If you don’t qualify for any scholarships or grants, you can decide to apply for a loan. But be advised: loans will always have to be paid back with interest!
It is very important that you don’t take on a financial burden you can’t handle. So make sure that you and your parents / caretakers understand what you are getting yourself into:
- Did you do your research on how much you’ll be paying back each month?
- Will that be doable compared to the salary you expect to be receiving?
- What are the terms and conditions of the loan?
When you’re receiving a loan, you are basically receiving borrowed money. And something you borrow, you need to give back eventually.
Important: the amount of money you loan, will have to be paid back in full, including interest.