May
31
Mariaish
I’m going to attend a career technical college (private school) for a LVN program. Tuition is $24,000. They can currently not accept federal loans so I’ve been looking for private loans but the banks want the name of the school but that school isn’t listed. Any banks that you may recommend.
I’m going to attend a career technical college (private school) for a LVN program. Tuition is $24,000. They can currently not accept federal loans so I’ve been looking for private loans but the banks want the name of the school but that school isn’t listed. Any banks that you may recommend.
Ahhh what to do????
This is a fairly new college and they are currently waiting to be approved for federal loans. They used to have SallieMae. They’re trying to get together with them again.
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3 Responses to “I’m having trouble finding a loan, can you help?”
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I don’t know if you have tried any of these banks but i will make a list:Chase Bank, Sallie Mae, Wells Fargo ,Citigroup, Bank of America.
I cant think of anymore but all of these companies have private loans. I am not sure if they will have the name of your school listed.
Hope that helps!
All student loans (private and federal) have to be approved by the lender and the school has to be an approved school. If the school is not approved, then no loan.
My advise: You need to attend a school that is eligible to accept federal grants and loans. That tech school is ripping you off. There are MANY reasons why schools are not eligible to receive federal funding…. and not a single one of them is in your favor. Run…. don’t walk to the closest community college or vocational school for your LVN. You’ll pay about a 10th of that “for profit” tech non-college.
To check to see if a school can get federal fin aid go to:
Are you sure that you want to take private loan? Do you realize that you might have to pay it for ages? Have you consider to apply for scholarship? Some friends of mine in college told me that they have valuable information regarding scholarships from this place.
Good luck