<p>Hello to everyone, I hope you are doing okay since it is the beginning of the New Year. I have a question on taking out student loans. I read on a financial aid website that you cannot take out a loan if you have a low income. I believe the amount was $40,000 and under. I hope this is not true because I would really need to take out loans. Can someone enlighten me about the rules of taking out loans. It is hard because I am first generation college student and I have no one to go to, but his website has helped me a lot!</p>
<p>All students who file a FAFSA are able to take out the Federal Direct Loan: freshman year $5,500, sophmore $6,500, jr and sr 7,500. There are circumstances where you can take out more. Those are loans in the student name. Other loans you likely will not qualify as a student. Your parent may or may not qualify for their own Parent Plus Loan. but that might be a good thing, it might be a bad idea to take too much more.</p>
<p>Better is to look for colleges that you can afford. If you give some information, like your gpa, sat and state, people here will try to help you.</p>
<p>I have applied for some schools already and got accepted into Mills College, Concordia of Irvine and Channel Islands. My GPA is a 3.7 and my SAT is 1360, I live in Caliornia. To try to make up for my low test scores I take on several leadership roles and commit myself to a clubs, theater production and extra-curricular activities. The other schools that I have applied for is CSU Long Beach, CSU San Marcos and CSU Fullerton. I applied for one UC and that is Irvine. I just sent in my FAFSA application.</p>
<p>Do you know what you will major in? Are there any UCs, CSUs, CCs where you can live at home and commute to school? It would be a bad idea in the opinion of most here to take out more loans than the amounts BrownParent listed. You would need a co-signer for private loans and with a low income it’s unlikely your parents would qualify to co-sign.</p>
<p>Didn’t Mills give you an aid estimate yet? It seems unlikely you will afford that college, without the college awarding you grants, which you will not likely get. Taking enough loans to pay private school tuition isn’t reasonable or even possible in your case. </p>
<p>If you get into the UC, you may have your need met. With the student loans I mentioned and work study included. Wait for your package. Too bad you didn’t add a couple more less selective UC’s.</p>
<p>For CSU, it costs 23,000 per year for Fullerton for tuition, books, room, board. You can’t pay that. </p>
<p>Your best bet if you don’t get into Irvine is to commute from community college and transfer to a UC.</p>
<p>The schools that I am able to commute to and from are Concordia, Fullerton, UCI and maybe Long Beach. I originally applied as a nursing major and decided that if I do not want to continue with that, I will instead become a medical writer. Majoring in science and a minor in communication/English. Yes I also agree with you on the student loan. Thank you for answering back.</p>
<p>Mills had not given me an estimate yet, I submitted my FAFSA two days ago. Mills has given me a 16,000 dollar scholarship while Concordia has given me a 6,000 dollar scholarship. As for Fullerton I can commute to and fro from it, but I am not sure if I will get into it because I applied into a impacted major, however I live next to it. Grout further reference what did you mean by “less selective UC?” Thank you so much for your response.</p>
<p>*To try to make up for my low test scores I take on several leadership roles and commit myself to a clubs, theater production and extra-curricular activities. *</p>
<p>When you get to college, you need to cut back on those things because nursing is very hard.</p>
<p>You can’t (and shouldn’t ) be taking out any additional loans. As a new nurse (or medical writer), you won’t be able to pay back large loans. You’d be stuck.</p>
<p>Also, your parents would have to cosign those large loans…and that’s a bad idea anyway. </p>
<p>You should get enough aid from Cal Grants, Pell, and such to cover Channel Islands. You probably wont’ get enough for those privates. </p>
<p>You should also find a job this summer to help cover any other costs. </p>
<p>Stick with the federal student loans</p>
<p>frosh 5500
soph 6500
jr 7500
sr 7500</p>
<p>How much does a new medical writer earn per year? Probably NOT much.</p>
<p>Is your SAT for two sections? or for all 3 sections?</p>
<p>I’ve been getting mixed response on my research for a medical writer salary. While one says the annual with a bachelor degree is around 74,000. Others say that is 34,000. As for my SAT was three part. Reading,writing and math. Sadly, most colleges don’t take writings scores.</p>