Skip to main content
index page

Student Debt

Submitted by jonarod12 on Thu, 04/07/2011 - 15:40
Posts:
Credits:
[Donate]

Hi, I am in a very bad situation and in need of some serious advice.

I am a sophomore in college. After completing my fall semester I was unable to my tuition ($4500). Because of this it was forwarded to an outside credit agency. After discussing the matter with them I found out that I have until April 15th to either pay off the debt or settle on a repayment plan with. I really want to be able to enroll for school but won't be able to until the debt is settled. If I make a repayment plan it will last about 8 months, January of 2012, to fully pay the debt off. This is much longer than I would like to wait because not only will I be out of school for a year but I will be forced to make these payments as well as payments on loans from my freshman year. My question is, are there any loans that I would be able to take out or any other ways of settling the matter that would prevent me from having to take this long route? Any advice will be helpful as I am completely lost and in up past my head. Thank you


I filled out a FAFSA and all before the school year started but the school apparently lost my parents 1040 after I faxed it to them and failed to inform me. It's still my fault because I didn't stay up to date on the status of my financial aid. I have since re-sent the necessary forms but I don't think I'll still be able to receive any aid this late in the game.


Submitted by jonarod12 on Fri, 04/08/2011 - 21:45

jonarod12

( Posts: | Credits: )