I am going to be going into a two year paralegal program starting in the fall and I am pretty sure that I got the Stafford Loan for ,500 and I got a grant for about 0. The Paralegal program will end up costing about ,000 so I’ll need to take out a private student loan.

I find all of the financial aid and loans to be very confusing but I was looking at a private loan through Chase Manhattan bank that didn’t seem so bad. I was wondering about loan consolidation. Are there any banks that will consolidate federal stafford loans and a private loan together to help you have a lower monthly payment? Chase Manhattan said you cannot consolidate a federal and private loan but I was wondering if maybe another bank would do that? Or is there another smart way to go about handling your loans after graduation? I’m just trying to think of the whole picture and plan for graduating.

Also, when you take out a private loan it seems like they all have the variable thing going on..why don’t they offer a fixed rate? Do you try to consolidate and get a fixed rate when you’re done school?

Like I said before…financial aid is very confusing to me. Any help would be greatly appreciated.
Thanks!

I have student loan subsidized and unsubsidized total of about 20000 with 4.25% interest rate and citiassist (private loan) of 6000 with the same interest rate all from citibank. Can i consolidate my loan with lower and fixed interest rate? Citi doesnt consolidate any more.

I do not have the best credit but in desperate need of a private loan to get a new laptop. (My other one just died.) Is there a way to get a student loan for my bad credit where the check will get sent to me and not my school and I can pay for a new laptop?

Thanks!

I currently have no credit history, and no available co-signer for a private student loan. I have exhausted my availability of government sponsered Stafford loans and Pell grants. I need a private loan in the amount of around 2000 dollars to supplement the remainder of my tuition that will be paid out-of-pocket through working on nights and weekends in two jobs.

I am getting ready to pay back my Sallie Mae student loans and they are expecting me to pay approximately 0 per month for my private loan. The only other alternative they gave me for a lower monthly payment was the Interest Only option, which I have heard is a horrible choice. Given today’s economic condition and the difficulty of college graduates finding jobs, I don’t know how they can expect people like myself to pay 0 per month. Are there any private consolidation companies out there right now that can significantly lower my monthly payment?

Thank you!