FYI student loan payment options

Niya · Postby **Niya** » Mon Apr 26, 2010 12:46 pm

http://www.ibrinfo.org/index.php

Another option is to strive to be an excellent student and apply for academic scholariship and other financial awards for students with high GPA, and totally avoid taking a loan.

FHA1223 · Postby **FHA1223** » Mon Apr 26, 2010 1:05 pm

Alhamdullilah, no loans for me

blitzkrieg · Postby **blitzkrieg** » Mon Apr 26, 2010 1:15 pm

Alhamdullilah, no loans for me

5,000 yearly in unsubsidized loans

Postby **qoraxeey** » Mon Apr 26, 2010 4:02 pm

i took a little loan

but a paid it off quickly

surrender · Postby **surrender** » Mon Apr 26, 2010 4:27 pm

Alhamdullilah, no loans for me

i second to that.

*Nobleman* · Postby ***Nobleman*** » Mon Apr 26, 2010 4:27 pm

Alhamdullilah, no loans for me

i second to that.

Add me as well alhamdulilah.

dawwa9 · Postby **dawwa9** » Mon Apr 26, 2010 4:36 pm

I put my interest free student loan on a 8% Greek national bond in euros

money created out of thin air

Zaraa · Postby **Zaraa** » Mon Apr 26, 2010 4:43 pm

"I put my interest free student loan on a 8% Greek national bond in eurosmoney created out of thin air

"

Interest from the bond is still haram right?

There are students who are not excellent and have no choice but take out the loan. As long as you pay off quickly and avoid paying interest then great!

dawwa9 · Postby **dawwa9** » Mon Apr 26, 2010 4:46 pm

Interest is not the same as the medieval practices of riba

Zaraa · Postby **Zaraa** » Mon Apr 26, 2010 4:47 pm

Really? How is that ?

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