answersLogoWhite

0


Best Answer

No, you are not eligible for grants or any other student aid while your current loans are in Default.

If you need help getting out of default, or getting a garnishment lifted, then contact Default Management Services, Inc. for help. You can Google the name for a phone #. Ask for Doug, he is knowledgeable.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

7y ago

You have several options for getting your loan out of default. These include

repayment in full,
loan rehabilitation, and
loan consolidation.


Rehabilitation for as little as $5 per month:To rehabilitate a defaulted Direct Loan or FFEL Program loan, you must agree in writing to

  • make nine monthly payments,
  • make each payment within 20 days of the due date, and
  • make all nine payments during a period of 10 consecutive months.

Depending on your income, you may be eligible to rehabilitate your loan and bring it out of default for as little as $5 per month.


Loan Consolidation:To consolidate a defaulted federal student loan into a new Direct Consolidation Loan, you must either
  • agree to repay the new Direct Consolidation Loan under an income-driven repayment plan or
  • make three consecutive, voluntary, on-time, full monthly payments on the defaulted loan before you consolidate it.

You can apply to consolidate ANY time. The 3rd-party loan servicer may tell you that you have to make three months of rehabilitation payments BEFORE you can apply to consolidate, but they would be wrong. Such a statement is self-serving because the servicer wants to retain your account as long as possible for they can get paid.

Call Department of Education's Default Loan Resolution Group: 800-621-3115

This answer is:
User Avatar

User Avatar

Wiki User

16y ago

You can apply for a student grant (financial aid) but you have to qualify to be able to receive the grant and you cannot be in default on your loan.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

Yes. However, the government might seize the funds for payment of those debts. this absolutely untrue, your student loan is untouchable by c.s and the irs.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

Yes

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you still receive student loans if you owe back taxes and child support?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you receive back pay child support for a 26-year-old who has student loans?

Yes, but you have to file for it in court.


What debts do you still have to pay after filing bankruptcy?

student loans child support


Can child support owed to the custodial parent be garnished if they owe for student loans?

no


If you receive ssd and some income can creditors garnish wages?

In most cases NO. However, student loans, child support and taxes payments aren't exempted from granishment.


Can you file bankruptcy on child support in the state of Michigan?

no it will stay with you forever like student loans


What debts will bankruptcy not wipe out?

most taxes, child support, student loans and criminal fines


How can a student receive money for college?

loans and scholorships


Can you receive the GI Bill if you have defaulted student loans?

No they check on that.


Do banks have to consider child support as income for home equity loans?

child support is for the child .


Can a green card holder receive loans?

A green card holder can receive loans. Those with a green card are able to apply for mortgages, and student loans for example.


Can a student loan refund in a bank account be seized for failure to pay child support?

I believe it can. Student loans and other funds that are usually exempt from seizure are NOT exempt when it comes to things like child support or taxes. But you should consult a lawyer to make sure.


Can bankruptcy wipe out child support?

No. Child support and government backed student loans are 2 of the (not many) obligations that are not dischargeable in bankruptcy. Of course, getting rid of other debts you have should make these easier to pay.