A Student's Viewpoint on Student Loans and Financial Aid


As a senior in high school I had a very exciting road to go down in my near future: college. I had been offered several scholarships for both singing and the dramatic arts from several different institutions, but I had finally selected the one that was right for me. I was the first one in my close and extended family to attend college so no one in my family knew how all of the financial processes worked and I began to get a little concerned when I saw that my scholarships left a bit of a gap that I would have difficulty filling if I went to school full time. I saw my guidance counselor at school and she referred me to the financial aid department at the college itself. I spoke to a very helpful lady there and she explained that I would need to fill out a FASFA form and send it in. I sent it in and got it back with a full description of all the aid I was being given. It included my scholarships as well, and took into my account that my parents would not be able to contribute to my college funding. When I looked I was relieved to see that there was enough aid there to cover all of my college expenses including food, books, tuition and lodging.

Payday Cash Loans 24/7, Sameday Payday Quick Cash Now 1000, free cash loans without bank account,

As I read down the long list of items, I saw scholarships, grants and at the bottom, two small loans. I asked my financial aid rep about them and she informed that they were student loans. These loans had a low interest rate of 3.5% that would not start being added until after I graduated. I also would not have to start paying them back until sixth months after I graduated, to give me time to find a job. If I had trouble finding a job or were to become unemployed, I could opt to put my loans on hold or forbearance for a year or until I found a job. I was a little apprehensive, but I decided to bite the bullet and sign the necessary forms to get my financial aid finalized so I could register for my first semester. I had to fill out my FAFSA every year to re-apply and I had to take out new student loans every year. When I graduated I was able to consolidate all of the loans into one large loan with a low interest rate. My payments were fairly low and I could pay them on line, which made it really easy. I did have some times where I had to put the loans on consolidation, but that just involved filling out a little paperwork and sending it in. Overall, my financial aid experience was a good one, and I was grateful for the scholarships, grants and even the loans. The loans were drawn up in such as way that the interest rates were low and the payments were manageable.

payday loan

$ 100 - $ 1500 Cash Advance Online. No Need Your Credit Score. 99% Approval. Apply Now!

Rating of payday loan



Get Online Application at online payday loans.

Related Posts

Post a Comment

Subscribe Our Newsletter