WARNING: Severe Whine Alert

PWCorgi

Priscilla Winifred Corgi
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#1
As some of you know, I transferred from BU back in PA to the University of Minnesota for college, for a variety of reasons, though mainly for an upgrade in quality of education and because staying in PA wasn't really an option anymore.

Anyway, the university is amazing and everything I'd hoped for, I love class and I'm being taught by professors who I respect in the field and whose work I read when I was in PA. I feel intimidated by it, but it's amazing.

Then what's the problem? What's ALWAYS the problem? Money, of course. I owe ~7,000 for this semester. I still have some financial aid stuff going through, though it's based on parental credit, so I'm 99% sure it'll get declined. I have $1,300 available for work study, but all the work study jobs limit hours so I doubt I will be able to get it all.

As a transfer I had to schedule my classes 4 days before classes started, which left the only classes open being super spread out throughout the day and all senior level classes. Goody!

So basically, from what I understand, I have to pay the 7,00 before the end of the semester or I can't schedule for next semester, or I drop out and start paying the few loans I actually got. I love school and always dreamed of going all the way to Ph.D., but at this point dropping out seems like a good idea, the amount of stress that this situation is causing me isn't even worth it. Plus you can't do much with a bachelor's degree in Sociology and my ability to afford grad school? Yeah right. I don't even see the point anymore.

I have an interview for a work study this Wednesday and after that I am going to call Panera and see if they will transfer me out here for weekends since I dropped a class to try and make a few slots for work, but that isn't going to put a dent in what I owe. Not to mention that I am paying for groceries, etc.
I need to figure out how to look into getting more loans but I don't even know where to start and my only potential co-signer isn't a relative and is in PA, which makes it pretty much impossible. I could have done all of this before I left of course, had they not had to wait until I scheduled classes to give me my financial information, aka: last week.

I just feel like it's a lost cause, and being a soc major definitely isn't helping, I've read enough strat research, etc. to know I'll probably end up in a dead end job to make ends meet.

/whine

Seriously though, I realize that it could be so much worse, and I am more than grateful for what I have in my life, but I can't help but to feel like everything that I've worked for hard for educationally is getting tossed out the window.

I don't really expect anyone to read this, but it felt good to get it out.
 

Baxter'smybaby

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#3
Ah money woes--college is certainly not easy when money is an issue--I feel your pain (in that we have a son in college--and not enough money!)_--I wish I had some productive suggestions for you. I hope that in time you can figure things out--can you attend school part time?
 

CaliTerp07

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#4
Where have you applied for loans from? The FAFSA/federal aid, I'm sure, but have you worked with regular banks? My husband had about $20k worth of loans from all over the place when he graduated--Sallie Foster, Bank of America, I don't know where else. After graduation we consolidated them into a single payment each month, so I don't really remember where they came from.

Basically, are you sure you've exhausted all your loan options? Then you wouldn't have to deal with paying it back until 6 months after you graduate (if you go straight to grad school, it's deferred until you're done with THAT!)
 

bubbatd

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#5
I think some financial aid should be forgiven today . Two of my kids have paid in for years and way over their original loans because of interest ! Give them a break and let them help the economy !
 

PWCorgi

Priscilla Winifred Corgi
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#7
Bax, part-time will mess with the financial aid that I am receiving right now, unfortunately :( If I was going to do part time I would probably end up trying to find a community college.

Cali, the loans I have right now are like Ford/Perkins loans, and they all came through the U, I just had to do the counseling. I have not started checking with regular banks as I just found out that I owe the 7,000 a few days ago, but the problem with most of those is that I don't have a co-signer. Well, I do, but most places (the banks at home at least) will not sign unless they are a relative.

ACamp, I will look at that. I know I got one subsidized and one unsubsidized federal loan through my university, but I'll have to look and see if there are more available.

Thanks guys!
 

mhabca

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#8
Go to the Student Services Office. They will have tons of information on all the various options for financial aid. You can find more information about it here:
Financial Aid

They are there to help you figure all this out.
 

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