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08.27.09 | Private Student Loans, Good for All Seasons

Posted in Private Student Loans by David Bonvie

Imagine having an application for school with NO deadline. What’s that you say? An application like that already exists? Which one? Oh, I didn’t realize a private student loan application could be completed at anytime – even in the middle of the semester.

I think most of us naturally assume that every school related application has a specific financial aid deadline, and for good reason. Most applications do have specified deadlines. I recall when I entered my junior year of school, back in the golden age, that people were telling me to make sure my SAT prep class and test were taken by this date, and that I needed to send out my college application(s) by the end of this particular month, and that I was crazy if I hadn’t completed my FAFSA and scholarship applications by the middle of January of my senior year. By the way, for a complete list of grade by grade action plans from 8th to 12th, vistit college application calender. The process of getting into college was completely overwhelming to me.

I had been so used to letting Mom handle things for me and now I was the one in the center of the storm. That’s why it’s good to know there is a floating deadline when it comes to student loans. After the Mom and Dad ATM runs out it’s comforting to have a place to go to get the funds you need.

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38 Comments »

  1. lisa says

    ugh loans…

    September 25th, 2009 | #

  2. chevell says

    I am hoping to apply for loans as soon as possible

    September 26th, 2009 | #

  3. jesse says

    grants is my favorite!

    September 28th, 2009 | #

  4. Evie says

    To be honest I have a private loan and I do not plan to do it again with the Bank I did it with because its bit high and compare to other loans but to some extend private loans are more flexible with you.

    September 29th, 2009 | #

  5. Julianne says

    i wish i did not have to use student loans to pay for school

    September 30th, 2009 | #

  6. Rachel Richardson says

    Grants and scholarship is my favorite I donot think a loan is for me I will get a loan for med school

    October 3rd, 2009 | #

  7. Kayla says

    Loans are necessary when grants and scholarship aren’t enough to cover teh cost of college.

    October 5th, 2009 | #

  8. CSC says

    Student loans are too hard to obtain in this hard economy!

    October 6th, 2009 | #

  9. Justine says

    I would stick to scholarships only, I want to stay away from loans

    October 7th, 2009 | #

  10. Ky says

    I’ve had enough of loans..ugggh!!!! such a hassle.

    October 8th, 2009 | #

  11. Adalis says

    If Im dying.. I will choose a loan

    October 9th, 2009 | #

  12. Sammie l. Roseborough Jr. says

    I never had to get a private loan.

    October 9th, 2009 | #

  13. WRT says

    I prefer grants

    October 11th, 2009 | #

  14. Maria says

    I took many loans and have to pay back after school ends. I have to find a job right now!

    October 13th, 2009 | #

  15. jacqueline terrazas says

    loans are not that bad…

    October 16th, 2009 | #

  16. portia says

    i prefer schorlarships and grants, loans doesn’t help

    October 18th, 2009 | #

  17. portia says

    IF SCHORLARSHIPS ARE NOT THERE CHOOSING LOAN MUST BE DONE WISELY

    October 18th, 2009 | #

  18. Rosemay says

    Its very hard to get a private loan

    October 18th, 2009 | #

  19. adriann hobbs says

    Scholarships are hard to get

    October 19th, 2009 | #

  20. Ruth says

    I will stick with fighting for scholarships – I definitely don’t want to get stuck with students loans to pay back.

    October 20th, 2009 | #

  21. dfuller says

    i wish i had a scholarship so bad

    October 20th, 2009 | #

  22. Ivette says

    oh so true…im glade there is no specific date for student loans ….we all have to do whatever it take to pay for school.

    October 20th, 2009 | #

  23. Nick Harrington says

    nice stuff

    October 21st, 2009 | #

  24. Courtney says

    I rather have a grant or a scholarship anyday. Loans are such a hassel. It makes me feel like I will be paying for them for the rest of my life, but I don’t attend to and I am claiming I won’t.

    October 21st, 2009 | #

  25. Emma says

    Check what your college scholarship, financial aid, and grant situation is. I never anted to takes loans but sometimes it’s needed. However, if you save up money on the side. It’s easier to pay back.

    October 23rd, 2009 | #

  26. Meagan says

    I really hate taking out loans because I it feels like I’m setting up something that will come back and haunt me later. Kind of like procrastinating.

    October 27th, 2009 | #

  27. Jalissa says

    I already knew most of the information, I’m still short $5000 per semester.

    October 27th, 2009 | #

  28. jovi says

    I LOVE SCHOLARSHIPS AND GRANTS BUT MY LIFE IS HARD SO I DEPEND ON LOANS AS WELL

    October 28th, 2009 | #

  29. jessica says

    if I need to I will use student loans.

    October 28th, 2009 | #

  30. Jessica says

    Using loans can be risky because you don’t necessaily want debt as a college student or when you first graduate college. As long as they arn’t too expensive, I say go for it!

    October 28th, 2009 | #

  31. Theresa says

    I really dont want to use any loans.

    October 30th, 2009 | #

  32. dakota says

    Student laons are an investment in your education so the debt is good.

    October 30th, 2009 | #

  33. Rhonda says

    It seems that no schools or companies are interested in assisting post-graduate students. We are people who are penalized for being committed to development in our fields and to lifelong personal professional development. Isn’t that what we’re supposed to do?

    November 4th, 2009 | #

  34. aye says

    i know that student loans are inevitable if i plan to see out my career in medicine, but im hoping that they wont be necessary.

    November 5th, 2009 | #

  35. Lakera says

    i definetly agree wit u on that 1 Aye

    November 6th, 2009 | #

  36. Alex says

    I would much rather have scholarships than loans.

    November 8th, 2009 | #

  37. Tiara says

    I think private loans are good when there is no other alternative. Scholarships take too long to process and are not guaranteed. Grants have certain requirements as to if you can get them or not.

    November 12th, 2009 | #

  38. Rachel Richardson says

    I need a privant students loan, I need a co-signer.I am glad I did not get one I am work hard for scholarship only now.

    November 15th, 2009 | #

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