Comments

1. 
   On July 31, 2010 bigdg1989 says:

   you can take out another loan, but in the end, you will be paying it all back to where it came from…

2. 
   On July 31, 2010 Angie says:

   Im going to a university and at the moment I have 2 loans…well one is a parent plus loan so my parents co signed and the other is thru the Gov’t, but yeah you can get as many loans as possible but definately look into scholarships and grants. Dont screw yourself with having to pay back 3 different loans for 10+ years. talk to the financial aid office at the school : )

3. 
   On July 31, 2010 DCPete says:

   Start with the US Department of Education’s website – it is really done well and in plain English.

   As to the other posters – please ignore them – they are scam artists who are trying to steal your identity!

4. 
   On July 31, 2010 collegeloanconsultant says:

   Your first step is to fill out a FAFSA form, each year. You will then be informed of your eligibility for federal aid and loans. If the student aid is not enough, your parents have the option of applying for a parent plus loan. This will make up the difference.
   If they do not want to apply, you will have to look for a private loan to make up the difference. Unless you have a credit history, (a excellent one) you will need a cosigner.
   Many colleges have their own funds to lend students who come up small, but they will not do so unless there is proof that you and your parents have applied and been turned down for aid. If your parents apply for a parent plus loan and are denied, you will become eligible for more federal money in your own name. This might be enough.
   After college, you will need to consolidate your loans, both private and federal so that you can be able to afford your payments.