<p>I did really bad in high school and now I go to a big 10 state school in my home state. However, because of my bad grades I was offered no automatic scholarships. Now that I’m going to be a sophmore, is there still a chance the college will give me scholarships? Should i begin looking elsewhere besides my school for scholarships?</p>
<p>Also, I received no financial aid from either my university or the government, because my family has a pretty good income, (80,000). However, all 4 of my grandparents are dependents and I think I might have to take out a loan. FAFSA did offer me a loan but it was the high interest one so I dont know if I should take it. And my family wants to refinance so should I wait to take out my FAFSA loan until after this happens?</p>
<p>If anyone can help me with my questions that would be great.</p>
<p>I’m afraid that in general, there aren’t as many scholarship opportunities (both institutional and outside) for sophomores compared to entering freshmen. However, there are scholarships for sop at some schools, either through the school in general or through specific colleges (or majors) within the school. Have you checked the website for your college to see what they offer? I’m not familiar with outside scholarships, but there must be some, you’ll have to do some sleuthing and see what you can find.</p>
<p>The school should have offered you a Stafford loan of $6500. Unsubsidized Stafford loans are at 6.8%, which is not high interest. Parent PLUS loans are at 8.5%, which is not bad either considering there’s no collateral involved and payments can be deferred while the student is in school. If your parents are refinancing their mortgage I think the PLUS would show up on their credit report. Whether that will have an impact on their mortgage process is a question for their banker.</p>
<p>Check with your credit union, Tylenol scholarship, and google scholarship + sophmore for opportunities.</p>