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View Full Version : college/student loans, and the like


The Notorious LOL
07-29-2007, 01:07 PM
so lately I have been debating enrolling in an actual college for either an AAS or a Bachelors.

As of right now Im half ass attending a self paced computer certification training school...and while its not bad, I cant help but feel like a lot of it could have been done by myself just reading the books.

By the end of September I hope to have Cisco certification (which probably means nothing to 90% of this board) which will set me at a more desirable payscale.


Now, the downside of the above mentioned training is it was financed thru private loans. Nothing outrageously expensive, but as of right now I have about $8000 in loan debt.

My thought is that since I already have my foot in the door regarding IT work...getting an AAS or Bachelors would put me above others since a lot of people who start out have the degree and no experience, or have the experience and no degree. It seems to be a variant based on the company as I know MIS Bachelors graduates with $15 an hour jobs and 1 year tech program graduates with $100k Systems Admin jobs.

Anyway...my question is is if I finance thru an accredited college and qualify for loans and what not...are there any loans that are NOT private that I could use for "living expenses"? In essence, I would not even use the loans for that as I would still work full time and attending evening classes. My thought is is if I can get a loan that'll cover something beyond just books and tuition at a low interest rate I can knock out a chunk of some of that high interest private loan debt with it, and at least that way I would be paying significantly less in interest.

ET
07-29-2007, 08:38 PM
I doubt anyone is qualified to answer that question on this message board besides maybe Documad or Beth. They're so smart. I would like an answer as well.

befsquire
08-04-2007, 12:40 AM
i wish i knew the answer to that. it seems that in florida, every university is different. the university of florida seems to give you whatever they decide when it comes to the guaranteed student loan (stafford), while the university of central florida allows you to choose whether you want the maximum allowed or a lesser amount. i can't remember how much the maximum is per year while working toward a 4 year degree, but when i went to graduate school, the max per year was $18,500.

find someone who went to the school you want to attend, and ask them whether they got the max allowed per year, or whether it was restricted in some way.