<p>I have a list of lenders to choose from, but what now? The disclosures are really uninformative since the starting interest rate is around 2-12% for all of them. The maximum interest rate is either unlimited or 25%+ anyway, so I hope to never expect it to get even to the limited 25%, much less an unlimited amount higher than that…</p>
<p>With an income of less than $5,000 how can you afford to pay interest?
Wouldn’t your time be better spent find how to reduce costs?</p>
<p>*I did find this:
FinAid | Calculators | Loan Discount Analyzer</p>
<p>Should I try to make an appointment with a rep from each lender and just go down that analyzer list and fill in the blanks?*</p>
<p>YOu could- note origination fees- and you will need to get a new loan every year while paying on the unsubsidized ones ( or having your interest compounded)</p>
<p>Speaking of interest- why if your income is so low- you don’t have your whole Stafford loan subsidized? You also should be eligible for a Perkins loan.</p>
<p>What year are you in college?
What about work study?
Aren’t you eligible for any grants/cutting housing expenses by being a RA?</p>