<p>I have run into a bit of financial trouble. I have approximately two weeks to come up with around $25,000, or I will not be able to return to campus next year. Are there any student/private loan companies that will be able to loan that kind of money and have it be able to pay for this year?</p>
<p>Check with your local banks to see what they offer and contact your college’s financial aid department to see what they advise.</p>
<p>Is there any way your parents can co sign for you or be able to take out a PLUS loan? I would call the school, expain the circumstance, maybe they can certify the PLUS loan, etc. I don’t know if this help.</p>
<p>even if you come up with a way to borrow 25K which I’m assuming is for THIS school year, what do you do about paying for NEXT year??</p>
<p>that is WAY too much to borrow for 1 year of school for most people</p>
<p>I would NEVER cosign a 25K loan for my child. If I wanted to borrow money, I’d take the loan out in my name and hope the kid pays me, but cosigning is VERY RISKY to cosigner.</p>
<p>This is my friend’s post… any other suggestions??</p>
<p>Find a less expensive school to attend.</p>
<p>I don’t quite understand - this is for the current year? Not next year? How did you get so close to the end of the year and only now are trying to find $25k to pay for it? It is unlikely you will find a private lender to lend a student this sort of money without a cosigner. And what are you going to do for next year?</p>
<p>If this is for the current year and you are going to be in the same boat every year then I agree with the other posters that you need to find a more affordable school. Problem is if you do not pay what you owe them they will probably not release your transcript to any school you try and transfer to.</p>
<p>They will probably take your credits away also.</p>