BILL'S ANSWER
My first recommendation is that you go sit down with a financial aid advisor at your school, explain your problem, and find out what he or she recommends. When I was in school, I found myself in a similar situation, and found my school's financial aid advisor to possess a wealth of information about available loans, grants, and scholarships. Your advisor should be able to direct you to private lenders willing to loan money to students with poor credit, including those without co-signors.
Given that you have already completed the FAFSA and need additional funds, you will probably require private student loans to bridge the gap between the FAFSA funds and your actual tuition expenses. Private student loan financiers know that the majority of students have not yet established a meaningful credit profile, so many lenders do not focus on students' credit scores when making lending decisions. However, these lenders tend to charge rather high interest rates on their loans, especially compared to federally insured loans, so you should work to repay any private student loans you obtain as soon as possible after graduation. Again, I recommend that you speak with your school's financial aid advisors to find out more about private student loans.
A possible alternative loan resource you may want to explore is www.Prosper.com, a site which puts private lenders in contact with private borrowers. A private lender may be more willing extend you a loan than a traditional bank.
For more information about student loans, I encourage you to visit the Bills.com student loans page.
Best of luck in finding a loan to help finance your education. I hope the information I have provided will help you Find. Learn. Save.
Best,
Bill
www.Bills.com
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