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StudentFinAidInfo - Financial Aid, Student Loan Issues


Question: Student loan issues? Please any help?
Ok, I've currently just completed one year of college. I've also just pulled out of the university and am planning on going to a technical school in the fall (to be an LPN). I have to start paying off student loans 6 months after I graduate of withdraw from school. Will loans "carry over" when I go to the technical school, or will I have to start paying them off in 6 months (because it's not a university)? I know all loans are different, but does anybody have some general experience with this? I'm going to call them this weekend, but I can't do anything for a few days, and I HAVE to know, it's killing me!

Answer: You should be able to continue to defer your payments while ...
You should be able to continue to defer your payments while you are in tech school. However, your old school will likely report that you have dropped out. So be SURE you copy your enrollment verification from the tech school and send it to your lender. Also, many loans are sold to a different company after you leave.. so it will be your responsibility to keep track of who owns it so your enrollment verification goes to the correct place.

Answer: When contacting the new school, tell them that you have ...
When contacting the new school, tell them that you have loans with ABC and continuing your financial aid with them will keep you in loan repayment deferment. In addition, because you are leaving XYZ, you will have to call your student loan lender and tell them that you want to cancel the previous promissory with XYZ. When you secure aid with the new school you will sign a new promissory note which alerts ABC that you are still in school and have not graduated. Best wishes.

Answer: I would like to recommend you some useful infomation ...
I would like to recommend you some useful infomation here.http://studentloan.online-helpers.info/consolidate-credit-good-loan-student.html

Question: Taking out a 20,000 student loan?
okay so I was wondering if I can take out a $20,000 loan through fafsfa because im going out of state to go to college living in minnesota going to montana state university and the financial aid lady there said that 8,000 is the most I can get with out the 20,000 dollar loan there asking parents to pay to which it would be imposible to do so I was wondering if it was possible for me to just take out a loan that large with out huge interest rates and are totally safe like the Stafford loan and such note: im not elligible for grants, and am working on scholarships I just need a safe way of going to dream school with out screwing parents. also I was wondering if I decided to go to a different college would the amounts of financial aid be any larger then montana state is offering or is 8,000 sadly the ceiling for the federal amount everywhere.

Answer: The max amount of Stafford loan is not based on how ...
The max amount of Stafford loan is not based on how expensive your school is. (This is why so many people decide to attend an in state school). It is based on your dependency status and your level. If you want more than that in federal loans, then they have to be the PLUS (parent) loans. If your parents won't do a plus, then you should either look at in state schools, or getting a scholarship from the school.

Answer: Bad credit student loan that is sponsored by the government ...
Bad credit student loan that is sponsored by the government is dispersed by the colleges and schools. The amount that could be acquired as government student loan varies dependentthe interest to locate an appropriate student loan services provider. Before procuring student loan from an online services provider, it is suggested to navigate through the internet.

Question: I can't pay back my student loan.....HELP!?
I took out a private loan while in college that totales about 45,000. Well now that I have graduated I deferred account about 6 months ago and I'm supposed to start making payments soon, but I can't afford a $500 payment every month. What can I do?

Answer: redcurleyz: Your best bet is to call your lender right away. I have ...
Your best bet is to call your lender right away. I have loans from Sallie Mae and they have different options to pay it back. My loan amount is a LOT smaller then yours so payments are a lot smaller. I was able to cut each monthly payment in half so I could afford to pay them back.

Answer: Yes call your lender immediately. Make arrangements for ...
Yes call your lender immediately. Make arrangements for smaller payments. If you do not move quickly you could end up having your wages garnisheed for the full $500., plus ruin your credit.

Answer: Get a higher paying job? Take a second job? Reduce ...
Get a higher paying job? Take a second job? Reduce expenses as much as you can. Did you not realize you would have to pay this back?

Question: A question concerning joining the military and student loans.?
If I were to join the military, most likely army after I graduate college, what are options when it comes to student loan forgiveness? If you can tell me the options for each branch, that would be fantastic.

Answer: : The better option for you would be to join the military ...
The better option for you would be to join the military first, college second. This is the way their educational assistance is set up. I have never heard of a program where the military will forgive student loans you took out.

Question: university student loan application help!!??!!??
i dont want a vague link I want to know step by step and everything that needs to be done with links please. deadline is 25th and I havnt done anything. HAS TO BE UK only

Answer: Have you considered going to the college you are going to ...
Have you considered going to the college you are going to attend and asking for help?

Question: Student loans...advice needed....my husband has great lakes student loans...what are his options?
Hi...my husband has $80 000 of student loans with great lakes. He thinks he had federal student loans originally and he consolidated them with great lakes but he is totally useless when it comes to finances so I am trying to find out some information. Are his loans still considered federal loans or as he consolidated are they now private? Should he/can he reconsolidate his student loans with another company? Are great lakes a good company? Does he have any other options to lower his monthly payments? Any advice would be welcomed. I have never had a student loan so I don't know the territory!

Answer: Student loans can only be consolidated once so his options ...
Student loans can only be consolidated once so his options are pretty limited. About the only thing he can do now is pay on them.... for the next 100 years.



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