I applied to three different personal loans to cover my additional school expenses. In addition to the aid, I need more. How can I qualify for a loan or student loan? I was even denied with one lender with a qualified cosigner. Any suggestions? I work by the way…just need a bit more help
If you need more money in loans, your school may not affordable. Will you have to ask for loans for every year of study?
Did you ask your university about qualifying for a loan?
Lending institutions do not lend money without a good credit history and/or collateral. They also tend not to loan to individual students because they want to get paid back.
How much is the gap?
Are you an incoming freshman?
Did you accept the federal student loan of around $5500?
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was even denied with one lender with a qualified cosigner
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Then that means that your cosigner was NOT qualified in some way…either inadequate income, inadequate credit rating, or something that meant he/she was NOT qualified. A cosigner, if qualified, will be approved for a loan.
Your school is not affordable.
What school is this?
How much does it cost?
ARe you an incoming frosh?
What aid were you given?
What is your major, career goal…and how much do you think you’ll be earning after you graduate??
How much do you need?