Comments on: Private Personal Student Loans: Advantages and Disadvantages http://fussaboutloans.com/2008/07/05/private-personal-student-loans-advantages-and-disadvantages/ Tue, 06 Jan 2009 00:46:26 +0000 http://wordpress.org/?v=2.5.1 By: UMass Lowell http://fussaboutloans.com/2008/07/05/private-personal-student-loans-advantages-and-disadvantages/#comment-17 UMass Lowell Thu, 24 Jul 2008 17:56:04 +0000 http://fussaboutloans.com/?p=16#comment-17 Good Post! I agree. Every college student needs to always remember to exhaust their federal options first. Even though it's a headache, get that FAFSA done and then use private student loans to cover any additional costs. Usually these costs wind up being living expenses, books and anything else not covered by federal loans/grants. Don't forget about those Scholarships also! Additionally, another advantage would be private student loans are typically sent directly to the student so you don't have to wait on the school to process or say how much you can get. Good Post! I agree. Every college student needs to always remember to exhaust their federal options first. Even though it’s a headache, get that FAFSA done and then use private student loans to cover any additional costs.

Usually these costs wind up being living expenses, books and anything else not covered by federal loans/grants. Don’t forget about those Scholarships also!

Additionally, another advantage would be private student loans are typically sent directly to the student so you don’t have to wait on the school to process or say how much you can get.

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