cuteascanbe

Thanks for answering! Sorry for not specifying enough, I already took out the stafford (sub and unsub), that's why I want to look at others. Basically, my school has a fix tuition rate for undergraduate years, and it's predicted I will pay $5,665 per year while I am an undergraduate. My income does not effect financial aid (except stafford) since other fin aid are based on merit. It is very likely that I will make $15,990 for my 6 months co-op next year. And I will use that money to pay for tuition this year (if I took out loans) or add it to my bank account to fill in the hole. More advice, please! Thanks! ****It really doesn't matter much if I took out a loan of 6.5% or 10.5%APR, since I WILL be paying all of it in 2 years comfortably (I still have half of co-op money, and I do repeat co-op cycle 3 times as part of education).

With grants and scholarships, I lowered my tuition & fees bill to $5,665 per year. My family does not have the ability to pay for this sum, therefore, I can only result in two options: (1) Savings Account accumulated from the time of my birth $6000 (2) Loan from a federal/private sector (not stafford though) What should I do? My savings can barely cover for it, but should I loan? I have co-op next year and am able to make approximately $15,990 per co-op cycle. If I loan, I will only have to pay interest for 18 months (1 year for this year, and half a year for co-op cycle). I am at a crossroad, what should I do? Please help as soon as possible!