New To Loans Need Help Fast

I am a senior in high school and I want to go to a good college next year which means taking out loans. What is the best place to get a private loan? I dont qualify for any federal help so thats out.

i am in the same situation as you're in. isn't everyone qualified for unsubsidized loans from the gov't? i was planning to applied at citibank. i would also like to know where is the best place to get private loans.

anyone care to help? appreciated

You should be able to find something here:

http://www.usa.gov/

The idea that you cannot get aid because your family makes too much money is a myth! Everyone is eligible for federal aid - most importantly federal Stafford loans. I recommend these loans over any private loan because the interest rates are low and fixed at 6.8%. Private loans, on the other hand, have interest rates based on your personal credit (which will be well over 6.8% interest) and usually require you to have a creditworthy co-signer like a parent or grand parent.

Stafford Loan Facts (http://www.studentlendingworks.org/questions/stafford_loans.aspx#StaffordLoanBasics)

Financial Aid Tips (http://www.studentlendingworks.org/about_us/student_loan_news_content.aspx?Page=04_16_07_ComparingAward.html)

Negotiating Your Financial Aid Package (http://www.studentlendingworks.org/about_us/student_loan_news_content.aspx?Page=04_16_07_NegotiatingAid.html)

No, I really dont qualify. Its not because I am ritch because I am not but because of my legal status in the US. What do you guys think about them?

http://www.educationfinancepartners.com/pl%5Fg/?src=12001

The idea that you cannot get aid because your family makes too much money is a myth! Everyone is eligible for federal aid - most importantly federal Stafford loans. I recommend these loans over any private loan because the interest rates are low and fixed at 6.8%. Private loans, on the other hand, have interest rates based on your personal credit (which will be well over 6.8% interest) and usually require you to have a creditworthy co-signer like a parent or grand parent.

Stafford Loan Facts (http://www.studentlendingworks.org/questions/stafford_loans.aspx#StaffordLoanBasics)

Financial Aid Tips (http://www.studentlendingworks.org/about_us/student_loan_news_content.aspx?Page=04_16_07_ComparingAward.html)

Negotiating Your Financial Aid Package (http://www.studentlendingworks.org/about_us/student_loan_news_content.aspx?Page=04_16_07_NegotiatingAid.html)

i'm thinking about getting federal Stafford loan @ citibank. is that a good place? they also give you discount if you make an account there. the max for undergraduate is $23,000. if i borrow $5000 and pay back $5000 within the year, am i still able to borrow 23,000 or only 18,000?

If it works the same as when I took Stafford loans in the last 90s, you must state how much you are going to take at the start of the Fall semester, for the Fall/Spring year. The money will be disbursed to you in two phases -- start of Fall and start of Spring. You cannot go to the loan like a bank -- you take the full amount you want, and deposit it in your own checking/savings account, and use it as you need to. This means, of course, that you have borrowed the full amount that you have claimed (Whether $5000, or $18,000, or $23,000, whatever), and must repay it, whether you end up using it or not.

If you are unsure about how borrowing and disbursement works, consult your financial aid office. You are about to make a HUGE decision, that will affect your financial stability for many years in your future.

my school offered me 3500 in unsubidized loan. 1750 for fall and 1750 for spring. The total cost is for a year is 12k. should i accept their loan or should i take citibanks loan which offer Automatic 1.00% interest rate reduction as a graduation present and an additional 0.25% interest rate reduction with Citibank's E-Z Pay auto debit of payments.

some loan tips here
http://e-loan-debt-consolidation.info