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I took out a parent plus loan in my name to make up the gap between scholarships, grants, stafford loans that my 18 yr. old qualified for (she is a very good student)...basically it covers the little bit of tuition that wasn't covered and room and board. Don't know if she will get the same financial aid next year. I do not want to take out another loan next year because my husband is self employed and our income has dropped so that we are struggling...we still have good credit, but this year was the worst. We also need to focus on some kind of emergency savings for ourselves and add to our retirement funds...we are not so young! If she lived at home we would save that much, although she would need a car to commute. Are there any other options besides parent loans? Or can she take out her own loan? Maybe next year she should live at home.? I did as a college student. She is still a dependent.Answer Question
Asked by Anonymous at 3:08 PM on Sep. 3, 2012 in Adult Children (18+)
Answer by Dardenella at 3:19 PM on Sep. 3, 2012
Answer by layh41407 at 3:21 PM on Sep. 3, 2012
Answer by Mrs_Harsh at 3:46 PM on Sep. 3, 2012
Answer by jeanclaudia at 3:48 PM on Sep. 3, 2012
Answer by candbtea at 1:25 PM on Sep. 8, 2012
Answer by SassySue123 at 11:24 AM on Sep. 9, 2012
Answer by booklover545 at 3:40 PM on Sep. 30, 2012
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