Student loans increase?! How?
I was just going around answering a few answers question and stumbled upon when which caught my attention. A guy said he received 35k in student loans!!!! I do not get that much and he said he gets it because he lives off of this amount (does not work). If I was wanting to increase my loans through my bank how would I go about doing that?! I have loans through Citibank and I also get Financial Aid The full amount. I am unemployed right now (who isn't?) and would like to get enough to live of until I get a job (moving to florida the state that has been hardest by this economic crisis). At the moment I only get 10,000 from bank loans and about 5,000 in pell grants. How do I increase the bank loans? Call them?! Advise please?!!!
Public Comments
- Do you get government subsidies or government loans? I would think he was getting those as well. In the FASFA and school forms you can state you're interested in loans as well (I believe).
- Interesting dude maybe calling them up can answer your questions
- It's possible that this guy was working on a degree other than a bachelor's. The limits are much higher for professional students (med, vet, dental, law...). I'm getting about that in student loans from the federal government for vet school. However, if you're still in undergrad then your limits will be lower because the cost of your education is lower. If you really think you need more private loan money (a bad idea really unless it's absolutely necessary) then you can call your bank and ask if you can increase the loan amount. Or you can apply for a private loan from another institution. But remember that too much private loan money can get you into trouble later on.
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