One thing you can do if your family has low income is apply for low-income type grants. You can check your financial aid office to see what the qualifications are since they vary from state to state. There are the typical state loans that you can apply for as well such. There will be some cases where students might exhaust all of the loans they can get from the state in which case, they might have to take out a private loan. This can be difficult to qualify for if you don’t have a job and at the same time happen to have bad credit. Getting unemployed bad credit loans is tough since you don’t have income and you have bad credit at the same time. Although you can defer your payments, if you end up with a high interest rate, the loan could end up following you for quite a while.

What you can do in this situation is to get someone such as your parents to co-sign for you. You will basically be using their credit and income status to help you qualify. A student loan is often something that is unavoidable and if you do take one out, make sure once you finish school, you focus on paying it off. If the loan is large enough, even with a 5% interest, it can take a while to pay off.