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- Feb 8, 2011
Sup famb, I'm approaching the end of my time in college. I am currently 25 and have above a 3.0 GPA and In Georgia I was milking the hope scholarship until i was ineligible for it (after 7 years of completion of high school you become ineligible for it (I started school late, worked after high school now I'm paying the price
"literally")) well I'm in a situation now where the only way I can afford to complete school is taking loans or taking a break from school maybe a semester and then working to save up. I'm leaning towards just taking out a loan, but not sure how they work. Lets just say I owe $500 after financial aid is applied and I only work part-time. My question is I'm not sure how loans work should I accept the loans offered by the school?
"Direct Sub Stafford Loan Offered Fall Semester 2015
$2,750.00
Offered Spring Semester 2016
$2,750.00
Fund Total:
$5,500.00"
"Direct Unsub Stafford Loan Offered Fall Semester 2015
$3,500.00
Offered Spring Semester 2016
$3,500.00
Fund Total:
$7,000.0"
I only owe around 500 this next semester so I'm sure it would be unwise to take the 7,000 loan right?
serious thread, seeking advice on whats the best course of action I should take.
![SMH :smh: :smh:](/styles/default/xenforo/NTemojis/smh.gif)
"Direct Sub Stafford Loan Offered Fall Semester 2015
$2,750.00
Offered Spring Semester 2016
$2,750.00
Fund Total:
$5,500.00"
"Direct Unsub Stafford Loan Offered Fall Semester 2015
$3,500.00
Offered Spring Semester 2016
$3,500.00
Fund Total:
$7,000.0"
I only owe around 500 this next semester so I'm sure it would be unwise to take the 7,000 loan right?
![Nerd :nerd: :nerd:](/styles/default/xenforo/NTemojis/nerd.gif)
![Eye Roll :rolleyes :rolleyes](/styles/default/xenforo/NTemojis/eyes.gif)
serious thread, seeking advice on whats the best course of action I should take.