I came here hoping to get answers and I have gotten a lot by reading, however the loan borrowing is still baffling me for some reason. I'm reading discussions, articles and anything else I can get my hand on and seem to be seeing differing answers.
Any help would be appreciated.
My daughter is a junior right now and does not have any extra circulars. Please trust me, she has none as of right now, she studies and reads, that's it. My point is, I'm expecting that to be a problem as far as getting aid from schools. She has 3.9 gpa and doesn't have her ACT scores back yet, her practice ones were 29 and 30. If all goes well, she will graduate with 4 AP classes and two classes at local colleges (don't know if this has the same name everywhere, here it is called Youth Options)
She hopes to get 100 hours of community service over the summer, but in reading it looks like colleges will consider that to be a last ditch effort and might not help her.
So here is my question,
Are there any loans that we (her parents) or she can get every year that we would not owe payment on until she graduates?
I ask this because I keep reading there is a limit to Stafford loans for the student and I have read that the Parents Plus loans starts right after you sign for it. But have also seen the opposite for the Parents Plus loan.
Thank you
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