without a cosigner

[a lone student]

Hello,

 

First of all I'm new to the forums and I want to thank those who take the time to help.

 

I receive a decent scholarship from a collection of school, state, and federal grants. However, I still need to take out at least 10k in loans for the 09-10 year. I could ask my parents to cosign but they are currently in the process of renovating their business and a lot of their money goes towards that. I heard that if a student takes out a loan without a cosigner that the rates are way higher. I have a very good credit history and I'm in good standing with the university. What would you recommend? Should I just forget about trying to help my parents and ask them to cosign or are there other options for students with good credentials. Ideally, I would like my parents to concentrate on their business rather than lose sleep over my bills.

 

Thanks.

[johnnyt6]

did you try wells fargo connection loan?

[LynnInMN]

Have you done a FAFSA yet for federal aid? Maxed out your federal loans?

[a lone student]

I completed my FAFSA and got several thousand in various Federal money including loans.

 

I took a look at the Wells Fargo loan and it seems suitable. I'm sent an email to them with several questions.

 

In general, after they are satisfied with my info and background check, does it take long to get a loan? In other words is getting a loan of more than 10k going to take a while?

 

Thanks,