<p>I'll try to keep this short. So a few days ago my mom basically told me that she won't be able to finance my education anymore. Not even co-sign my loans because of how it makes her credit look or something of that nature. So I'm a rising sophomore and the semester tuition is due on August 9th. I've been searching online for loans that don't require a co-signer but have no luck and I have tried calling different loan organizations and all have said I require a co-signer. I tried emailing my dad (parents are divorced) to see if he would co-sign but as expected he hasn't replied.
So any ideas as to what should I do? Taking off a year of school would be the last thing I want to do as I still have 3 more years of undergrad and then 4 more years of dental school.</p>
<p>a few days ago my mom basically told me that she won’t be able to finance my education anymore. Not even co-sign my loans because of how it makes her credit look or something of that nature.</p>
<p>Sad, very sad. It’s too bad parents and students don’t realize this when they’re first making these decisions. Yes, each time they borrow/co-sign their credit takes a hit…which makes it harder for them with their own situations. Sometimes even willing parents find out that they don’t qualify for borrowing during the later years because of the earlier loans.</p>
<p>You may have to leave your current school and go to a local state school or CC. </p>
<p>Frankly it wasn’t a good idea to require a bunch of debt for undergrad since Dental school is in your future.</p>
<p>What school are you attending?</p>
<p>How much did you borrow last year?</p>
<p>How much are you trying to borrow this year? </p>
<p>What schools can you commute to?</p>
<p>Right now it looks like your only option will be to take a year off. Pick up the phone, and call your college and ask how to arrange a leave of absence. Ask them if you can take credit coursework at your local community college this year, with the intent of transferring those credits to your college when you return.</p>
<p>Then, pay a visit to your local community college. Sit down with the counselors there, and learn more about your educational options. Ask about their articulation (guaranteed transfer) agreements. Find out how long you would need to be at that CC in order to complete an A.A. or A.S. that would get you into an affordable college or university. Meet with the Transfer Counselor, and ask about his/her success in helping students like you get the amount of merit-based aid that they need when they transfer out of that CC. You might find that it makes more sense to go that route rather than return to your original college.</p>
<p>You do have options. They may not be the ones that you wish you could have, but they are decent.</p>
<p>Wishing you all the best!</p>
<p>you’ve been given excellent advice. sorry about your situation. </p>
<p>all the best from this day forward!</p>
<p>You might research the military – I know they used to have a military medical school. I don’t know about dental training. </p>
<p>I am so sorry you are in this spot. You sound like a great kid – please don’t despair. Check into anything in your town that might get you further down the educational path (Community college? State sponsored on line courses?). Please be very,very wary of online for profit college courses as they will loan you money very quickly but then it may be impossible to complete the courses (worst than where you are now as you would owe money but not have the credits earned). </p>
<p>Do talk to your mom about what she sees happening this fall – is she ok with you living at home? Better find out if there is more to unfold. Please hang in there.</p>
<p>Would federal loans not cover the costs? If they don’t then you might have to go to a community college or cheaper university. That might be hard, but you have to keep in mind your dream- dental school. That should be your first priority, and you’ll need a lot of money for that too. </p>
<p>Depending on the cost of your tuition you also might be able to find a job that will help you out. </p>
<p>You could also talk to your financial aid department. Going part-time might be an option. Ask them how that would effect whatever financial aid you’re currently receiving.</p>