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-   -   Part Time student Loan (https://www.revscene.net/forums/612490-part-time-student-loan.html)

wuuhoo 04-21-2010 04:28 PM
Part Time student Loan
 
I am taking 2 courses this summer semester, and was thinking about taking out a part time loan.

Is this a good idea? anyone with past experience?

I know that interest starts building up after the loan is receive, so I am scared of that.

KIMBOSLICE 04-23-2010 12:36 AM
Im a full time student now, you shouldnt worry to much about your part time loan you have 6 months after your done school or your classes to start paying off your loan!

twitchyzero 04-23-2010 09:23 AM
interest does not start until you finish your school.

wuuhoo 04-23-2010 11:34 AM
Quote:
Originally Posted by twitchyzero (Post 6920813)
interest does not start until you finish your school.
hmm the thing is, I had a talk with an advisor, and she told me that interest starts to build up right after the loan is received (for partime)

I wasn't aware of this until she told me. Now I'm stuck with a delimma whether to actually take it out..

twitchyzero 04-24-2010 11:32 AM
interesting didn't know it's different for P/T studies
if it's just 2 courses i wouldn't bother but that's me

johny 04-24-2010 11:45 AM
if you need money to get through school then you need a loan... if you don't need money to get through school then you don't need the loan.

it's a STUDENT LOAN... to pay for school....


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