Student Loans and Scholarships Options for Last-Minute Financial Aid

student-loansWhile the deadline may be approaching to let colleges know what your final decision is, this does not necessarily mean the end for financing college. While you need to accept anything you want from the college they offered you in your financial aid package, there are still other ways to obtain more money to help fund your college education.

Loans– A student loan is probably your smartest option when it comes to loans. For most of these, the payments are deferred until after you graduate or until you are out of school for a certain period of time. Some loans require interest payments while you are in school. These payments are not huge and are quite affordable. By paying off interest while you are in school, it will be much easier to pay off the rest of your loan once you are out of school. By paying the interest, you will have a considerably smaller amount to worry about once you are out of school.

Scholarships– While it may be too late for scholarships through your school, there are many ways to get other scholarships, such as FastWeb. This website still has a huge variety of scholarships they are offering with some that have due dates in early next fall! So scholarships are still an option this late, you just have to be sure to jump on top of any opportunity given to you. There may also be ways to get scholarships for extracurricular activities. Search the scholarship database with more than 400,000 options to see what suits you.

So while your decision may be due, finances don’t necessarily need to be set in stone just yet. While having finances figured out may make things easier, it doesn’t mean you can’t make a decision. If you are confident in your ability to pay for school, then go ahead and send in your forms. But if you are unsure, get as much figured out as possible and then send in everything.

9 Responses to “Student Loans and Scholarships Options for Last-Minute Financial Aid”

  1. Student Loan Help says:

    We are making sure that all students that come to our site visit your scholarship database. We just checked it out and it fits perfectly with our push for more students to gear up and seek scholarships.

    On a side note; I realize this may not be popular, but what do you think about putting in military service to obtain scholarships and college credits while serving?

  2. Billiga lån says:

    Very good post. Keep writing about this subject, im about to launch my school project and i need more info.

  3. Lucinda N. Bravo says:

    Been reading for a few days now. It was very helpful and solid information. BTW, I love your site design as well. I enjoyed reading it and hopefully you will write more soon. Do you have a newsletter? How do I subscribe to the blog itself?

  4. Låna Pengar says:

    With increasing numbers of loan seekers there has been an increased number of fraudulent lenders who take advantage of the borrowers and they disappear with the collateral and the borrower cannot do anything instead he is faced with new problems.

  5. credit unions says:

    I find myself coming back here a lot to read. I’ve learned many new things here. Thanks a lot!

  6. Scholarships website says:

    Hey, I am looking for information on some specific scholarships, who do I contact for it?

  7. mcinnis says:

    the Americans will be unable to (learn to) spell, leaving them

  8. Esc Tech Site says:

    I really hate the way the school system is designed. The cost are so high that once we are done school, most of us are in debt by at least 20 grand. If you don’t do anything but consistently work for a year you can pay it off. Most of us have a life though so it will take a few years to get the cash down.

    I hate the system!

  9. MerrY says:

    I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

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