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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic

Financial "Awards"
Replies: 5 — Last Post May 12 4:08pm by PimpMyHoes
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( 420Mike )


Visionary
Sustainer 		Reply
Alright so i've been accepted into my college of choice a while ago, and now i'm starting to get these awards, and loans for next year and I don't know whether I should accept them or not.  

I guess my confusion is in the option.  Why would anyone decline free money?  There must be something going on here if they give you the option to decline, or except partial amount.

Does anyone know about these:

Federal College Work Study $1,000
Federal Perkins Loan $2,000
Federal Parent PLUS loan ESTIMATE $7,176
Federal Direct loan Sub fall/winter $3,500

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*My responses are for entertainment purposes only.  
Nothing posted shall be conceived as factual information.

3:54 pm on April 21, 2008 | Joined Jan. 2007 | 378 Days Active
Join to learn more about 420Mike Brazil | Straight Male | 3580 Posts | 8206 Points
D Train


Dairy Product Addict 		Reply
I'd take them...but uhh they must really want you to go there!

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~*DJ + TK= A relationship that cant be broken*~
3:55 pm on April 21, 2008 | Joined Nov. 2007 | 46 Days Active
Join to learn more about D Train Georgia, United States | Straight Male | 546 Posts | 1042 Points
marshmellowman


Enlightened One
Patron 		Reply
A grant is a non repayable denomination. A loan is repayable.

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Environment 101: Reduce, Reuse, Recycle!
tell me, tell me, there's no goodbyes...
3:55 pm on April 21, 2008 | Joined Feb. 2007 | 354 Days Active
Join to learn more about marshmellowman England, United Kingdom | Straight Male | 7635 Posts | 16960 Points
( 420Mike )


Visionary
Sustainer 		Reply
Quote: from marshmellowman at 6:55 pm on April 21, 2008
A grant is a non repayable denomination. A loan is repayable.

So i'd have to look into these loans to check the interest rates, and whether or not I have to pay while attending college?

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*My responses are for entertainment purposes only.  
Nothing posted shall be conceived as factual information.

3:57 pm on April 21, 2008 | Joined Jan. 2007 | 378 Days Active
Join to learn more about 420Mike Brazil | Straight Male | 3580 Posts | 8206 Points
marshmellowman


Enlightened One
Patron 		Reply
Quote: from 420Mike at 11:57 pm on April 21, 2008
Quote: from marshmellowman at 6:55 pm on April 21, 2008
A grant is a non repayable denomination. A loan is repayable.

So i'd have to look into these loans to check the interest rates, and whether or not I have to pay while attending college?


I'd think so. Definitely don't just blindly apply for them.

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Environment 101: Reduce, Reuse, Recycle!
tell me, tell me, there's no goodbyes...
4:05 pm on April 21, 2008 | Joined Feb. 2007 | 354 Days Active
Join to learn more about marshmellowman England, United Kingdom | Straight Male | 7635 Posts | 16960 Points
PimpMyHoes


Visionary 		Reply
those are all loans. none is free money

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http://www.youtube.com/watch?v=snA727obT58
4:08 pm on May 12, 2008 | Joined Dec. 2007 | 124 Days Active
Join to learn more about PimpMyHoes Virginia, United States | Bi-curious Female | 6646 Posts | 8114 Points
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