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I'm completely broke.

post #1 of 20
Thread Starter 
Ok, I was already in a precarious financial situation but now I'm in BIG trouble.

I'm a full-time student, living on student loans and on my savings. For the last year, I've been getting just enough money from student loans to pay for tuition and to pay the rent. Everything else came out of my savings and some help from my ex.

Right now my savings are down to nearly nothing and my ex is broke too so he can't help me for a while. But I thought that with my tax refund coming in and with student loans still paying the tuition and rent, I'd be alright for the summer.

Now I just got an email from student loans saying that they re-evaluated the amount of money I was entitled to for the past year and lowered it by $3,000. According to the new evaluation, they already gave me $800 more than I was entitled to for the year. So I'm getting nothing for the summer (not even tuitions) and they'll probably take that $800 off next year's loans.

I don't know what to do now. I don't know how I'll pay the rent.
post #2 of 20
Are there any part time jobs you can get for the summer?? Cutting back on the number of classes to reduce tutition costs?? Don't do one of those payday loans as they are trouble!!
post #3 of 20
I know it is to be broke Gail's is a good idea, a part-time job maybe in order, my advice would be serving as you get cash on a daily basis. I have to work 2 jobs to pay my bills, sucks big time, but sometimes ya gotta do what ya gotta do, hope everything works out for you
post #4 of 20
What about a waitressing job? That way you could make tips and have them everyday?

Or do you have anything you can sell? (Thats what I always try and think of when I need money)
post #5 of 20
I agree with the others - are there ANY part time jobs around your area? I'm sure there will be something good that comes up for you.

I'm so sorry to hear about your situation - I've been there before!

Good luck to you, you know we're all here for you!
post #6 of 20
That is terrible!! I hope you can find a summer job or something to help make ends meet soon!! good luck!
post #7 of 20
Thread Starter 
Yeah, I might be able to find some job. But I can't cut down on tuitions because it's too late to cancel the first class and I really need the second class.

For now, I might have to call my parents for money, which I REALLY don't want to do.

But first, I guess I should go talk to the student loan office and figure out what's going on.
post #8 of 20
Marie whatever you do, if your struggling and can't pay rent, loans etc... be honest with them and tell them before they come to you.

Working in an office part of my job is chasing up outstanding accounts with clients, and we always say if theres a problem tell us and we'll work something out rather than get ignored then having to end up sticking them in the small claims court
post #9 of 20
I know exactly what your going through Ive searching for a part-time job but its taking awhile to even get called back for an interview Well i told myself i wouldnt stress about it this weekend, so good luck!!! I couldnt even take summer classes bc i had no $ to pay for them, ok thats enough lol
post #10 of 20
Definitely talk with the financial aid department first. Find out what's going on. Then maybe try to find a work-study program.

Otherwise a part time job is a call to order. Serving, bartending, whatever helps you make quick fast money. I use to have about 2-3 jobs during my college years.
post #11 of 20
I know the feeling... it's been a rough month but we're finally coming out of it.
post #12 of 20
I'm so sorry, I know what it feels like to be where you are. A part-time job was the best solution in my situation... hopefully you can find one soon! Check with the college's job department, usually they have student jobs and they are very flexible. Good luck and
post #13 of 20
Things will get better... Talk to the student loan dept .... Are your loans Federal or Private?? or both?? ... Also talk with the counceling dept at school they often know of good employers and may be able to help you get a job...

GOOD LUCK and lots of
post #14 of 20
I sympathise. In the past I have had bar jobs, waitressing, cleaning, sewing and cooking at times when I was really up against it. And have sold my clothes, my record collection (but never my books!). Sit back and think what talents you have that you could make money on - can you cook ( I found that with a little word of mouth, people were really pleased to have someone come in to cook Sunday lunches or dinner parties - and I usually got fed as well) or can you make clothes for people? What about dogwalking or petsitting? If there is nothing that comes to mind, then restaurants and bars are usually looking for extra people in summer. It is hard to do an extra job, but so many people have to do it at some time in their lives, and it can be really good experience. Good luck - I am sure you can do something!
post #15 of 20
Thread Starter 
Thanks everyone for the comforting words.

I went to talk to the student loans office today and they said that if I want my loans for the summer, I need to take 4 classes during the summer.
There are two summer semesters and right now I'm taking 1 class in the first semester and it's too late to add another. So I now need to take 3 classes next semester. It sucks. I was really hoping for a relaxing summer but I guess that's what I'll have to do.

If I got a summer job instead, I'd loose $3,000 in student funding. There's no way I can make that kind of money working, unless I worked full time. So I guess I'm off to go find the easiest classes available for the second half of the summer!
post #16 of 20
Well, with only one class the first half of summer, why don't you go ahead and get a job for that time anyway. You'd have a little extra to put back in your savings at least until the next "hard time" came around.
post #17 of 20
At least a part time job would be OK while you are only doingone class. How many hours a week do you have to be in school?
post #18 of 20
Thread Starter 
I have classes twice a week from 3:30pm to 6pm.

I do have a part time job already, working at the lab at school. I have 65 hours to do some time in the next year. I'll try and do it all in the next few weeks so I can get the money and so I wont have to work in the second half of the summer.

Plus, I'll try to get ahead of the class schedule for my Spanish class so hopefully I can get some of the work for next semester done already.
post #19 of 20
Try taking out private loans. Chase has one, and so does Citibank. This is what I use, as in the past, I have been in similar situations, and I still need extra money to buy food with and stuff (even though I am married). Private loans have higher interest rates (but not by much), but you can take out significantly more than your tuition costs, and they don't have to be certified (in amount) by your school. The only thing you have to do is provide a bill from your college and proof of enrollment... they don't care that you might ask for more than your tuition. Hope that helps.
post #20 of 20
If there are any temp agencies available they have lots of jobs depending on what you are willing to do!!
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