I've got a client who needs about $5,000 to pay the final bill for undergrad so she can get her degree. I am at a dead end to help. She is 27, so qualifies as an independent. She finished her classes this summer, and is done with school but can't receive her degree until she pays her balance due. She wants to continue to law school. She already maxed out her independent loan for the year at $12,500. The school says the summer term goes with the 2012-2013 school year so there is no money left to borrow. There is still plenty of room left on her lifetime loan limit for independents (current loan balance is about $35,000). If she had only waited until the fall to complete her school I guess we wouldn't have a problem.
Her parents filed bankruptcy within the last year so they won't qualify for a PLUS loan (not sure if she can even get a parent PLUS loan since she is independent?). She had 3 outside family members try to co-sign on a student loan through Wells Fargo, Sallie Mae and another bank - all got turned down - family finances don't seem to be very strong. Her credit is about 640-650 and she owns her home, but it is new and no equity built up yet.
Any ideas for a source of funds to release her transcripts?