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Question: Federal Stafford Loan Question.?
I was just wondering, for the Federal Stafford Loan, would I really need a cosigner, or do students usually get through on their own? My parent's credit is in shambles, the plant dad worked at got shut down and they stuck him with medical bills they were supposed to pay, but didnt (jerks) so, they had to file bankruptcy back around 2000 or so. My grandparents just bought a new car, so they wouldnt be of much help to me either. There's really no one else I would be able to ask..I have a 4000 loan out from sallie mae already, deferred until I graduate. Would I be able to get the federal loan? Also, in addition to books and the rest of the tuition (which is only $350) could I use it to get an apartment in the city? (theres NO jobs whatsoever in the small village I live in.) Thanks guys and gals. I did try through sallie mae again, with and without parent cosigning, they wouldnt let me, however.

If you were able to get a loan before, you should be able to ...

If you were able to get a loan before, you should be able to get another one without a co-signer.

As long as you are attending full-time, you are eligible for ...

As long as you are attending full-time, you are eligible for loans, with or without parents co-signing. You are allowed so much in student loans per year, based on your income, cost of school, etc. The max usually allows for living expenses so you should be fine. For example, if tuition costs 5,000 per year, a student is usually eligible for about 12,000 per year. This would cover whatever you want, books, housing, food, etc. However, keep in mind that you will someday be paying back all the loans....something I didn't really think about and now am kicking myself for not living cheaper while in college.

Under your circumstance,I suggest here for you to have a ...

Under your circumstance,I suggest here for you to have a visit.http://loan.goodhelper.info/fha-home-loan.html

Question: Can I get subsudized stafford loans for grad school or are they just for undergrad?

You can get the for grad or undergrad if your income allows ...

You can get the for grad or undergrad if your income allows you to qualify for them. Here's a good pub about sub loans.

When it comes to the financial aid process, people often ask ...

When it comes to the financial aid process, people often ask "Where do I begin?" We're here to help and guide you throughout this process. This page outlines the steps to applying for a Stafford Loan. Basic Stafford Loan Requirements are, You must have submitted a FAFSA. For subsidized Stafford Loans, you must have financial need as determined by your schoolbe sure to include the school's FAFSA code (or prospective schools, if you are a high school student) to ensure that the results are sent to your school's financial aid office.

Question: Is there a limit on How many hours you can work if you take out a Stafford loan??
I've seen 19.5 hours as a limit, but I am unsure if that is for work study, not for working besides that. I'd like to get a job after school to help pay for tuition, and I want to know if there is a limit for how many hours I can work with this loan taken out.

Nobody cares how much you work. They only care that you ...

Nobody cares how much you work. They only care that you qual for their loan, and that you pay it back. YOU should care how much you work. Study enough to complete your courses with a good gpa, then work all you want. I worked 40 hrs a wk and carried a 24cr load one semester, 40 and 22cr another semester, and 40 and 18cr another semester. Now, I worked 16hrs Sat., 16 Sun., and 8hrs Mon.; had a few night classes during 2 of those semesters, did the laundry, had din-din ready for the wife when she got home from work, and was home for the 2 kids coming home from school. Had a 3.5 gpa in core classes (computer information) 2.9 over all.

Only time I have ever seen a restriction is for those ...

Only time I have ever seen a restriction is for those getting a masters and the program not wanting them to work more than 20 hours outside of the department. Nothing to do with federal money. Seen many work study students who work more hours than that. Plain answer- they don't care. I had them and between two jobs I was working 35-40 hours per week.

Question: Can I buy prescriptions with stafford loans?
I'm getting ready to go back to school, but currently am on prescriptions, I was just curious if I can use loan money to cover this, or is it specifically for school specific things?

No, they are for school tuition and fees only.

No, they are for school tuition and fees only.

Well, if after you paid your tuition you get a refund, ...

Well, if after you paid your tuition you get a refund, NOBODY cares how you use your money. You can do whatever you want with it, including your drugs

If you have any money left from your disbursement once all ...

If you have any money left from your disbursement once all tuition and fees have been paid you can spend it however you see fit.

The money will first go to pay your school tuition then the ...

The money will first go to pay your school tuition then the leftover is disbursed to you. You can do whatever you want with it as there's no statement of intent needed, audits, or anything of the like. Chances are you'll want to only use it for essential things, as the aid amount is going to be far less than what you need to survive without any income.

When it comes to the financial aid process, people often ask ...

When it comes to the financial aid process, people often ask "Where do I begin?" We're here to help and guide you throughout this process. This page outlines the steps to applying for a Stafford Loan. Basic Stafford Loan Requirements are, You must have submitted a FAFSA. For subsidized Stafford Loans, you must have financial need as determined by your schoolbe sure to include the school's FAFSA code (or prospective schools, if you are a high school student) to ensure that the results are sent to your school's financial aid office.

Question: Stafford Loan Question?
If you are offered a Stafford Loan, and accept it, then decide not to use it, do they make you pay it back??? How about if dont use it for that semester, am I allowed to use it for the following semester?

To answer your first question, no, you do have to pay it ...

To answer your first question, no, you do have to pay it back if you don't use it. Just tell your school to return all the funds to the lender. To answer your second question, no, the loans are pro-rated by semester.

Your school should be able to cancel the loan and send it ...

Your school should be able to cancel the loan and send it back to the lender, however, you must contact your financial aid office directly (and soon!) to make sure it is taken care of. And yes, if you're staying at the same school, you should be able to use the money next semester, but again, you need to coordinate with your financial aid office directly. Good luck!

When it comes to the financial aid process, people often ask ...

When it comes to the financial aid process, people often ask "Where do I begin?" We're here to help and guide you throughout this process. This page outlines the steps to applying for a Stafford Loan. Basic Stafford Loan Requirements are, You must have submitted a FAFSA. For subsidized Stafford Loans, you must have financial need as determined by your schoolbe sure to include the school's FAFSA code (or prospective schools, if you are a high school student) to ensure that the results are sent to your school's financial aid office.

Question: How much can you borrow in a stafford student loan going to a community college doing 6 credits?

Probably around $500 to $1000.

Probably around $500 to $1000.

It depends on if you are considered dependent or ...

It depends on if you are considered dependent or independent. Look at this publication... in the back it lists the max amounts and the interest rates.

When it comes to the financial aid process, people often ask ...

When it comes to the financial aid process, people often ask "Where do I begin?" We're here to help and guide you throughout this process. This page outlines the steps to applying for a Stafford Loan. Basic Stafford Loan Requirements are, You must have submitted a FAFSA. For subsidized Stafford Loans, you must have financial need as determined by your schoolbe sure to include the school's FAFSA code (or prospective schools, if you are a high school student) to ensure that the results are sent to your school's financial aid office.

Question: Stafford Loan?
what the differnts between a Stafford Loan and a regualar student loan

Stafford loan is guaranteed by Uncle Same while a regular ...

Stafford loan is guaranteed by Uncle Same while a regular student loan isn't. Go with the Stafford, because the government pays the interest on your subsidized loan.

There are two types of Stafford Loans - a subsidized ...

There are two types of Stafford Loans - a subsidized stafford and an unsubsidized. The Stafford Loans are from the federal government and have annual and cumulative maximums by year. For example, the most you can borrow on a stafford loan as a dependent student your freshman year is $3,500. This amount increases each year to a maximum of $5,500 your senior year. The total amount you can borrow in a stafford for your undergraduate degree is $23,000. The major benefit of the subsidized stafford is the fact that the government pays the interest on your loan while you are a student. In other words - it's interest free money while you are in school. The repayment (and interest) begins 6 months after you graduate from school. The unsubsidized stafford loan has interest accruing from the date of the first disbursement of funds to your school. Your level of need determines whether you qualify for a subsidized or unsubsidized stafford loan. You must submit a FAFSA to learn whether you qualify for either type of stafford loan. Regular student loans are not guaranteed by the government, do not require the completion of the FAFSA and can cover the complete cost of college (not a good idea!). You need to apply for these loans and need to have credit and income - usually hard for students. Therefore students usually get a cosigner - also, not always easy to do. Be sure to check all fees associated with any loans.

This is a good publication from the department of ed ...

This is a good publication from the department of ed regarding student loans. Stafford loans are backed by the government and Subsidized Stafford loans the interest while you are in school. Private student loans are not subsidized by the government, they have higher fees and higher interest rates.

When it comes to the financial aid process, people often ask ...

Hello! I Got This For You. As Always, It's Always Better ...

Hello! I Got This For You. As Always, It's Always Better That You Get The Info Firsthand. So Better Check It Out Yourself, Im sure You'll Discover Something...http://studentloan.online-helpers.info/company-consolidation-loan-student.html

Question: Is the FFEL consolidated part of my loans going towards my cap amount on my unsubsidized or subsided Stafford?
Total STAFFORD UNSUBSIDIZED $5,425 Total STAFFORD SUBSIDIZED $4,875 Total FFEL CONSOLIDATED $13,562 Total All Loans $23,862 This is information but I sill can't figure out by this how much I can still borrow to complete education. Any help will be appreciated.

The Financial Aid Office of the school that you are ...

The Financial Aid Office of the school that you are attending or wish to attend can help you decipher your information. I suggest speaking with a financial aid counselor about your situation.

Yes. All your loans go toward your cap. Your cap depends on ...

Yes. All your loans go toward your cap. Your cap depends on your dependency status, $26000 for dependent, $57500 for independent. Subtract your total from the appropriate number above and that's your remaining amount to borrow.

Stafford Loans FAQ 1 2 3 4 Page: 5