Financial advice for a college student?

1 Answer

Answer :

Your financial aide office is the right place to start. They will be able to tell you if you qualify for any grants grants are much nicer than student loans because they are free and you don’t have to pay anything back.. you can qualify for them based on your income and many other factors , and you should also apply for any and every scholarship you can get your hands on. It may be a pain in the butt to fill out all the paperwork, but it is well worth it. It’s like signing up for a chance at free money with WAY better odds than publishers clearing house.. especially if you are a goof fit for that particular scholarship. Don’t fall for the easy cheesy forms that the student loan sharks pass out. They are typically easier to get so many people just do it without researching. Research is your best friend. Sometimes student loans are just necessary but exhaust all other options first.

Related questions

Description : Any advice when looking for student loans/funding?

Last Answer : Let me warn you now: Don’t be fooled by those fake FAFSA people who charge you to process an application. Applying for FAFSA is free. It is a government program. My dad got tricked into paying for it… I shoulda set it up for him

Description : Anyone know of a way for a college student who has a job to make some more money?

Last Answer : My prom date stripped to pay for her college tuition.

Description : Need financial advice ASAP?

Last Answer : Can you pick up a job driving for Uber or delivering pizzas? Pizza tips can be good in the right neighborhood. And I think Uber pays daily. Maybe someone else can weigh in with more information.

Description : Can you give me some financial advice on paying off our house?

Last Answer : answer:Yes, he's right. Any time you're doing something special' (i.e. non-routine) think of all the ways they could screw it up, and plan for that. Meaning: write a separate check for the ... a mortgage or a straight bank loan or what? Don't get a higher interest rate and squander your money,

Description : Any advice about financial planning?

Last Answer : answer:Invest as much as possible while you're young and take risks. There are 2 major factors for building wealth: starting early and taking on risk. If you can start early, the magic of compounding interest ... never got the raise (or that you got a smaller one than you did) and invest the rest.

Description : Legal/financial advice: This is a scam right?

Last Answer : Scam… Can’t you make a cashiers check for however much you want? Why the hell did he make it for 16 grand? Just destroy the check like you said you would.

Description : How can I increase my student loan?

Last Answer : You can apply for a new student loan in another jurisdiction.

Description : How can I get a student loan?

Last Answer : Do you live in the US?

Description : The choice of a possible criminal over an innocent student which would you do?

Last Answer : 1. No one deserves to be murdered, guilty or not. 2. If someone held me to gunpoint, chances are I would be too distracted to comprehend such a complex situation. 3. I would only ever kill ... so it would be highly suspicious and I would be tempted to not shoot just to see what happened next.

Description : Does anyone know a good company to consolidate student loans?

Last Answer : Welcome to the real world! you think it’s bad now . . . wait till you get to form a family with kids. . . . you’ll need all the training and disciplne you can learn at this time. Check out www.SallieMae.com

Description : Can people claim bankruptcy to get out of paying student loans back?

Last Answer : The short answer is maybe. It will depend on what kind of bankruptcy you claim. New bankruptcy laws make it harder to get rid of the principle loan but will forgive the interest, late payments, and so on. Chapter 7 or 13 or 11? It can get very confusing.

Description : Does it matter which lender I choose for my federal student loans?

Last Answer : The differences have to do with the fine points of repayment. Check out this article to see if any of these apply to one or the other. Also, Fifth Third bank has had some problems with government auditors. Good luck, PnL!

Description : Best interest rate for private student loans?

Last Answer : citibank mine seem to be really low what is your current rate?

Description : Can I "sell" my student loans to another company?

Last Answer : I'm actually sort of in the same position. From what I've been able to tell, there aren't many, if any loan companies that will consolidate all your loans and put off repayment. You may have to ... so hardly any US lenders wanted to deal with me other than Sallie Mae (but they're super corrupt).

Description : Do you have any advice for a first-year college student?

Last Answer : Do your homework and show up to class. You might not “have to”, but you’re going to college to learn, so make sure you’re actually learning. If you don’t, you’ll be paying to waste time.

Description : Did you ever make a financial decision that was illogical that worked out ok?

Last Answer : I haven’t, but Rick does all the time.

Description : Looking for a financial assistance solution for my pet injury site's viewers, besides pet insurance. What are some web affiliates for this?

Last Answer : Care Credit is the only one my area offers and it sucks. Either you have the money or you put your pet down, that’s your two options.

Description : Are you going through a hard financial time right now?

Last Answer : Always. And I’ve worked so damn hard in my life.

Description : How large of a financial catastrophe would it take to leave you homeless, and how quick would homelessness occur?

Last Answer : It wouldn’t take much, sadly.

Description : How do financial planners earn their money?

Last Answer : answer:I found a site that answers your question better than I could. I actually read it too. Seems solid. http://moneyover55.about.com/od/findingqualifiedadvisors/a/finadvisorfees.htm

Description : How do you react to a sudden financial blow?

Last Answer : Very first words exclaimed: “Muthafuckin’, dick-sucking, whore!” I save this for such occasions. It’s special.

Description : What would you do in this financial bind?

Last Answer : answer:Keep paying your debts and rebuilding your credit scores. Put as much of that $6000 as you can into a CD. The more you have for a down payment up front, the easier it is to get a loan. You may be able to find a foreclosure for cheap, if you are willing to go to all the sherriff’s auctions.

Description : In your worst financial times what have you done to pay bills and make ends meet?

Last Answer : I've only been that desperate a few times in my life and that was when I was married. My ex wanted us to borrow money from a relative and I flatly refused. We (he) got us into that mess, we ... we did and along with his regular job, he mowed grass to help out. It all worked out within 3 months.

Description : Judging by recent financial trend, should I convert my holiday spending money now or later?

Last Answer : I may be off, but if they cap the well, I would think maybe stocks would rise. but exchange rate?? I’m not an expert at the quirky international rates and how it is affected by stocks? Is there are correlation?? Awesome question.

Description : How can i avoid letting financial difficulties bring me down?

Last Answer : This may or may not help but my parents always told me to remember that “this too shall pass!” Try to focus on the fact that this will not last forever.

Description : What kind of professional would be best suited to provide guidance on a complicated real estate/financial problem?

Last Answer : A real estate broker, agent or attorney.

Description : What would be the best financial decision?

Last Answer : Use an IRA to invest in a mutual fund.

Description : Do you manage your own retirement investments or do you consult w/ a financial planner?

Last Answer : We do it all ourselves through Vanguard, we look for good mutual funds with long term gains. I used to have a planner, but then realized with a little bit of work on my part, I didn’t need one and in the end I’m saving money because I cut out the middle man.

Description : Financial idea: crazy enough to work? or just crazy?

Last Answer : yeah, I don’t deposit money into my ROTH IRA anymore, it was getting tanked with losses, so now I’ve just been putting my money into savings, and mutual funds that have a track record for slow and steady growth.

Description : How do you find a financial consultant, and how do you choose one?

Last Answer : The National Association of Personal Financial Advisers can help you locate the registered advisers in your area. As to vetting them, well, I guess you have to do the usual-asking around, checking references, ... home insurance (if ever). Jane Bryant Quinn's book is very helpful in all of this.

Description : What to do about this tough financial decision?

Last Answer : Well my first suggestion is to talk to a financial planner so that you can actually calculate out the costs of both options and get high quality advice. You should be able to estimate the summer gas costs for ... much less than a new car costs. Look around for used Civics, they're not at all rare.

Description : How wealthy must you be to hire a financial planner?

Last Answer : I started my account with only $100.00 a few years ago. My planner didn’t have any limits on how much I needed to open an account.

Description : Does the financial site Mint.com support Canadian financial intitusions?

Last Answer : answer:No. From the site: Aaron Patzer created Mint as the antidote to current online financial management solutions, which require accounting knowledge and hours of maintenance. Aaron is ... and a BS in computer science, computer engineering, and electrical engineering from Duke University.

Description : Can you offer advice on my situation with my younger brother?

Last Answer : He's old enough to make his own choices so it's not like you would be turning your back on him. He needs to want to leave her bullshit behind 100% on his own, otherwise he will just end up going back ... you can do is make sure he understands you will be there for him when he's ready to move on.

Description : Could I get some advice regarding mailing a check to my bank?

Last Answer : answer:In the past I've written my own deposit slip when I didn't have one. (In fact, it's the old-fashioned way to do it. Banks at one time did not provide pre-printed deposit ... belt-and-suspenders thing, I'll repeat the account number under that endorsement, before I counter-sign the check.

Description : Advice on paying debt collection?

Last Answer : answer:If it happened to me, no I would absolutely never pay a collection agency. If she wants to pay the actual phone company, she should call and discuss it with the billing department. Even then ... many local elected officials as I could to get some assistance in getting them to leave me alone.

Description : I am going to try to get a house in a year or so, In military, need advice.

Last Answer : Wow. I would wait until you have about $10,000 in savings. Owning a house gets expensive. It isn't just the mortgage payments, it's the repairs you have to do. If you work hard at starting to ... will still be decent in two years, and by then you will have a few more certainties and some savings.

Description : What advice can you recommend a beginner to online poker?

Last Answer : My advice: Don’t play online poker. I never trusted the integrity of and it is easier to become addicted. Just play live 2/4 Limit games. Maybe play a tournament. You’re play is going to continue to be up and down until you’re a real professional.

Description : Can you help with advice for a friends debt?

Last Answer : You have not provided sufficient information for real advice. What are her living circumstances, employment and income details, commitments aside from credit cards etc. Does she have assets - equity in property etc., as ... a very long time, but it might give her a chance to get back on her feet.

Description : Any advice on setting up your first IRA account?

Last Answer : answer:I don't know a lot about IRAs, but I Will Teach You To Be Rich is a great resource for learning about finances and investments. Just go there and search for Roth IRA and you'll come up with ... 're a good place to check into. They've also got some good basic FAQ on IRAs on their website.

Description : Could you help me with investment advice?

Last Answer : most internet brokerages are going to require around $1,500 - $2,500 to open an account. Even with this amount, your best bet is to begin with mutual funds (especially with limited investing knowledge) ... see a company you would like to invest in, buy some shares and build your portfolio over time.

Description : California Jellies: Any special tips for college funds for kids?

Last Answer : There is no tax advantage for starting a 529 plan in California. I recommend using Iowa or Utah’s 529 plan. My wife and I used College Savings Iowa for our daughter. We used it because it uses Vanguard index funds which are low cost.

Description : Is this a good choice for my college path?

Last Answer : Yeah, it’s a great way to save money and work on your GE requirements while you figure things out. You can transfer to a university any time once you figure out what you want to do. Go for it.

Description : College Cost Reduction Act-What will it do for current teachers?

Last Answer : My U just raised the price per CH. If anyone knows anything about this, I’d be grateful to learn about it.

Description : When saving for college what is the best plan or program to use?

Last Answer : The plan that has the best historical rate of return for the level of risk that you are comfortable with.

Description : Why did you go to college?

Last Answer : I wanted to further my education. My parents expected me to. I liked the social aspects. I wanted a job with a higher salary (crap to that).

Description : What is a reasonable price that a college senior with lots of babysitting experience should charge for a babysitting job?

Last Answer : where do you live

Description : Starting a college fund for my children...

Last Answer : answer:Check out the Vanguard College Savings Center: Vanguard Or call to speak to one of their Education specialists; 1–866-734–4533 V’guard funds are famous for their low fees and good staff to speak w. I would stay away from banks and their savings acc’ts (low interest, in general.)

Description : Why can I buy a 2$ cup of coffee with my Visa card, but not pay for my college tuition?

Last Answer : answer:Maybe your institution is anti consumer debt, unlikely but possible. Maybe they just wish not to pass along the fees to you in the form of increased tuition, again probably unlikely. Merchants ... gig huh? Credit Card companies make money off you for lending it and merchants for accepting it!

Description : Which one of these is better course for 3rd Year B.Com Student: 1. Diploma in Finance & Accounts with GST or 2. Financial Modeling?

Last Answer : I am going to assume you are working towards a Bachelor degree in Communication. What else does B.Com mean? If so, you are not communicating well with all these abbrevaitions and jargon. ... . Until you understand a balance sheet and an income statement, the rest is just woindow dressing.