<p>Student loans are for rather small amounts, so you won’t be able to borrow that much</p>
<p>frosh 5500
soph 6500
jr 7500
sr 7500</p>
<p>to borrow more than that would require your parents to co-sign or do the borrowing…and many parents won’t do that and/or won’t qualify for such loans…and such loans are a bad idea since newish graduates can’t afford to pay them back.</p>
<p>No one is going to lend a student a large amount of money.</p>
<p>Since you’re a good student, but not a top student, it’s unlikely that you’d get accepted to the top schools that give the best aid packages.</p>
<p>*Finally, is it stupid to think that student loans will cover whatever I can’t pay off right now? I’d always refused to believe that I couldn’t go to certain colleges because of my financial situation *</p>
<p>You won’t be able to borrow your way thru college…and you shouldn’t anyway…it can really ruin your young adult years buried in strangling debt.</p>
<p>And, students can’t just go where they want for college without any consideration for their financial situation. If that weren’t true, so many kids wouldn’t be going to their local CC or commuting to their local state school.</p>
<p>Since your stats are good, but not top, make sure that you apply to some financial safety schools…such as your local state schools…and then apply to some favorite schools and see what happens. </p>
<p>What state are you in?</p>
<p>If you’re low income, your state may provide some state aid for instate schools. And, you might get some federal aid…but it won’t be for much.</p>
<p>Remember, most schools do not have a lot of money to give and will gap…no matter how low your EFC is.</p>