Comments on: What's the most amount of money you can borrow for College Student loans?

By: Geo

Geo — Wed, 20 May 2009 09:10:59 +0000

The ridiculously low amount available through Stafford Loans are exactly why private student loan business is booming. $3500 won't cover many schools these days. I would suggest http://www.thinkfinancial.com
You can borrow up to $40,000 per year with them and it is very quick and easy to apply. Good Luck.
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By: Rick

Rick — Wed, 20 May 2009 08:58:59 +0000

That pretty much covers it. The Stafford loan is $3500 in year 1, $4500 year 2, and $5500 years 3 & 4. Plus loan is for parents, there is also the Perkins loan, which should be on your financial award letter.

After that, private loans through banks or sometimes the colleges themselves fill the gaps.

It ain't easy…. Good luck!
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By: Courtney H

Courtney H — Wed, 20 May 2009 08:48:59 +0000

You can borrow up to the cost of attendance at your school minus other aid (stafford loans, grants, scholarships, work study, etc.). Check with your financial aid office for lenders they recommend for private/alternative loans. They are your best source for information.

Good luck!
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I work in financial aid.

By: Yellow Tail

Yellow Tail — Wed, 20 May 2009 08:16:59 +0000

A bank loan based on equity in home.
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