What is the best student loan option for Texas Tech?
I am attending Texas Tech in the spring of 2011. I tried to get a loan through Sallie Mae and they told me they don't offer loan's to Texas Tech students. I've thought about the FAFSA option, but I'd rather get a private loan. Any suggestions?
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Answer by ♪♪♪♪
Why would you rather get a private loan? Private loans have a high interest rate and require a credit background, while federal loans have lower interest rates and do not require any kind of credit whatsoever. Private loans should only be the very last option, as they are not recommended for anyone unless you have no other choice.
You should file for financial aid with the FAFSA, as you may qualify for grants and/or loans depending on your family income, actual enrollment and tuition cost at Texas Tech. Federal Stafford Loans are your best options, besides from grants. Just fill out an application and speak to your financial aid counselor at Texas Tech for available options. Don't go to SallieMae unless you have no other choice!
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Birmingham Museum & Art Gallery - School Loans Service - case
Image by ell brown
More exhibits and items at the Birmingham Museum & Art Gallery.
From the Great Charles Street Queensway entrance.
It opens on a Sunday at 12:30pm
Closes on Sunday's at 5pm.
Objects outside the Learning Zone for the School Loans Service.
On the right is some kind of case - part of the Schools Loan Service.
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