« Finding Student Loans To Fund Your College Education | Main | Student Loan Information »
How much can I take out in student loans?
By admin | November 6, 2008
I color outside the lines asked:
I’m currently working on my Bachelor’s of Science degree, and I’m just under halfway there. Unfortunately, my parents have both passed away, so I rely entirely on grants and student loans to foot my tuition bill and living expenses. I also work part time, but it’s not enough to cover living expenses alone while going to school. My expected annual income after graduation is in the 38-40K range. I’ve already taken out over 10K in loans, and like I said, I still have probably another 3 years at a major university to go. How much can I take out in student loans and still be able to pay it all back?
Justin
I’m currently working on my Bachelor’s of Science degree, and I’m just under halfway there. Unfortunately, my parents have both passed away, so I rely entirely on grants and student loans to foot my tuition bill and living expenses. I also work part time, but it’s not enough to cover living expenses alone while going to school. My expected annual income after graduation is in the 38-40K range. I’ve already taken out over 10K in loans, and like I said, I still have probably another 3 years at a major university to go. How much can I take out in student loans and still be able to pay it all back?
Justin
Topics: student loans |
November 9th, 2008 at 9:02 am
Whatever you get approved for
November 9th, 2008 at 5:52 pm
the best way is to go to the bank they will help you in how much you can get and how/when you have to pay back… some banks let you pay back when you get you first permanent job and others only let u pay the interest and in 10 years time the large amount of money… best of luck..
November 12th, 2008 at 11:50 pm
The payments call your loan provider they are established in your career raise the first yearsthen assuming you can pay.
November 14th, 2008 at 5:37 am
The stafford loan will cover up to 5500 per semester.
November 14th, 2008 at 10:34 am
it depends on your state,
i think you try to cut back a little, because 10k and 3years more is going be a lot to repay on those super low rates
November 15th, 2008 at 10:04 am
For scholarships sorry about your parents.