<p>Since you filed a FAFSA you are eligible for Federal direct loans, so you can borrow this for each 4 years: 5,500 6,500 7,500 7,500. That is all you can borrow on your own, unless your parents are denied Plus loans, then I think you can take an additional 4,000. Otherwise no bank will lend a kid money.
[Applying</a> for Federal Direct Loans](<a href=“http://www.direct.ed.gov/applying.html]Applying”>http://www.direct.ed.gov/applying.html)</p>
<p>Your parents would have to borrow the rest of the money for you; they can apply for Plus loans.
[Direct</a> Loans?Parent PLUS Information](<a href=“http://www.direct.ed.gov/parent.html]Direct”>http://www.direct.ed.gov/parent.html)</p>
<p>The problem is that any time you don’t attend school full time, you have to begin to replay the loans. So if your parents credit won’t allow for the plus loans in year 3, you won’t have the money to attend a sleep away school. Do you not have a local community college you can attend until you can transfer for your last 2 years at a 4 year?</p>
<p>Did you read the pinned threads at the top of the forum that discusses how financial aid works?</p>