No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Recently i applied for a student loan and becuase i dont have any established credit i was declined, when i tried to re apply with my mom i was also declined. Now im on verge of having to drop out of school because i dont have the money to pay for it and i dont have anyone who can cosign for me. what should i do?? who should i talk to?? i have nowhere else to turn?? can someone please advise me?? i have already taken out the federal loans that were offered, but that wasnt enough to cover the full cost. any advice would be greatly appreciated thanks.
Have you checked with the school financial aid office? They would be best qualified to help you. Sometimes they have access to things that aren't advertised.
@Anonymous wrote:Recently i applied for a student loan and becuase i dont have any established credit i was declined, when i tried to re apply with my mom i was also declined. Now im on verge of having to drop out of school because i dont have the money to pay for it and i dont have anyone who can cosign for me. what should i do?? who should i talk to?? i have nowhere else to turn?? can someone please advise me?? i have already taken out the federal loans that were offered, but that wasnt enough to cover the full cost. any advice would be greatly appreciated thanks.
What year are you in,
what is your gpa
have you failed any classes?
im in my freshman year and i currently hold all A's on blackboard. I havent established a real GPA yet since im just starting out
I'm confused if you are already in school I assume you already have loans in place, right?
What would the new loans be used to pay for?
Option 1.
Go to a community college. Many community colleges have guaranteed enrollment agreements, so after you take the rest of your freshman and sophmore classes, you can get right back into your previous school. This can save you 10-40k a year depending on where you are currently going.
Pros,
Saves lots of money up front.
Cons,
Paperwork,
might extend college by a semester if you can't get 100% equivalent classes at the CC.
Option 2.
Hunt for scholarships. They literally throw money at people. A week's work filling out applications can net you 3-10k a semester. Even if you previously were declined some scholarships, keep at it. There are so many out there, everyone that puts in the footwork will get atleast some money.
Option 3.
Do both.