The trouble with this, as far as the banks are concerned, is you haven't proven yourself capable of actually meeting your payment obligations. (badcredit.org)
The earlier you get your loan paperwork complete (and all the disclosures filed away), the better your chances of meeting any payment deadlines imposed by the college. (cheapscholar.org)
To do so, you need to meet all your payments on time, and start building some credit. (badcreditloanservices.com)