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Yes. It may affect financial aid because it will be considered a loan that you're responsible for. You should know that if the primary borrower defaults on the car loan you will be have to pay the remaining balance. You should make certain that you can afford to pay for the car if you agree to co-sign the loan.
Yes. It may affect financial aid because it will be considered a loan that you're responsible for. You should know that if the primary borrower defaults on the car loan you will be have to pay the remaining balance. You should make certain that you can afford to pay for the car if you agree to co-sign the loan.
Yes. It may affect financial aid because it will be considered a loan that you're responsible for. You should know that if the primary borrower defaults on the car loan you will be have to pay the remaining balance. You should make certain that you can afford to pay for the car if you agree to co-sign the loan.
Yes. It may affect financial aid because it will be considered a loan that you're responsible for. You should know that if the primary borrower defaults on the car loan you will be have to pay the remaining balance. You should make certain that you can afford to pay for the car if you agree to co-sign the loan.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoYes. It may affect financial aid because it will be considered a loan that you're responsible for. You should know that if the primary borrower defaults on the car loan you will be have to pay the remaining balance. You should make certain that you can afford to pay for the car if you agree to co-sign the loan.
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Is a FHA loan is a type of financial aid?
False, An FHA loan is NOT a type of financial aid.
How does marriage affect financial aid?
marriage wont affect financial aid
How does being on academic suspension affect financial aid?
academic suspension how does it affect financial aid
How do you get a loan for school?
Go to your college financial aid office and ask how to get a loan.
How can you file for financial aid if you own on a loan?
One of the basic student eligibility requirements for a student to receive financial aid is that s/he not be in default on a Federal student loan. As long as you don't have a defaulted Federal student loan, you should be fine to apply for financial aid. Go to www.fafsa.ed.gov. Good Luck!
Do scholarships affect your financial aid?
Sometimes it does. It lowers the financial need that you have and may lower the amount of aid that you get from the school. Other times, if you receive more scholarships than you expected, you can use them instead of some of the loan money you were going to receive.
Why do middle class students don't qualify for financial aid?
Financial aid is determined on a need based formula. In many instances there are students who's family income is too high to be considered for financial aid. Thus, there is the option of the student loan. However, unlike the financial aid grants, the loan must be paid back. Hopefully, someone with an expertise in financial aid will add to this, and give you a better or more informed answer.
What is financial aid for homeowners called?
home loan bank system
Can you use federal financial aid as a source of income for a loan?
No, that is getting a loan with a loan. If anything it will count against your credit worthiness.
How does a child affect your financial aid?
In a positive way.
How does financial aid affect your credit score?
Im applying for financial aid for my house payment. will it effect my credit score
What would a student use a financial aid calculator for?
A financial aid calculator would allow a student to calculate what sort of benefits or grants, such as a Pell loan, the would be entitled to. Studentaid.ed.gov is a site that offers a financial aid calculator.
