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If a student reaches their aggregate loan limit, they must pay down their loan first in order to be eligible for additional financial aid. Otherwise, the student will need to pay the remaining cost of school with cash out of pocket or take out a private loan.

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Q: What to do if reached student loan limit and still have to pay for college?
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How do you get a private student loan?

Many banking institutions now offer student loans at rates that are competitive to former federal loan programs. Two banks that come to mind are Discover Bank, and Chase Bank. Both have programs that offer loans to college students. These programs need not be repaid while the student is still attending school, and the funds are paid directly to the college.


How do I get a student loan with bad credit?

When you apply for a student loan you go through the college financial aid office. They will have you fill out a federal student aid form. The form is really centered on income and less on credit. If you are still living at home and supported by your parents they will be required to fill out an income section and attach tax forms. If you are older and living on your own you are considered independent and will answer the income and tax questions yourself. The result of this is a number that is generated and the college will use that number and subtracting the cost of attending the college come up with the amount of your student loan. In this process nothing is said about a credit report. If you want there is a web site you can go to by the federal student loan office and they have an online form.


If you are at your max limit is there a way to still receive student loans?

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 some scholarships or grants out there you may be eligible for - talk to your financial aid office.


What types of account can one apply for with Wells Fargo?

At Wells Fargo, one can apply for a business account, a checking account, a savings account or for the ones that are still in college or school there is an student account.


Where do you get a student loan?

Go to your college financial aid offices and they will tell you how. If you are not accepted or enrolled in a college you have to wait until you are. Usually part of the enrollment packet includes financial aid information and forms. If you are still being supported by your parents they also have to include financial information on the forms.

Related questions

If you have reached your aggregate student loan limit and have consolidated your loans can you take out more money from the government?

No. Federal consolidation loans are still insured by the federal government, still show in the NSLDS, and still count toward the limit.


Can a student still play college sports even after they have tried out for a professional team prior to college enrollment?

yes they can


What is the correct way to punctuate your sister Theresa a college student had a difficult time finding a job?

"Your sister Theresa, a college student, had a difficult time finding a job." You want to separate the phrase 'a college student' as an identifier. If you remove the phrase the sentence still makes sense.


Can i go to college and still get health insurance?

Yes, if you are still working at the job that provides the insurance. When I was in college the health center offered a cheap student health insurance. Check and see if yours does.


Why does limit switch sometimes stay open the flame is out but the fan still runs till its cooled down?

The switch is set to a temp, and will close when the temp is reached.


How old can a student be and still attend school?

In USA average college student's age is 75 year old. You can attend a college as early as you are a fetus with developed limb buds, indicating that you have a potential to write once you leave your momy's vagina.


Should I tell my ex college teacher I have feelings for her?

If you're still a student at that college, definitly no. If you aren't in that college anymore, just do want you feel you should do, just remember that you shouldn't act on impulses


Which model of Lenovo Thinkpad is best for a student entering college?

I assuming the student will need to carry it from place to place; therefore, a durable yet still highly functional system is needed. I would suggest the 14" for the student.


What are the average interest rates for student loans?

Most student loans are interest free when you are still attending college, then increase from there. It really depends on your credit score to what interest rates you qualify for.


If you only complete 3 years at a college without a degree are you still considered an alumni?

According to the American Heritage Dictionary Alumni is, "a graduate or former student of a school, college, or university.


What form do you need to keep coverage on our college student while they are still in college on our heath insurance?

Most just require a copy of the students schedule showing they are enrolled full time


Can you still get social security while attending college?

No. At one time a student could go to college if he had a parent that had died or was disabled. This benefit was cut in 1981 under the Reagan Administration.