How do student loans work, and what are my options for applying for graduate student loans?
Q. I want to apply for a Master's Program at Copenhagen University... but have no money! Where exactly do I start? I know very little about student loans in general, and especially little about them when studying internationally, especially at the graduate level. Do I need to talk to the University? How do direct to consumer loans work? Is it super difficult to get student loans?
Asked by dillsteroo - Fri Jul 3 21:24:28 2009 - - 4 Answers - 0 Comments

A. To get a student loan, your first step is to fill out the Free Application for Federal Student Aid (FAFSA). You should submit your FAFSA as soon as possible you can make estimates and correct the details later. Once you ve completed your FAFSA, you ll want to visit your school s student aid office. Ask what kind of aid you might expect.
Answered by Konn - Sat Jul 4 04:37:09 2009

Student loans have to start being paid off 6 months after you graduate. What if you continue to law school?
Q. I'm planning on going to law school after I graduate from a 4-year college. I'm just wondering if I'll have to start paying back my student loans after 4-year college, or after I graduate from law school? P.S. I'm just doing some preliminary checks on student loans in general, I'm a senior in high school and I'm just thinking ahead.
Asked by jlbilby - Fri Aug 14 11:25:56 2009 - - 2 Answers - 0 Comments

A. j: As long as you remain a full-time student, you will continue to qualify for "in-school deferment". You won't have to begin paying your loans back until you finish law school. The only requirement is that you remain registered at least half-time at an eligible institution, and that you don't take more than 6 months off at any time during your schooling. By the way - this is an automatic feature of government-backed student loans (Stafford/Perkins/PLUS), but it is not necessarily characteristic of all private loans. Also remember that the in-school deferment requires attendance at an "eligible" school. Some students have pursued law or medical degrees at foreign universities, only to discover that some of these schools are not… [cont.]
Answered by NotAnyoneYouKnow - Fri Aug 14 11:34:52 2009

What are the best ways to get student loans with a decent interest rate?
Q. I have been in community college for the first 2 years of my schooling so I have not had to take out any student loans yet. I have been applying for loans for this next semester and I have been getting really high interest rates. Some are over 15% which I feel is riduculous. I am 21 years old with good credit and I have used my parents as co-borrowers when applying. They do not have great credit and my dad makes too much money for me to get any government help, but they don't pay for anything. Where should I go for lower interest rate on loans? Also, what is a good amount to take out if I decide not to work next semester? Thanks! My parents are married so any information I use goes for both parents.
Asked by Nicole C - Mon Jun 18 21:41:56 2007 - - 4 Answers - 0 Comments

A. This is a pretty standard question. Without spending too much time in a financial aid office, there is plenty you can do get the process started. Start by going to and filling out the online form for federal student aid. After finding out what you are eligible for in terms of subsidized stafford loans, you can figure out if that is enough to finance your tuition and expenses. In most cases, it isn't. If you find that you need more money then you are offered, you may want to try a private student loan. The best thing to do is compare the different private lenders out there, which can be done at Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The… [cont.]
Answered by Geo - Tue Jun 19 10:42:27 2007