Andy S asked:


I recently graduated and I’ve heard some companies will offer “loan repayments”. Do I understand correctly that I don’t pay any taxes on this amount? Does it matter if its federal or private loans? Can anyone (employer) offer this type of incentive?

Asa Holden

Shaebee27 asked:


I use to get a loan through my rich uncle but it is shut down. Now I need somewhere to get a loan that will directly disperse to me for my June rent (and the following months).
Any ideas on where to apply?

Blake Mccall

Richard S. asked:


I’m attending an accredited flight school starting November 5th, 2007 and plan to graduate end of March/beginning of April of ‘08. I have already secured my financing through private loans (Sallie Mae / Wachovia). I know it’s too late to apply for federal aid this year. If I fill out the FAFSA on the 1st of the year, how long will it take to receive a Stafford loan disbursement? I believe my school will request the final disbursement from Sallie Mae sometime in Feb. I’d rather get the money from the Stafford loan as the interest rate is about half of what I’m paying for the private loan.
The school is ATP (Airline Transport Professionals) located in Ponte Vedra Beach, FL. I’m attending the Jacksonville location. I could not find their school code on the FAFSA website. I know they are nationally accredited. Does this mean stafford loans aren’t available?

Lamont Cline

biggishhenn asked:


I will be taking out a subsidized loan for the first time, and had a question about the interest. If I take out $2,000 at 5% interest and it is deferred until after graduation, is the interest applied right away or does it start accumulating after graduation? And if I pay off the loan before graduating, do I pay any interest?

Emmett Morin

Trumania asked:


What is the difference. For example typically your financial aid office will award you say a federal Stafford loan and you just sign the promissory note for the lender.

But what is the difference from doing that through your school and actually going to a bank, IE Chase, and applying for a Federal Stafford Loan through the bank? Is it the same thing or is there a benefit from getting it through the school?

If the school doesn’t award you a loan can you apply for it through the bank or are you automactially ineligible?

Rebekah Norris

minibikemulisha asked:


I’m starting my student loan payments of $120 for 15 years. I’m kind of freaking out. I have a full time job, and don’t spend much money. However I am getting older and things are getting more expensive. What do you pay for loans per month? Are you having a hard time?

Julian Larsen

G3RG asked:


I have borrowed more student loan money than I should have, around 50k, and I need to know what are the steps in getting low payments and who to get them consolidated with?

Also what should I expect as monthly payments to pay it off in 20 years? And in 30 years?

Noemi Herrera

abcd098 asked:


I am going to have about $40,000 in student loans when I am done with college. I am going to be teacher so I won’t be making a ton of money for a while? Is there a way to lower my student loan payments? Even with the 15 year repayment plan I am going to be paying about $300/month :-/ Any suggestions?

Ayanna Burke

Bruce W asked:


If I were to be accepted into a graduate MBA program and take out student loans to help me pay, do I have to continue making my normal student loan payments for my undergrad, or do they get deferred til I finish school?

Marquis Rojas

Isle Esme asked:


If I have 20k worth of student loans when I finished with shcool, what will my monthly payments be when I graduate?
Let’s assume it’s a federal subsidized loan..

Amelia Woods