All answers/opinions should be directed to the discussion board.
Paying for Room and Board at College Here are some things to
consider when trying to come up with a plan to pay for room and
board at college:
Inexpensive schools - State schools in your state are going to
be less expensive than private schools and moving out of state for
school. Note that often a…
Yes you can use private student loans for anything but be sure and pay your school expenses first! Federal loans normally don't cover all of your education expenses so it will be harder to use those!
Libraries have lots of books listing tons different scholarships. Just some of books that some libraries might have are College Board 2010 Scholarship Handbook, Peterson's Scholarships, Grants, & Prizes, The Ultimate Scholarship Book, and Scholarships: Billions of Dollars in Free Money for Colle…
Do you mean majors, or fields of study, or types of bachelor degrees, masters...? If you mean majors or bachelor degrees, general lists can be found in college prep books (from the library, etc.). However, different colleges have different terminology and offerings, so it would be best to check with…
No unemployment for students (at least in Michigan) If I said no unemployment for full time students, that should cover all states.As far as disability, yes, you can get disability if you have short term disability insurance. Since this is just for knee surgery, no point in saying how you could get …
Initially, your score will only go up by 5 - 20 points, depending on the student loan balance, and whether or not you are transferring it to another lender. If the loan is in collection, you may actually lower your score by paying it off (see "Will Paying Off an Old Collection Lower my FICO Score" -…
The Bankruptcy Code used to say that student loans could be discharged if they were more than 7 years old AND some other criteria were met. In the past few years, the Code was changed and now the Bankruptcy Code says (in 11 USC 523): "(a) A discharge ... does not discharge an individual debtor from …
Yes, but not all of them.
*Make sure to see if they're registered with the state, and are with the BBB
Sure, why not have one payment with a less interest rate? Maybe refiance your house at the same time.
Federal student loans
Yes, even though you are attending college already you can still apply for federal student loans. You may not get them for the current year. But you probably will. It will just be late. If you want to apply for the student loan for the next year, the time to apply is now. Th…
A Parent PLUS Loan to meet students' education costs is available through both the FFEL and Direct Stafford Program. Parents who have an acceptable credit history can borrow a Parent PLUS Loan to pay the education expenses of a child who is a dependent student enrolled at least half time in …
Schools generally participate in one of these Stafford Loan programs:
The Federal Family Education Loan (FFEL) Program The William D. Ford Federal Direct Loan Program.
Under the Direct Loan Program, the funds come directly from the federal government. Funds for your FFEL will com…
A Federal Perkins Loan is a low-interest loan for both undergraduate and graduate students with exceptional financial need. A Federal Perkins Loan is made through a school's financial aid office. Your school is your lender, and it is made with government funds. You must repay this loan.Your school w…
Likewise, I received tons of offers in the mail to consolidate my loans for a lower interest rate. Well, I only had ONE large loan. I was told, NO. I think that's because they take an average of your current loan interest rates to determine your new interest rate...... or it was the lowest interest …
Student Loan Money
Suggestions below may be helpful(financially), but they are advising you to commit fraud. I have yet to read an education loan agreement (including private/alternative loans) that does not stipulate that the proceeds of the loan are for educational use only. For federal stu…
Student Loans Covering Off-Campus Housing Student loans are to be used for Cost of Attendance, which can include off-campus housing and living expenses. HOWEVER, your financial aid office at your school is the ultimate arbiter of what is legit. Most would agree that off-campus housing is legit. Now,…
It depends on the type of loan: -Stafford: 6 months after you graduate, withdraw, or drop below half-time. This loan type is eligible for subsequent deferment if you later return to school at least half-time, but there is only 1 six-month grace period. -Perkins: Same as above, but grace …
Absolutely. There are numerous scholarships out there, which are non-restrictive on age, background, education, religion, grades, etc. They are simply out there to promote education across the global community.
i am on a BTEC National Diploma Course in fish husbandary at brooksby college, and i was woundering if i could be eligable for a student loan?
The way I believe it works is whether the diploma is classed as further education or higher education. I did a BTEC National Diploma in Foundation S…
The correct answer to your question is yes. You also must pay taxes on the amount forgiven. If you have FFEL loans instead of direct loans you need to go on the "income-based" repayment plan to get this benefit. Note that 25 years means 300 full payments; All months spent in deferment of forbearance…
Yes, I know all Federal Student Loans start repayment 6 months after graduation.
Only your previous federal loan history affects your ability to get most federal student loans. For private student loans, your debt (including debts you cosigned on) are a factor that would be considered by most lenders in making a credit decision. Your potential lender may ask themself: "If this p…
It doesn't matter how long you had the loan, you have to pay it back unless you are disabled, a teacher in low-income schools, part of the peace corps, or the school forged your signature.
If you have a federal direct student loan you can go on an income-contingent plan that will forgive loans a…
Your student loans are yours. You have to repay them later, so you do what you want to with them now. Yes, they are supposed to be for help in your education, but I am raising two kids and going to school only with my student loans.The only demand by the lenders is to payoff your loans on time, othe…
yes, the private or federally guaranteed student loans will show up on your credit report. If you are delinquent or in default on your loans, you can get help with consolidating the loans at www.defaultms.com
The loans will show up on your credit report, even if they are still designated as defer…
There are no income limits for unsubsidized Stafford loans.Subsidized Stafford loans are awarded based on need.There are two types of Stafford LoansStafford (Subsidized) - The interest portion of the loan is borne by the federal government. You can apply provided you spent at least half the time in …
Provide proof you already paid the loan in full. That means front/back copy of canceled check or paid in full letter from the loan holder.
You can get help with consolidating defaulted loans at www.defaultms.com . A consolidation loan will allow you to get an income sensitive payment that will fit your budget, or you can file for deferment or forbearance.
CALL THE DEPARTMENT OF EDUCATIONS LOAN FINDER LINE. THE NUMBER IS 800 621 3115…
Well that's a tricky question it depends. There are 5 major types of loans to fund an education. Stafford Loans (sub and unsub) No credit checks are required but they have certain loan limits. 3500 Freshman 4500 2nd year 3rd and beyond $5500 per year. But if your are older than 24, married, in the…
Any assets you own, including cars, can be seized if they win a judgment against you in court. Since they can garnish wages and offset tax returns without taking you to court, those are the most common methods of collecting.
No, they cannot take your car for college loan payments. They can,…
Hey, Why dont you go for FAFSA assistance.. they provide good
guidance in regards to federal student loan and are legit as well.
One of my friend studying at
http://www.northclevelandhighschool.com/ applied for loan
through their online process and was able to pay it off on time due
to the proper gu…
From my understanding, if you transfer schools you have to let your lender know what you are planning on doing. If you do not register for classes at the school where the loan is placed, the loan money will not be sent. But you have to make sure you tell the lender about this.
BECAUSE THEY ARE NOT TITLE IV FEDERAL DEBT - THEY FALL UNDER TITLE XV. SOME STATES WILL INTERCEPT STATE TAXES FOR PERKINS LOANS- BUT FEDERAL TAXES CANNOT BE SIEZED. THEY ARE THE SAME IN THAT THERE IS NO STATUTE OF LIMITATIONS.Edit to add: the University that holds the Perkins loan can assign it to t…
Eligibility for Federal Stafford loans are not based on your credit so yes, it is possible to get a student loan even with "frightening" credit. The exception to that is if you have previously defaulted or are significantly past due on a previous student loan. Even in this case, there are options to…
It would be a waste of time and money. The higher education amendment act made student loans non dischargable in Banruptcy Court. You would have to prove a major financial hardship to have it considered. It's next to impossible.
A consolidation loan will allow you to get an income sensitive paymen…
If you are at your maximum limit for student loans, you can pay some of it back in order to regain eligibility. I know that probably doesn't help you much - but also consider some private loan types (although be sure to read all the documents first - some are not good deals). Finally, there may be s…
Hi thereIf you have not reached your aggregate loan limit ($23,000 for a dependant undergraduate) and if the school considers that you are still make satisfactory academic progress, then you should be able to take our federal loans for your final year. If your GPA is adequate and you haven't had to …
The interest weight of a consolidation loan is now the weighted average of the interest rates of the loans being consolidated, rounded up to the nearest .25%. It's not mathmatically possible to get a lower rate with this formula. In addition to that, federal regulations do not allow each borrower …
You can APPLY until the cows come home. Yes, it is very possible. More so IF you have established some good lines of credit for a length of time and did not go in default previously if you did, then that needs to be clear up first.
I don't know what kind of student loan you have or if you already received the loan but I know that most student loans automatically approve you for the amount of school, books and living expenses. I received almost twice the amount of tuition. Always, accept the full amount …
Don't know what kind of student loan you have but I know federal student loans approve you for the amount of living expenses (regardless of where) in addition to your tuition. I would think you would be able to get a private loan to cover this too, as it is a part of your school expenses.
If you were a full-time teacher for five consecutive academic years in a "low-income" school, you could qualify for a federal loan forgiveness program. The forgiveness amount is 5k-17.5k.To qualify, you must:have taught full time for five consecutive complete academic years in an elementary or secon…
Probably, but you are unlikely to be granted a large enough loan to refinance your consolidated loans. Yearly loan amounts are usually capped to your need for the current loan period (a year, usually) and you might not be able to borrow more than your current yearly educational outlay. But that depe…
Apply for US Banks No Fee Loan. The interest rate is considerably low and many of the fees that other loans include, like the origination fee, are not included with this loan.
Yes, you would simply accept more loan money than you are going to need for school (I always accept the max). Then your school will send you a check for the amount your lender pays over what is owed to them. Use the money to be a pilot!
i think that previous answer is only valid if the stud…
The majority of students are still considered dependents by their parents. That does not affect your chances of getting financial help. The income and expenses of your family will play a factor on whether you qualify for loans, grants or scholarships. And of course your academic history and other fa…
Many lenders have a co-signer release option! Just ask them.ADDED: most lenders that offer this option require a history of 2-5 years of consecutive, on-time payments.
A federal loan does not require a co-signer and the minimum age is 16.
The above answer is so incomplete.. Federal loans like Stafford can not fully fund your whole tuition. There are ridiculously low limits (e.g. $2650 for a freshman).
I think the question is: How can a en…
No, as long as you are not in default on the loan.
Yes, federal loans can be used for bills but they have to be school related, such as upkeep and gas for your car to get you to and from school, also things such as food and rent are acceptable while you are in school. Ask your financial advisor through your school, or contact the company that holds …
Only if you are getting a private loan. If you get a government loan it will not affect it since they will only hold govenment debt against you.
Student loans, financial assistance, grants, etc. Are not in the traditional sense retroactive. Although I am not certain I completely understand your situation.
Yes you can, most lenders allow you to apply a semester/4 months after the term has ended. Some allow up to a year. Check Iowa St…
That's a kind of tricky question. The answer is "some of each". If you're talking about the maximum amount you can get in a year, there is a maximum you can get per student that is modified by the school's cost of attendance. If the cost of attendance for the school is less than the maximum yearly l…
Like any other debt you are responsible for, it can be reported to credit reporting agencies as a debt you owe. Owing money is and of itself is not necessarily bad, but remember that 1) creditors may look at how much debt you have in deciding whether or not to grant you credit, and 2) if the other b…
Filing bankruptcy on Federally guaranteed Student Loans will not help you 99% of the time. Consolidate the delinquent or defaulted loans instead at www.defaultms.com .
A student loan can be discharged in bankruptcy through an adversary proceeding in which you must prove repayment would cause "un…
Subsidized means it is need-based and therefore the govenment pays the interest while you are in school, during a six-month grace period after graduation or otherwise separating from school, and during authorized deferment. Unsubsidized is not need-based and therefore the government charge…
Interests rates for both Subsidized and Unsubsidized Stafford loans as of July 1, 2006, are not at a fixed rate of 6.8%; Parent PLUS loans are also now fixed at 8.5% not matter if you use Direct Lending or FEELP. Hope this helps.
For loans borrowed as of this day, Sep…
Yes, you can get your answer here: www.defaultms.com/loan_forgiveness.html
Here's a website that may help you:www.soyouwanna.comThere's a link for paying back student loans.Under some circumstances, your lender may partially or completely forgive your loan if you agree to teach in an area which h…
federal loans didn't check my credit or anything - it didn't seem to matter at all. it was all about need; you tell them your income and your family's income (unless you're at least 24 or are married or are going to grad school or maybe other circumstances where they only consider your o…
Federal student loans do not need a cosigner. Your Uncle Sam is guaranteeing them.
If you are not applying for a federal student loan, but trying to get an alternative educational loan, some lenders, such as Bank One, will review financial information for a retired …
After all your school expenses are paid, your student funds are given to you to cover what you need to get by during the school year. Rarely enough to cover rent, food, etc,. but if you can find a cheap beater to buy, no one's going to question where you got your money.Several years ago, loan promis…
There is no Statute of Limitation on the legal actions and collections of student loans. You can even have Social Security checks garnished for nonpayment. Consolidation of the loans will allow you to get a payment that is income sensitive; based on your ability to pay. The new payment can be as low…
YESSSS!!! THE WORST thing to have on your credit report is an unpaid loan! TRUST ME on this, it took FOREVER to fix this, and even after you pay it off if it was ever defaulted it still stays on your credit for 7 years.
Easy now! Though a deferred student loan is "un…
Assuming that the annuity in question is a "deferred" annuity (that is, that it is not already providing regular annuity payments), the answer depends upon whether you're over 59 1/2 or not. If you're not, any distributions from that annuity will be taxable as Ordinary Income AND subject to a 10% pe…
No. and Yes. The default on your prior student loan must be addressed and the loan rehabilitated before you're eligible for more student loans.The bankruptcy would only affect you if you had a defaulted student loan that was written off in the bankruptcy. Otherwise, bankruptcy doesn't prohibit you f…
Education loans are for your education. If you're not enrolled when the money comes in it has to be returned to the lender.
But, if classes have started and you attended, the school must calculate Title IV Return of Funds and release the percentage of aid you "earned" based on your wi…
Minimum age for federal student loans is 16. Federal loans don't require a co-signer.
Only if the overseas university is recogzined by the U.S. Department of Education and has a DOE number.
The dependent variable might be termed the "ordinate".
The dependent variable in an experiment is the data you are
When some variable depends on other variables, it is called the
dependent variable. For example, the temperature of something will
depend on how long you heat it, and th…
Federal loans (such as the Stafford loan) are not based on your credit history. You will not need a co-signer, or good credit. With private loans there is no way around needing a good credit history. Here is more input and advice: If you're in foster care, talk to the people. There is a program whi…
You can definitely challenge the garnishment if it causes financial hardship to you or your family members. He's right, you'll have to be prepared to show proof of your hardship situation. When providing documents they will have to see monthly and annual income and on top of that, you'll have to pro…
You should not "advertise" to anyone that you are borrowing student loan money solely so you can invest it to make a profit. However, once the money is yours it's pretty hard to track. The federal regulations stipulate loan money is to be used for "school related expenses" so, if you were ever quest…
The IEFC (International Education Financing Corporation offers loans in varying increments with and without a cosignee.Visit them at www.IEFC.com for further details.
Yes it can be done. I'm in the process of doing so myself.
Yes, you can obtain a home equity loan or line of credit through the Bank of New York. They also offer mortgage loans on cooperatives.
Yes, you can obtain a home equity loan or a line of credit on co-ops through the Bank of NY.
It's true that Bank of New York offers home equity loans or l…
According to my Oxford Companion to WWII in strictly monetary terms here was the breakdown for the major players in their currencies:UK-Pounds Sterling 20,500,000,000 US-$306,000,000,000 Germany-Reichmarks 414,000,000,000 Japan-Yen 174,000,000,000 Italy- Lire 278,500,000,000 USSR- Ruble 582,000,000,…
Yes. There are grants for Graduate Students. You should consult your college advisor or professor because they can offer some sources of these grants. Often times in Graduate school professors are conducting research and they have already been awarded grant money. They may be able to employ you or …
No. Actually, many colleges such as Harvard University (and many, many others) are actively seeking homeschoolers because they tend to be more self-motivated. Some recent statistics have shown a sharp uprise in the amount of homeschooled teens accepted into major colleges.
Student Loan Help
Here is advice:
You can't. You must at least have a job. They can get around credit and debt.
I would refinance student loans first. If they are federal, ask for a deferment due to unemployment. Federal student loans have lower interest rates than any unsecur…
Student Loans and Credit
They do not help you establish credit. You have borrowed, but don't owe, so there's no information about the way you'll handle payments over time.
This all depends on whether you are currently a resident of that
state and/or country. Also depends on what type of course you are
taking and how long you are taking it and what you taking like law
medical and stuff like that.
This depends on your financial aid needs. The total c…
I am trying to figure out the same thing. It's def tough.Well if you have a decent down payment,,say $1500 or $2000 , the finance company may take the value of the car as collateral against the loan. They will place a lien on it anyway until it is paid off. And if something happens to it before the …
In the U.S., 15% of your wages is the guideline, but I have seen up to 25%.
Analytical Exposition Sample in Learning English Why is Learning English Important? Language is the mean of communication. Mostly groups of society have their own languages. Some of them appear the top global languages. Most people in the world hear about English, Arabic, and Mandarin. However En…
Sure. You do that before the loan is taken out. Once the money is owed you have just as much legal obligation as the student.
Sorry I don't agree with your answer. I have researched the internet and find that this "company" does sell your child's information to many other parties. It also continues to send letters to people who have graduated, who are already in college, who are now teaching and/or who NEVER had a GPA ab…
After filing for bankruptcy in Canada you may borrow money. The risk is borne by the creditor. During bankruptcy, after filing but prior to being discharged, you may obtain credit with a value of up to $1,000. without advising the creditor of your bankruptcy. Should you seek to borrow more than $1,0…
If a kind of lizards get doubled in its population within 50 months, what will be the duration for them to get tripled.
Usually most of us would give the answer as 75 months ie 6 year 3 months.
But the answer is definitely wrong.
The right answer will be 6 years 7 months and 7 days nearly.
students, poster, dorms, library, cafeteria, lots of parties
American Association of Physics TeachersAmerican Federation of TeachersApplegate/Jackson/Parks Future Teacher ScholarshipBrainTrack ScholarshipsBright Futures Awards: National ECE Scholarship ProgramDaniel Kovach Foundation Teaching ScholarshipHach Scientific FoundationHispanic Scholarship Fund (HSF…
yes you can, but only if the country is stable.
I would think not, that money is to be used for educational expenses only! That money is backed by the federal gov't to be used for your education! If they did that I'm sure you would have court standing.
24 I'm sure :-) :-) :-)
The Lending Tree site provides an excellent discussion of student loan qualification. The site is attached to this question as a related link.
United States of America
It depends on what school you want to attend and what country that school is in. Across the US, Canada and the UK tuition rates for international students vary widely. In the US, they can range from $2,000 to attend a community college to $28,000 to attend a smaller, private school that does not rec…
By being punctual, honest, trustworthy, willing to participate and making efforts.
The Glee students attend William McKinley High School.
I was told August 14th, but I believe it depends when you filed.