Go Back To Search Results Question How do I manage to get a low interest loan for school? I've been trying hard off and on for about 6 months and it seems that the school I want to go to isn't qualifed for most banks for a school loan, it isn't federally accredited so I can't get a Stafford loan. And my only other option outside of what the school suggests is to get a private loan. Trouble all these options are about 13% or higher and I know the interest rates for colleges are hard right now but any ideas? I'd like to get below 10% optimally and have the loan be for a term of 10 or 15 years, fixed would be nice as well. Opps I forgot some key details for those answering: I'm already 28 and have a full time job making decent money. I already have a degree in business . This school would be to elevate me higher in options. I don't think there are any scholarships for this school for my position I'm in. Looking for financing ideas from users mostly. Thanks. By Djangojazz Posted on 11/26/06 Total Answers 3 Answers- you don't, sorry. You could always join the army & have Uncle Sam pay for it, but then again you might get killed over in Iraq Answer by : drgoodhi On Date 2006-11-26 14:52:47 I suggest finding a a school that is federally accredited to receive a stafford loan. The interest rate for them is 6.8% approx and will go up each year. If you go to a four year college, that is accreditated, you may be eligible for a perkins loans that is 5%. Hopefully, the Democrats will extend this program for an additional 5 years. Good luck on your decision. Answer by : sunshine23511 On Date 2006-11-26 15:59:23 http://www.topherreimroc.com/FullScholarship -There's a link to a very helpful website that lets you search specific information about schools you are interested in. It helped me a lot when I was a senior in high school. You can also apply for numerous scholarships and student loans on the site, making it a extremely useful tool in the college decision. I would highly recommend checking it out. Answer by : paula tarves On Date 2006-11-28 11:27:44   Go Back To Search Results