<p>i graduated high school this year as an ingnorant kid. i never heard of the ACts/SATs untill the mid crissis of my senior year. the truth is that almost all of my friends are somalian and most of us come from africa in the past couble of years. none of us really cared about HS, we only cared about playing soccer and hanging out all night long. we talked about how one of our lucky friend passed with a D with minimum work done. I for one was the only one who took calculus and physics and got A of all my friends, recent or past graduates. i have the capability to get all straight As if i want but the lack of motivation has caused me dearly. my parents don’t have a dime saved up for any post secondary schools and i have no dime either. my parents are not bad people they are just uneducated in the american way. they believe all my cost will be covered by financial aid which only provided me with five thousand dollars. i really don’t want to keep living with my parents becouse it’s just a negative enviroment. now i have the option of working full time and enroll in school full time as well. or take out loans, which i hate.
am sighned up to take pre-med classes
- principle of chem/lab -5 credits
- a bio class/ no lab - 4 credits
- fresh compostion - 4 credits
- calc - 5 credits ( easy A)
totall of 18 credits
i can take my courses mon-fri from 8-2 including some partial study time and i could work from 3-11.
i’d really hate to work with this rough shedule. i mean i am destined to fail with a hectic life such as this one
can someone help me find a solution that will that satisfy my school work and my social life.</p>
<p>You may not like this, but if you want to stay at that school what about taking the loans and working part-time?
3-11 is going to burn you out.</p>
<p>Or what about going to a local community college- if you want to do pre-med, you can take those courses there for a lot cheaper, and transfer to a 4 year school after 2 years. Besides, med school is going to give you enough debt anyway.</p>
<p>What’s the hate on loans?
20K loan for 4 years, you’ll pay 230 per month, 6 months after you graduate you make your first payment, for 10 years…</p>
<p>where there is a will there is a way</p>
<p>what may be best for you is to go to a community college for two years. maybe go part time or take a lighter load like 12 hours, so that you can get a job either full or part time so that you can save money.</p>
<p>even though you don’t want to, living at home would save mucho $$. maybe try it for a semester or two and after that then get an apartment with some friend to cut down on costs.</p>
<p>apply for financial aid/ scholarships! you never know what you could get : )</p>
<p>some good paying jobs are: bartending, waiter, department stores, lifegaurding, even babysitting</p>
<p>hope this helps!!</p>
<p>Except the the repayment, with accrued interest if s/he defers, will likely more than double.</p>
<p>I have a loan for $40k. I’m expected to pay back $100k.</p>
<p>Yes but that 100k is worth much less since it’s subject to 10+ years of inflation, whereas you’re getting 40k over 4 years now. Still a large number, just keep in mind it’s not as ghastly as it looks. With a quick calculation, in present value (starting freshman year assuming 3% inflation which may be optimistic nowadays) = 37k, while the loan would equal less than 70k (74k using the first year of the repayment as a base case + the 4 years of no payments).</p>
<p>Edit: Above scenario assumes a 20-year repayment schedule.</p>
<p>i was wondering if i took out 20000 loan out for my first two years would i be allowed to take another 20000 for my last two years. is all the funds from the loan directly mailed to you in on check, seperate check over the school preriod, directly deposited to your checking account, or maybe funded through the school account. how long will it take, from the time applied, to recieve your money? am allowed to use the loan however why i want?</p>
<p>can someone answer this general questions for me.</p>
<p>Post in the Parent’s Cafe part of this forum. I would think they could best answer your questions about finances and such.</p>
<p>See if there are any local scholarships that can help you out. Apply to every scholarship you can, and chances are that you might get something.</p>