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04-21-2010, 04:28 PM
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#1
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I *Fwap* *Fwap* *Fwap* to RS
Join Date: Jul 2008
Location: vancouver
Posts: 1,523
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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.
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04-23-2010, 12:36 AM
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#2
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Ready to be Man handled by RS!
Join Date: Apr 2010
Location: Coquitlam
Posts: 98
Thanked 6 Times in 5 Posts
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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!
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04-23-2010, 09:23 AM
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#3
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I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007
Location: Vancouver BC
Posts: 22,236
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interest does not start until you finish your school.
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04-23-2010, 11:34 AM
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#4
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I *Fwap* *Fwap* *Fwap* to RS
Join Date: Jul 2008
Location: vancouver
Posts: 1,523
Thanked 139 Times in 82 Posts
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Quote:
Originally Posted by twitchyzero
interest does not start until you finish your school.
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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..
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04-24-2010, 11:32 AM
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#5
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I WANT MY 10 YEARS BACK FROM RS.net!
Join Date: Oct 2007
Location: Vancouver BC
Posts: 22,236
Thanked 10,014 Times in 3,976 Posts
Failed 882 Times in 422 Posts
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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
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04-24-2010, 11:45 AM
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#6
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HELP ME PLS!!!
Join Date: Jan 2004
Location: here
Posts: 5,793
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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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