Tag Archive | "sallie mae"

Please Help: The Over-seas University I Want To Study Through Doesn’t Offer Student Loans?


They are located in Australia and do not offer any financial aid for non-Australian residents.
They are not affiliated with FAFSA, or Sallie Mae.
Does anyone know of any private loan options I could try?

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Sen. Durbin: Why Is It Ok With Him To Let Private Lenders Get Cheated, But Not The Government?


“Roughly 85 percent of outstanding student loan debt is owed to the federal government. The remaining 15 percent that’s counted as private student debt is owed to various non-federal lenders, ranging from banks to loan companies like Sallie Mae Corp. to non-profits and state-affiliated agencies (under the Durbin bill, loans from any government-funded entity still wouldn’t be dischargeable, only those from truly private lenders).”
This story about student loans was in the paper today (Peoria Journal Star)

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Should I Apply For In-school Deferment?


Here’s my situation…
I am taking courses at a community college for an RN program with an affiliated school of nursing
I have one more semester of regular classes before I can start my clinical/nursing courses…
Until now I have received a full pell grant due to my parents lack of income. But now I file as independent, and I only qualify for $450 per semester. I want to pay this last semester out of pocket and save taking out loans for once I get to the Nursing school it’s self.
I currently have 3 loans from a previous school out threw sallie mae for around $6500 all together and I am making the minimum monthly payments. I don’t want to stop paying them as I want to pay them off as soon as possible but I also want to save money….
sooo do you think I should apply for in school deferment and just pay the interest or just I just keep it as it is….
would I technically save money in the long run if I apply for deferment and make payments anyway or does it even matter>
any advice helps thanks!

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