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Most private student loans applicants are required to have a cosigner, especially undergraduates or students who don'tt have a steady income or credit history. The cosigner is required to sign the loan document, but the student is the primary borrower. By signing, the cosigner agrees to be fully responsible for repaying the loan if the student does not fulfill his or her obligations.
What else can I help you with?
What student loans are not eligible for forgiveness?
Private student loans are not eligible for forgiveness programs offered by the government.
Which loans are eligible for student loan forgiveness?
Federal student loans are typically eligible for student loan forgiveness programs, such as Public Service Loan Forgiveness and Teacher Loan Forgiveness. Private student loans are generally not eligible for these forgiveness programs.
Where can I search for alternative student loans?
You can find out information about alternative student loans and the competitive rates of student loans by sitting down with your banker and seeing what options they suggest.
Are all college students eligible for private student loans?
College students are eligible for private student loans. You need to apply with your banks to see if you are personally eligible and have decent credit to be approved.
Which students are eligible for Sallie Mae loans?
There are a lot of kinds of loans for students who are eligible for Sallie Mae loans. Some types of student loans at Sallie Mae are federal student loans, private loans, education investment planner.
Who is eligible for Astrive student loans?
Astrive Student Loans are private loans provided by Union Federal Savings Bank. Currently no one is eligible because it is not accepting new applications.
What is the minimum number of credit hours required for a student to be eligible for student loans?
The minimum number of credit hours required for a student to be eligible for student loans is typically 6 credit hours per semester.
What are the eligibility requirements for federal student loans?
To be eligible for federal student loans, you must be a U.S. citizen or eligible noncitizen, have a valid Social Security number, be enrolled or accepted for enrollment in an eligible degree or certificate program, maintain satisfactory academic progress, and not be in default on any previous federal student loans.
Can you get your student loans paid for by joining the peace corp?
if you paid off a Defaulted student loan and don't have any other defaulted student loans, then you are eligible to get new Federally Guaranteed student loans
Can you still get federal student loans if you have defaulted on other student loans that are now deferred?
If your loans are in a Deferment, then they were never in a Default status, they may have been delinquent. You are not eligible for Deferment while loans are Default. So to answer your question, yes you are eligible to take out additional loans if you are in a Deferment.
Are you eligible for a single-mother student grant if you have defaulted on your student loans?
In the US, the answer is no, unless you rehabilitate the defaulted loans for 12 months or unless you consolidate the loans. A person with defaulted federal loans is not eligible for additional federal assistance until the default status is rectified. Once the loans are rehabilitated or consolidated, you will then be eligible to go back to school and receive additional loans or grants. If you need help consolidating your federal student loans, click on the link below this text box.
What is the minimum number of credit hours required for students to be eligible for student loans?
The minimum number of credit hours required for students to be eligible for student loans is typically 6 credit hours per semester.
