College Loan Dilemma?

Question:

I have about 3 days until the student bill department at the college will w.draw my account... I have to have this Parent PLUS loan approved by the lender Sallie Mae. My mom has bad credit so she got a endorser. The endorser application was recieved & approved, but now they say that they need the parents application. I sent that as express mail that cost $16.50! Hopefully this will be done & over w. by friday. I feel so stupid for doing this so late. I'm 19 & I will be a freshmen...

Has anyone else experience this dilemma before?? Deadline.

Answers:
Absolutely had this problem. (Don't let the deadline scare you TOO much, the college WANTS your money, they'll let it slide a tiny bit.)
If you're dealing with a lot of loans, then you've GOT to fight and fight like hell. While most may not have the problems I did, my college would play around with the amount of money I was given every semester, several times causing me to miss a semester that I couldn't pay for.
Ridiculous? You betcha, but it still happened. Just use this scary experience as a lesson, and get every grant, loan and scholarship you can to avoid it in the future.

Plan for next semester now. If you don't keep a single folder/file to organize your paperwork, MAKE ONE FOR THIS. The paperwork is all redundant, and you'll end up needing it again for all the renewals and other such verification.
You'll have an advisor in the administration offices, get her (I had a "her") in on it too. Make her your best friend, and make sure she knows every aspect of your financial life (with regard to tuition at least). Let her know you appreciate her, get her a token bottle of wine, she's got tricks you haven't DREAMED of.

All the prep will feel a lil' silly SO far ahead of time, but would you rather have that . . . or this again?

dilema

College Loan Dilemma?

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