How Do I Get Student Loans Without My Parents Credit I’m Only 18?
Favorite Answer
Eventhough you may not have been approved for a Pell Grant w/FAFSA you should be offered a Stafford loan, unless you marked that you weren’t interested in Loans or workstudies. If you did that you need to make a correction to that question on your already submitted FAFSA. Otherwise you probably need to fill out a loan request form from your college, to let them know you want a loan. In addition to a Stafford Loan you can apply for loans from a lot of other places, like your local bank or private loan company.
1) Fill out the FAFSA. Make sure you list your self as independent if your parents are not helping you. Then you should be eligible for financial aid on your own. Go here:
http://www.fafsa.ed.gov/
2) Once you are eligible for aid, choose a government-based student loan. The best loan to get is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don’t need a cosigner or good credit for it. For more info go here:
http://www.studentfinancedomain.com/student_loans/perkins_student_loans.aspx
3) The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Learn more here:
http://www.studentfinancedomain.com/student_loans/subsidized_stafford_loan.aspx
4) You can also try to get a grant or scholarship, which is free money that you won’t have to pay back. Look here:
http://apps.collegeboard.com/cbsearch_ss/welcome.jsp
http://www.freegovmoney.net/
http://www.educationplanner.com/education_planner/paying_article.asp?sponsor=2859&articleName=Grants_and_Scholarships
http://www.studentawards.com/
http://www.college-scholarships.com/
Good luck!
Now if you are living at home and they are paying for your food, housing, etc.. Then you could possibly go into the college you are trying for and talk to someone in financial aide and explain to them that you are having to pay for college all on your own and explain the circumstances. Don’t take no for an answer!!
My son is getting financial aide and my name didn’t have to be involved because he is on his own. Don’t give up yet, go talk to them!
I wish you all the best, college is so important.
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