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I'm sory about your situation. Coming from another college student this is normal. I know you would like to avod interest, as would we all, but that is last priority right now. |
Sending prayers and hugs for you and your mom and Priscilla. I'm sure Priscilla will bring you a lot of comfort so I would focus a lot of attention on her. Wishing you luck with the job too. |
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If its a student loan from the fed you can request deferments w no interest. But again like I said while you are I school, no interest is accrued. Even when there is interest, it's very very low compared to bank loans! |
I had to take out 3 different types of loans. I took out a subsidized loan, a unsubsidized, and a parent plus loans. The subsidized loan is the only one that doesn't accumulate interest. The other two types do accumulate interest starting the day that the loans were disbursed. I was so exicted about going to a fashion school to accomplish my dreams that I didn't think about how long it would take to pay off $200,000($50,000 for 4 years) I didn't realize how unrealistic it was until after I decided to transfer to the community college to take care of my mom. So I think it was for the best that I needed to stay with my mom. |
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