What non-government student loans can you get under 18 with no cosigner?
I graduated highschool 1.5 years early, so I will not be 18 until November freshman year of college (Fall 2007). My cost of attendance, etc. is a little over $30,000 per year. After all the government loans, grants, and scholarships, I still need about $10,000. My parents cannot afford to contribute anything, and they do not have good enough credit to cosign (and wouldn't anyways). I am working but there is no way I will make that kind of money. I keep recieving things in the mail about private lenders like campusdoor.com or even banks, but they all require you to be 18! This is very important to me, I need to go to college THIS FALL. I will call the financial aid office too, but if any of you have ideas i would LOVE to hear them.
Thanks, Your answers mean a lot to me!
.Natasha.
Natasha, this is one of those terribly unfortunate situations with no good answer. You sound like a really responsible person who absolutely should be in college and working towards your degree. You are being penalized for graduating early and being a hard-working, intelligent person. There is most likely no lender that will let someone under 18 take out a loan with no co-signer.
Having said that, i think you need to try your hardest to get a relative or close family friend to co-sign for the loan. I would suggest taking some time to write up some kind of contract or at least, think of how to approach these people in a way which will make them see just how important it is to your future. Co-signing for a responsible person is not as dangerous as most people think. Stick with it and find a way, you are exactly the type of person that colleges and companies need.
Good Luck and if you find someone that agrees and will co-sign, check out http://www.thinkfinancial.com for a private student loan.
This entry was posted on Wednesday, November 12th, 2008 at 12:00 am and is filed under government student loans. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.
sry natasha no loans for you until you're over 18
References :
November 22nd, 2008 at 1:52 pm
Well in most states you have to be 18 to sign any legal document or contract — so you probably won't get a loan before that however you should be able get into a payment plan with your school — and when you turn 18 work on the loan.
References :
November 22nd, 2008 at 2:42 pm
Yes !
There you go : http://index-go.com/student-loans-finance.asp
Also take a look there, it may help you : http://index-go.com/improve-credit-score-get-out-of-debts-fast.asp
Good luck !
References :
http://index-go.com/improve-credit-score-get-out-of-debts-fast.asp
http://index-go.com/student-loans-finance.asp
November 22nd, 2008 at 3:10 pm
Natasha, this is one of those terribly unfortunate situations with no good answer. You sound like a really responsible person who absolutely should be in college and working towards your degree. You are being penalized for graduating early and being a hard-working, intelligent person. There is most likely no lender that will let someone under 18 take out a loan with no co-signer.
Having said that, i think you need to try your hardest to get a relative or close family friend to co-sign for the loan. I would suggest taking some time to write up some kind of contract or at least, think of how to approach these people in a way which will make them see just how important it is to your future. Co-signing for a responsible person is not as dangerous as most people think. Stick with it and find a way, you are exactly the type of person that colleges and companies need.
Good Luck and if you find someone that agrees and will co-sign, check out http://www.thinkfinancial.com for a private student loan.
References :
November 22nd, 2008 at 3:31 pm