Any one know a college loan for nursing students here in the philippines?

we need about 60t for my son's affiliation fee

a friend referred to a non-collateral micro-finance.
only to find out the word "non-collateral" is not true. the scheme goes like this
to get my loan
I have to open a checking account
issue postdated checks corresponding my schedule of payment

is it legal?
shall i take this?
will it not further my screwed-up finances?

none that i know of. you can turn to usual lenders, banks, coops, microfinance, private lenders etc. some schools have student loans. anyway 60th would be a big amount and you may need to have a collateral or at least a credit history with the lender you would deal with.

microfinance requiring pdc is usual procedure. its legal but not necessarily moral. microfinance are supposed to help the poor but they actually charge higher than banks.

There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most<!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.

http://best-loans.awardspace.com/student...

Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan-->you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.

unfortunately we dont have Fafsa here..

what my mom and dad used to do, loan from a bank or loan from the company where my dad used to work.. check your bank if they offer this kind of assistance and if you can qualify.. Ask the Hr Dept where you are currently working, its a salary deduction.. Also, if you are a member of Pag-ibig or SSS, they have this salary loan you can avail..