, room and board and housing. My mom applied for a Plus loan but this was not approved as she is not credit worthy. I have tried applying for several other private loans but majority of them require a co-signer that is credit-worthy. Is there something that  is being overlooked? Do I have any alternatives? Someone please help!

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Rate This | Posted 7 months ago

 

Sadika16 says ...



 I have been accepted at a private university and I received a pell grant and a stafford loan. Unfortunately I am still left with tuition costs, room and board and housing. My mom applied for a Plus loan but this was not approved as she is not credit worthy. I have tried applying for several other private loans but majority of them require a co-signer that is credit-worthy. Is there something that  is being overlooked? Do I have any alternatives? Someone please help!



Talk to the financial aid office at your school and let them know that your mother's PLUS loan was denied. They will make you eligible for increased unsubsidized Stafford loan limits.

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Rate This | Posted 7 months ago

 

Thanks I have spoken to them and they have assured me that I will be given an additional 4,000, unfortunately that still does not cut it for me. I inquired about the Perkins loan but being a private school they don't take part  in this program.


I still need additional funding for housing and books. Do you have any suggestions?

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Rate This | Posted 7 months ago

 

I'm in the same situation and time is running out.  isn't there anything else we can do?  My mom got a Plus loan for my twin sister, but can't get one for me. Why is that?

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Rate This | Posted 7 months ago

 

Im in the same situation, my financial aid office said they had no answers,but to get a co signer.That didnt help,since I vs already done that and been denied.They dont have time for Q/A.They get irritated with my calls,and dont take the time to explain anything.This is the first time for me and my Mom whos trying to help.We know nothing,so every page turned is a new one.


 

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Rate This | Posted 6 months ago

 

NullN570331,


I'm lucky that the people at the finicnail aid office at my school were very helpful, but we had to call them about five or seven times before the gave me a perkins loan to help cut what i still owed in half. now i just have to come up with  a third of it every three months.  does your school have a payment plan? that might help. but you should keep calling until they find you some money. call your department head too and see if they can find you some money.  good luck!

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Rate This | Posted 6 months ago

 

Also try Salliemae. they might help more. but you have to call a lot to make sure stuff is getting done.

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Rate This | Posted 6 months ago

 

I am in the same state.......but of course the gov't doesnt care...i would suggest to trying every possible option......the army, apply for grants too.