I decided to take a night class, I need $ for that and for my car,,,,,my tires are real bad. Where can i get a loan? I realize interest will be high, but I need to do this ,,thank sAnswer Question
Asked by Anonymous at 6:24 AM on Dec. 1, 2009 in Money & Work
Answer by rkoloms at 6:34 AM on Dec. 1, 2009
You can apply for financial aid at your school. Go to www.fafsa.ed.gov and fill out the necessary paperwork. If you are low income then you can be eligible to get the Pell grant and/or loans. The interest for the loans will be paid while you are in school at least part-time and after you graduate (or drop below 6 semester hours) then the interest rate right now is 6.8%. With the Pell grant if there is any money left over after tuition and books, then you can use the money for housing, transportation, school supplies, food, etc. You can do the same thing with the loans too.
Answer by JeremysMom at 7:41 AM on Dec. 1, 2009