I mainly am asking how long does it normally take to get approved for a student loan. The university that I am transferring to in January isn't really "helping me out", and aside from the crumbs that they'll feed me + FAFSA + SMART grant, I'll still need about $10,000+
I am applying for the SMART Scholarship, but that won't even come into effect until next year (plus I might not even get it).
Now, my mother is not wealthy at all, but she has good credit. I, myself, have had good credit for a solid two years now. I am 20 years old. I am waiting to see what else the university can do for me and am also looking into other options, but in the even that I do have to get a student loan,
1. How late can I apply for one? Can I like apply for it 2 weeks before my January semester starts?
2. What is the average amount of a student loan? I will probably need $10,000+ per year (If I have to get a loan). Is this a "normal" amount.