Question: Federal vs private loans for a struggling student? Help!!?
So I transferred from the university of akron in my home town to a community college in another city. My dream is to become a firefighter paramedic and I’m very involved in the local programs and meetings. I’m struggling because financially it’s very difficult to afford living here and my dad lost his job. My car I use to get to school broke down so I’m walking 3 miles to class. I’m just really having a hard time. I tried taking out loans to afford living here near campus. (Its all off campus housing) I would have had enough loans to help with rent and finding transportation but my school doesnt give out the funds until like 30 days after classes and they force you to buy the books for twice the price at their book store. I’m regretting getting into debt just to not have access to the funds anyway. If I take out small private loans will it be easier for me? Or is there a way to use federal loans and like actually get to use it for rent and what I need it for? Thank you