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-   -   to anyone who knos shit about student loan and shit....... (http://community.rapverse.com/showthread.php?t=205967)

J. Luth 08-25-05 12:09 AM

to anyone who knos shit about student loan and shit.......
 
yea, so I was jus wonderin'. I been checkin' this shit out. And if anyone can help me understand this shit better. Like if I wanna loan an amount of money to pay for college, how would I kno if I'm eligible to take that amount? and also, how long will i have to pay them back?

Lay-z 08-25-05 12:22 AM

Umm..they will tell you..it all depends on your income..<that will determine how much they give you...and i think it is ten years that you have to pay them back the money...

J. Luth 08-25-05 12:26 AM

Quote:
Originally Posted by .Extract.
Umm..they will tell you..it all depends on your income..<that will determine how much they give you...and i think it is ten years that you have to pay them back the money...

wait, I thought financial aid depended on your family income? Cuz I looked @ some shit, and it said that for student loans, it's good for people who's family has a good family income (as I do). But my parents bein' gay, so I wanna do this shit by myself, and pay it off. But thanks tho. But if anyone can help me out. holla

Lay-z 08-25-05 12:28 AM

the question is do you have a job your self?..and when you fill out for it(your student loan)..do you apply for Family Student financial Aid or just a regular Student loan...

and this is wat i kno from experience....

J. Luth 08-25-05 12:38 AM

Quote:
Originally Posted by .Extract.
the question is do you have a job your self?..and when you fill out for it(your student loan)..do you apply for Family Student financial Aid or just a regular Student loan...

and this is wat i kno from experience....

oh, word, yo. And nah, I ain't have a job yet. Waitin' till I get my license. But yea, I don't kno that's why I wanna kno about this shit. My family makes good income, so I doubt they gonna let me do financial aid, so I mean I jus don't understand really how student loan works

Lay-z 08-25-05 12:46 AM

Youget money for going to school, right, you can either live on campus, or live at home, or live in your own appeatment..which i think they give you monthy money for, or something...not sure..i lived on campus..anywho...yea..if your family helps you out, they will only give you lil money and they will base your financial aid on your parents and your income from last year..

J. Luth 08-25-05 12:48 AM

Quote:
Originally Posted by .Extract.
Youget money for going to school, right, you can either live on campus, or live at home, or live in your own appeatment..which i think they give you monthy money for, or something...not sure..i lived on campus..anywho...yea..if your family helps you out, they will only give you lil money and they will base your financial aid on your parents and your income from last year..

but what if I ain't get help from my parents?

Lay-z 08-25-05 12:50 AM

then they will base it off of you....your income...and if you dont have one..umm..i think they will give you the minal, or something, until you have a job so they kno that you will pay them back sometime..

J. Luth 08-25-05 12:51 AM

Quote:
Originally Posted by .Extract.
then they will base it off of you....your income...and if you dont have one..umm..i think they will give you the minal, or something, until you have a job so they kno that you will pay them back sometime..

lol damn. shit, that sucks........ :( lmao I need to get my license soon to get a job ~_~

Lay-z 08-25-05 12:53 AM

LOL..i have gotten my Loan paid off..it took me a half of a year..:D..

J. Luth 08-25-05 12:55 AM

yea, thanks for help yo. But shit, so if I ain't have a job, they won't give me shit? lol Cuz I'd need about 17,000

Lay-z 08-25-05 12:56 AM

the minimum is 15,000 i think....

J. Luth 08-25-05 12:57 AM

oh word. atleast that'd be good enough. ask my grandma for the other 2,000. :cool:

Lay-z 08-25-05 12:58 AM

shit i just read wat you were talking about

a student loan is for school shit and thengs..

and financial aid is umm....housing and shit like that..things you need outside of school..

J. Luth 08-25-05 12:59 AM

Quote:
Originally Posted by .Extract.
shit i just read wat you were talking about

a student loan is for school shit and thengs..

and financial aid is umm....housing and shit like that..things you need outside of school..

word I need the school shit. so wait, what you all said. would that apply for student loan as well?


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