<p>Hi, I am about to enroll at coastal Carolina community college in Jacksonville NC. However, this college does not participate in federal loan programs therefore I CAN NOT get Stafford or Perkin loans my Pell grant covers my entire cost of school. However, I need a place to live and I have to eat. I do intend to get a job but I will be moving to Jacksonville therefore I wont have one immediately, I will need to look for one. I currently have no credit and I don't have the luxury of having a parent sign for a private loan. There is no private lender that will loan to an 18 year old with no credit and no co signer. College starts January 6th. I will be applying for NC state aid and for institutional aid but that might take longer than a month in the mean time I need money for rent and food before I find a job. WHAT CAN I DO?</p>
<p>Even if you were to receive a federal loan, that money would not be available to pay for your move or to get you set up in a new place. Most universities do not release the money left over after covering tuition and fees until after classes have started when your schedule is final.</p>
<p>If you don’t have any money saved to pay for this move, you might need to get a job where you live now, save up that money, and delay your enrollment for a semester or so.</p>
<p>I hate to say it…but your best bet is to hold off until fall, and then apply to a community college that DOES participate in the Direct Loan program. You can work and save money for living expenses between now and then. </p>
<p>I know this is not what you want to do, but financially, it might be what you have to do.</p>
<p>well if federal loans go to the college and my college doesn’t associate its self with federal loans can I use another college that does as a medium to receive my federal loans for another college</p>
<p>No. You can only get federal loans for the college you are actually attending. If your college doesn’t participate in the Direct Loan Program, you cannot get a Direct Loan. Period.</p>
<p>Another thing…if you apply for fall admission, and do it and all of your aid application forms, you will KNOW what your aid is BEFORE you make a decision to attend. This time, you seem to have it backwards…you have made a decision to attend but do not have the funding in place.</p>