Jun
18
How can I pay for graduate school with bad credit and maxed out Stafford loans from undergrad?
Filed Under Financial Aid
bresmama asked:
I owe approximately 24K from my undergrad, and I’ve only been late one time last year. I applied for a Plus loan and was denied based on credit. I’m in my first semester and am struggling to come up with a way to pay! HELP!
And FYI I work on average 50 hours a week as a sexual assault counselor along with raising two boys.
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I owe approximately 24K from my undergrad, and I’ve only been late one time last year. I applied for a Plus loan and was denied based on credit. I’m in my first semester and am struggling to come up with a way to pay! HELP!
And FYI I work on average 50 hours a week as a sexual assault counselor along with raising two boys.
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4 Responses to “How can I pay for graduate school with bad credit and maxed out Stafford loans from undergrad?”
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Get a job.
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Try becoming a research assistant or a teaching assistant… they usually get their tuition paid for plus a stipend.
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Use your Bachelors to get a job. Pay off your loans. Rebuild your credit. Don’t let your kids suffer because you screwed up. Don’t compile your issues. Once your life is back in order, consider school.
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Graduate school has guaranteed loans just like undergrad. Graduate school also has different limits. You should qualify no matter what your credit looks like.