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Student Loans! Posted on 03-29-2005
Karamel_Dyme

what would u do if these were your options: ---going to your dream school and borrowing lots of $$$$ (Spelman) ----OR---- ---going to a school your parents can afford even though you'll probably go there for almost free (LSU) is it worth going into debt just to go to the school of your choice when you know you'll probably be borrowing $$$$ for med. school someday? help! Brittany
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quannicab from Spring Hill, TN replied on 03-30-2005 12:55AM [Reply]

WHAT SHOULD I DO....I THINK IM GOING TO HAVE TO TAKE OUT A LOAN ANYWAY CAUSE MY MOTHER MAKES TO MUCH $$$$ (I THOUGHT THAT WAS GOOD) I RECIEVED A LETTER IN THE MAIL FROM SOUTHERN ABOUT MY FINANCIAL AID AND IT SAID: (BUDGET)$17,703 - (EFC)$5,229 =(UNMET NEED)$12,474 - (AWARDED FUNDS)$8,425 = (REMAINING NEED)$4,049 FEDERAL WORKSTUDY - $1,8 0 0 PARENT LOAN(PLUS) - $4000 FEDERAL STAFFORD LOAN SUB - $2625 IS THAT GOOD OR BAD? I DONT REALLY UNDERSTAND IT. MY MOM WONT KNOW EITHER. IM STILL WAITING ON FINANCIAL AID FROM OTHER SCHOOLS TO COMPARE
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ThatClassyGirl216 replied on 03-30-2005 01:06AM [Reply]
quannicab wrote:
(BUDGET)$17,703 - (EFC)$5,229 =(UNMET NEED)$12,474 - (AWARDED FUNDS)$8,425 = (REMAINING NEED)$4,049 FEDERAL WORKSTUDY - $1,8 0 0 PARENT LOAN(PLUS) - $4000 FEDERAL STAFFORD LOAN SUB - $2625 IS THAT GOOD OR BAD? I DONT REALLY UNDERSTAND IT. MY MOM WONT KNOW EITHER. IM STILL WAITING ON FINANCIAL AID FROM OTHER SCHOOLS TO COMPARE
Wait on the other schools unless you REALLY wanna go to Southern. Black schools are notorious for having horrible financial aid unless ur a freakin genius and get scholarships. Basically they gave u $1800 and really u have to work for that. those PLUS loans, watch out for those...your parents start paying for that as soon as ur freshman year is over. Unless you REALLY wanna go to Southern and don't mind taking out a bunch of loans, look at some other schools as well. Ask Southern if they have other options of payments (such as installment payments which allow u to spread tuition out over the semester instead of paying it all at one time)
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quannicab from Spring Hill, TN replied on 03-30-2005 01:16AM [Reply]

WELL THEY WANT ME TO REPLY WITHIN TWO WEEKS AND I HAVE TO CHECK THE BOXES TO WHICH AWARDS I WANT. I DONT MIND WORK STUDY. BUT WHEN I FIRST GOT THE LETTER I WAS HAPPY AS HELL AND I KINDA ALREADY CHECKED THE BOXES TO RECIEVE ALL THE AWARDS :? (YOU CAN TELL IM READY TO GO TO COLLEGE) BUT I HAVENT SENT IT OFF YET... BUT SHOULDNT I HAVE TO SEND IT OFF JUST IN CASE..BUT I DONT UNDERSTAND IM GOING TO HAVE TO TAKE OUT A LOAN ANYWAY PROBABLY, BUT I DONT WANT ONE THAT IM GOING TO HAVE TO START PAYING AS SOON AS FRESHMAN YEAR IS UP WHATS THE BEST LOANS TO GET?? IM JUST HAPPY IM GOING TO COLLEGE.
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replied on 03-30-2005 01:38AM [Reply]
Them loans is a **** so i say go to LSU
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Karamel_Dyme replied on 03-30-2005 02:45AM [Reply]
yeah i think i'm starting to lean towards lsu (unfortunately). UNO (university of new orleans) offered me a nice little scholarship too but i haven't responded yet cuz i'm still waiting on spelman....or the gates millennium (i can't spell) scholarship. my cousin got that and goes to xavier for free...must be nice
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Hahaha replied on 03-30-2005 08:19PM [Reply]
you better go to the dayum school that's giving you the most dayum money! i'm serious man i did the same muthaf#cking thing you're talking about doing... don't you be taking out no dayum loans period!! wtf happens if you decide spelman or college ain't ya thang?? ya **** gonna end up with a 50 dollar bill each f#cking month like me...you better go to where you get the most dayum money....dayum i wish i had listened to that advice...i'd be at FAMU knee-deep in some brett right now...
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replied on 03-30-2005 08:29PM [Reply]
Lol. Yeah, I agree. I want to go to Howard, and I 100% would be if i got just 1 point higher on my ACT because they would have given me a full scholarship... -sigh-. I gotta take it one more time and if i don't get that 26 i'm going to have to go to a PWI for my first year b/c they're kicking out 13 G's. I just don't wanna be in a steep debt when i get out of school so i'd say go to LSU.
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replied on 03-31-2005 12:53AM [Reply]
I was in the SAME predicment last year b4 going to school. I got accepted to Tuskegee, Howard, and Southern Il (the school Tiph goes 2). My mom wanted me to go to Southern IL and stay instate, but i didnt wanna stay instate. Tuskegee gave me the most money,Howard the less. I really didn't know 2 much about the Tuskegee if I did i wouldn't came here. But to make a long story short I hate Tuskegee and im transferrin to Howard (my dream school) in the fall, and takin out loans. Yea i kno its gonna be hell payin for it but I don't wanna be at school just cause it was cheaper and hate it. I rather enjoy myself and plus Howard is a waaaaaaaay better school.
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Thoroughly_Confused replied on 03-31-2005 02:29AM [Reply]
well free is the only reason why i am at NSU right now, so u know what my answer is
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