Loans

[k001k47]

you guys are **** dicks...just answer the damn question

I've been waiting for someone to say this for quite a while now.
I quite agree with the OPs comment. (for the most part)

[Todd S. Malicoate]

Hey all.
I am going to be a college freshman this fall, I am not a music major currently, but I might be in the future. I am looking to purchase a used horn, but money is the issue. I have all my school paid for, through scholarships and financial aid. I know most private student loans will take the cost of school minus what you have...so is there anyway that I can purchase a horn?

I don't think so, at least not with loan money.

It will be extremely difficult to convince a private lender that a non-music major needs a tuba as equipment necessary toward the pursuit of a degree. If you used money from a federally insured student loan to purchase a tuba as a non-major, that could actually be considered fraud.

Since you're not a music major, simply use one of the school-supplied horns at your school. I did this all the way through graduate school and am very glad I don't have all that extra debt to repay now.

If/when you do become a music major, then I think you would have a better chance of convincing a lender that you need an instrument for the pursuit of your degree. I would disagree with that position, but I've known other folks who have used their loan money in that way so it is at least possible. Checking with your school's financial aid office is the best advice. Don't many schools now require that student aid is deposited in the student's bursar account and then used against school expenses anyway?

Todd, hoping that offering his opinion doesn't make him a f****n d***k.

[imperialbari]

Well see that wasn't so hard. Not sure if the added sarcasm was necessary, but thank for your respectable answer.

Welcome to TubeNet!

However you may feel more at home in this forum:

http://launch.groups.yahoo.com/group/TubaEuph/

Klaus

[pierso20]

Hey all.
I am going to be a college freshman this fall, I am not a music major currently, but I might be in the future. I am looking to purchase a used horn, but money is the issue. I have all my school paid for, through scholarships and financial aid. I know most private student loans will take the cost of school minus what you have...so is there anyway that I can purchase a horn?

I don't think so, at least not with loan money.

It will be extremely difficult to convince a private lender that a non-music major needs a tuba as equipment necessary toward the pursuit of a degree. If you used money from a federally insured student loan to purchase a tuba as a non-major, that could actually be considered fraud.

Since you're not a music major, simply use one of the school-supplied horns at your school. I did this all the way through graduate school and am very glad I don't have all that extra debt to repay now.

If/when you do become a music major, then I think you would have a better chance of convincing a lender that you need an instrument for the pursuit of your degree. I would disagree with that position, but I've known other folks who have used their loan money in that way so it is at least possible. Checking with your school's financial aid office is the best advice. Don't many schools now require that student aid is deposited in the student's bursar account and then used against school expenses anyway?

Todd, hoping that offering his opinion doesn't make him a f****n d***k.

Actually, it was the people not offering opinions that made them that way hahaha, so I think you're okay. THOUGH I do disagree with the private lender comments. I have done that in the past and so have other people I know. Most of the time the private lenders don't even look to see what it is for, they just assume you need it and either send you a check or send it to the school. Once it's at the school, the school reimburses it to you. If you have good credit it shouldn't be a problem. This ISN'T the best way to get a horn...at all. After interest you end up paying for a Handmade Baer for the $5000 horn you actually bought. Though, if you REALLY HAVE to have it, I.E you have graduated college or the school horns are GOD AWFUL and you're going to grad school, then I understand.

Good luck with it all.

[k001k47]

I have a suggestion. Get a job. Save money. Buy a brand new tuba.
No insane intrest rates or whatever involved.

[The Jackson]

A brand-new tuba - the codpiece for the contemporary teenager...