<p>Here is the short version: We can afford CC for our son but refuse to pay after losing most of 2 semesters worth of tuition (just a couple of passing grades). </p>
<p>He wants to start at CC again in 3 weeks. Is it too late for him to get a loan? Can he even get one if we have significant savings? He only needs about 1500 but I don't know enough about the process to know if he can get one, or get one that quickly.</p>
<p>Thanks</p>
<p>He needs to make an appointment with the financial aid office at that CC. If he files the FAFSA, he should qualify for the federal/stafford student loans. HOWEVER, he may not be able to qualify for them because of failure to maintain appropriate progress toward his degree (i.e. all those bad grades). The financial aid officer will be able to explain the rules to him.</p>
<p>Does he have a job, and if so, how much money is he making? Perhaps it would be best for him to work full-time and study part-time for a while. That way he would be able to pay for his courses and he could take a light enough load so that he could pull the grades up.</p>
<p>Failing courses at CC does not bode well for his academic future and since you are refusing to pay I take it that you feel it is due to lack of effort. I think working and paying as he goes would be a better wake up call in such a situation, if he is able to borrow it still won’t feel real to him if he is that irresponsible to begin with. Seeing the cost of education deducted from your checking account feels so much more real to an 18 or 19 year old than just signing electronically for a loan and having your tuition bill pop up as paid.</p>
<p>@happy- No, no job.</p>
<p>@bc- There is no doubt it is from lack of effort. He admits he is the laziest person on earth, and as someone who was (is) gifted and attended a magnet school there is no reason to get Fs.</p>
<p>I would not encourage him to get loans. Frankly, that’s the last thing a lazy person should take on.</p>
<p>Instead, he should get a job and work this next semester. Then use the earnings for cc for the spring. Working some menial job for a few months may be just the thing to motivate him to get his education.</p>
<p>The fact that it’s summer and he has no job, is not a good sign unless there are no jobs in your region. If students could get jobs in your region, why hasn’t he been working?? It sounds like he’s been relying on the fact that his parents aren’t hurting for money. </p>
<p>I think it’s time for more tough love than just “take a loan for a CC.”</p>
<p>“He admits he is the laziest person on earth, and as someone who was (is) gifted and attended a magnet school there is no reason to get Fs.”</p>
<p>There is some reason why he is being “lazy”. Maybe undiagnosed ADD, maybe undiagnosed depression, maybe something else entirely. Once he’s got a job and is earning some money, this is what needs to be identified before he wastes anyone’s money on classes that he is too “lazy” to do well in.</p>
<p>I would not encourage anyone who is not ready for college to borrow money to pay for it. Your son does not appear ready for college. Maybe he will be in a few years, but not now. I would suggest that he make an appointment with an advisor at the CC to get some career testing … this would be a start. </p>
<p>If he is “lazy,” he needs to get a job … he may eventually see that he would rather go to school so that he can get a better job. Maybe not. But he needs to figure all of this out himself.</p>
<p>The bottom line is that borrowing money now is not a wise choice.</p>