Bad Credit Agency

What resource is available for student loans with bad credit and no cosign?

The student has excellent grades, but terrible credit and no possible cosigner

Public Comments

1. Have you tried for federal student loans, such as Stafford. They are usually given on a need basis.
2. The best loan to get is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don't need a cosigner or good credit for it. For more info go here: http://www.studentfinancedomain.com/student_loans/perkins_student_loans.aspx The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Learn more here: http://www.studentfinancedomain.com/student_loans/subsidized_stafford_loan.aspx You can also try to get a grant or scholarship, which are both free money sources that you can use to pay for school, and you don't have to pay them back. You can read about grants here: http://www.studentfinancedomain.com/financial_aid/college_grants.aspx Here are sites that offer grants: http://www.fedmoney.org/ http://www.freegovmoney.net/ http://www.grants.gov/ You can read about scholarships here: http://www.studentfinancedomain.com/financial_aid/college_scholarship.aspx And here are some good sites that offer scholarships: http://www.findtuition.com/scholarships/ http://www.nextstudent.com/scholarship_search/scholarship_search.asp http://www.brokescholar.com/ http://apps.collegeboard.com/cbsearch_ss/welcome.jsp http://www.educationplanner.com/education_planner/paying_article.asp?sponsor=2859&articleName=Grants_and_Scholarships http://www.studentawards.com/ http://www.college-scholarships.com/ Good luck!