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Student Private Loan

Anne Said:

Can a Green Card holder be a co-signer for a student private loan?

We Answered:

careers.scienceontheweb.net - it provides some tips about applying to US federal and state grants for college students.

John Said:

How long will it take to get my school-certified private student loan check?

We Answered:

You actually won't see a check, they send it straight to your school's financial aid office. Any money that is left over will be reimbursed to you through your school's bursar office. (You might have to fill out a form asking for your signature to get your money back)

Clayton Said:

Is it possible to get a private student loan without a credit history or a co-signer?

We Answered:

Honestly, your answer is going to be no. You will have to have fair credit and proof of income plus decent work history or a co-signer. They will also want your savings and checking account information to put your finances under a microscope. It is a pain...I went the federal loan route. I wish you the best of luck!

Willard Said:

Which is better to apply for Federal or Private student loan?

We Answered:

The better loans will always be the federal loans. The interest rates will be better and the term and fees will be better. Some federal loans also are "subsidized" which means the government pays the interest rates on them while you are in school. In both situations the loans go to your school.

Read this book. It has a very good explination about federal student loans.
http://studentaid.ed.gov/students/attach…

Norma Said:

Why are private student loans only loan protected?

We Answered:

cause their private and only that student can only use it

Christine Said:

What happens if a student private loan cosigner passes away?

We Answered:

here is a great artice on student load consolidation that may help you;
http://beezjazz.com/2008/03/18/studen-loan-consolidation-insider/

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