Hello there.
I was recently approved for a $10,000 Sallie Mae loan for school.
Come to find out it was Unsubsidized and that now I actually need more.
But I used a cosigner in my grandpa.
How do I go back and change the amount. It was already approved but is now waiting for my school to accept it or whatnot, etc.
Can my school not accept the loan and I wont get anything, and how do I change the amount?
Full Version: HELP!!!! Sallie Mae Unsub Loan Help
QUOTE(JPBalin21 @ Jun 11 2006, 04:59 PM) 
Hello there.
I was recently approved for a $10,000 Sallie Mae loan for school.
Come to find out it was Unsubsidized and that now I actually need more.
But I used a cosigner in my grandpa.
How do I go back and change the amount. It was already approved but is now waiting for my school to accept it or whatnot, etc.
Can my school not accept the loan and I wont get anything, and how do I change the amount?
I was recently approved for a $10,000 Sallie Mae loan for school.
Come to find out it was Unsubsidized and that now I actually need more.
But I used a cosigner in my grandpa.
How do I go back and change the amount. It was already approved but is now waiting for my school to accept it or whatnot, etc.
Can my school not accept the loan and I wont get anything, and how do I change the amount?
Sounds like a private loan, not an unsub stafford.
Talk to your FA department. You do not have to accept the entire balance amount offered.
QUOTE(LynnInMN @ Jun 11 2006, 06:52 PM)
QUOTE(JPBalin21 @ Jun 11 2006, 04:59 PM)
Hello there.
I was recently approved for a $10,000 Sallie Mae loan for school.
Come to find out it was Unsubsidized and that now I actually need more.
But I used a cosigner in my grandpa.
How do I go back and change the amount. It was already approved but is now waiting for my school to accept it or whatnot, etc.
Can my school not accept the loan and I wont get anything, and how do I change the amount?
Sounds like a private loan, not an unsub stafford.
Talk to your FA department. You do not have to accept the entire balance amount offered.
Yea its a Private Loan. Unsubsidized it says. I didnt wanna make any interest payments during school for it though.
Also, I need more money, not less. I need another $2,000.
Talk to your FA officer.
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