| The cost of a four-year education is skyrocketing. | | | | Secondly, contact the financial aid department of |
| Millions of parents and students face the seemingly | | | | your chosen institutions and ask for federal student |
| insurmountable task of figuring out how to pay for | | | | loan applications that require no credit history. You |
| education after high school. Grants and scholarships | | | | are sure to get an application for federal programs, |
| can help, but many students only receive a fraction | | | | but also ask for any information on loans through |
| of the money they need to complete their education. | | | | private lenders. You can also contact banks in your |
| Loans are a good option even if you have no credit | | | | area and ask if they offer loans for individuals with |
| because no credit check is required for many college | | | | no credit history. |
| student loans. | | | | Research your options carefully and make sure you |
| College loans The United States Department of | | | | know when payments will begin and how much you |
| Education is the largest provider of college loans. | | | | will be paying. Some loans are interest free and |
| They give out over 80 billion dollars of assistance | | | | require no payments while your in school and others |
| annually, and much of it is in the form of loans for | | | | require that you only pay interest on the loan until |
| students and parents that require no credit check at | | | | after you graduate. Once you are comfortable with |
| all. The interest rates are very favorable and, as long | | | | the details of the loan mail in the application and you |
| as you are enrolled as a full time student, many loans | | | | should know what you are awarded in a few weeks! |
| require no payments until after you graduate. | | | | Not having credit should not stand in the way of a |
| How Do I Apply For A No Credit Required Student | | | | higher education. The Department of Education, |
| Loan? | | | | private institutions and many state governments, |
| The first step in researching and applying for a | | | | offer loans that are ideally suited for recent high |
| college student loan is to decide how much money | | | | school graduates and others that have no established |
| you're going to finance. Every school has different | | | | credit. Make a few inquires with the financial aid |
| prices for tuition, room and board, books, etc, so | | | | department at your school and lenders in your area |
| make sure you know how much money you're going | | | | and you should be able to pay for college without |
| to need, or think you will need in the future. | | | | having any credit at all. |