You need to in getting the best offer on any student loans is to choose your college of choice and get accepted. Once you're over that hurdle (and it can present some adventures) then you're ready start any student loan process. There have been two very good reasons that you must be accepted to your college of choice before applying for any student loans. First off, you should know what your tuition and other education expenses will be for the semester or even first year. Second, the best place to get free help and tons of information is the Financial Aid office of the school you can be attending. Unlike lending institutions, the Financial Aid office has no ax to grind and will have many alternatives to offer. And many new students don't know that the college strengthens granting and administrating student loans and financial assistance most often. You will deal with them on any ongoing issues and programs that you can get while attending school full time. But even before you navigate to the Financial Aid office it's wise to generate a realistic budget for the semester and year. Most financial aid is distributed by semester but you should be looking at expenses all in all school year to make the transition to the winter semester easy. Some expenses will not be available like books or lab fees but the Financial Aid office can deal with those. But try and put in everything else knowing so that you will have a good set of working numbers before you head in for help. Another big benefit of the individual schools help is that each one can offer different programs. Plus, most know about local grants, scholarships, or other ways that can assist you finance your education. Part time jobs, other students looking to share housing, best places to live off campus, and other information. It's also a great place to meet other students in similar circumstances that can offer some advice. Speaking of grants, the bill passed last spring on health care had a section on student loans and grants. Don't ask me how this got in a health care bill but the end result is the government raised the limits on grants to lower income students. The grants were limited to $5300 per school year but have now been raised to $6000. Other changes in this same bill were designed to make the government student loans much easier you're and also changed the payment terms to ease the burden on students after graduation. Student loans, grants, scholarships, and other methods of financing your education can be intimidating. Always remember that you are currently signing a contract and will also be responsible for any and all things you agree to in the contract. Carefully read any paragraph and if you can't understand something, ask for further explanation until you do understand. Getting an education is important and can provide a solid foundation for your career throughout your life. But you still need to understand that you will be paying back any money borrowed. And could possibly be other requirements for grants and scholarships like maintaining a specific gpa and even conduct clauses (individuals arrested or accused of misconduct by the school to illustrate). So read everything in some of these agreements or contracts carefully. Genuine no age limit on students. You probably have recently been laid off or your industry has suffered as a result of current financial upheaval and also retreat to school you might be eligible for financial aid just like any 18-year-old freshman. But you will still need research the same process but it can be worth the time and trouble.
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