<p>Long story short I can;t get aid from Fasfa until the Spring, and I have no cosigner nor credit(Have no credit card) Is there a loan out there I can get? I only need $2000..If I get a credit card by then would I be credit worthy even if I don't use it? Anyone have the answers? I don;t know what to do? I got laid of so im unemployed, but I'am looking.</p>
<p>Why can’t you get aid from FAFSA until spring?</p>
<p>It’s too embarrassing to say, lets just say I messed up.</p>
<p>Can I use my Grandma as a cosigner? she gets a retirement check each month…</p>
<p>Do not do this to your grandmother. Call the college and make arrangements to defer your enrollment until next spring when your financial aid is ready. This fall if you can work full time, you should be able to save some money for your college expenses.</p>
<p>Anyone with a good credit rating (that the lenders can go after to pay the debt if you do not) can be used as a cosigner.</p>
<p>Whether they can be used and whether they should be are two very different things. Even if your grandma has a high enough credit rating to be a cosigner, I agree with happymom, don’t do this to her. She might be willing to do it because she loves you. If you love her, you should not not ask her. It is not right to ask someone living on retirement to do this.</p>
<p>FAFSA doesn’t give you aid…your college gives you aid IF you complete the FAFSA on time. I don’t understand your situation…if you complete a FAFSA NOW…you would be eligible for a Stafford loan that would cover your $2000 shortfall (unless you have not met SAP). So…complete the FAFSA…and get that Stafford loan.</p>
<p>I think SAP might be the issue here, or else the OP would have already done the FAFSA and wouldn’t be here asking for another option.</p>
<p>I have to agree with the person above who said not to ask your grandmother to cosign. It’s very risky, especially if she is on a fixed income.</p>
<p>Why don’t you just wait to start until spring? Or if you are in school, take a semester off. Lots of students do it when they can’t afford to go back.</p>
<p>Simply put, your options are limited. You don’t have any viable cosigners, and a bank is not going to give you a loan. Also with the law change, you might not be able to get a credit card - I think unless you have a work history of 2 years or more, you can’t get it until you are 21.</p>
<p>And no, that’s not how credit works. Simply having a credit card doesn’t mean you build credit; you have to use it. And six months of using a credit card is not going to make you credit-worthy. Most banks giving private loans want to see 2 years or more of work history PLUS good credit.</p>
<p>Forget it :(</p>