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In the US, yes you can get one per semester.

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16y ago

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Can you pay a consolidated student loan with high interest with a new student loan at lower rates?

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 depends on how large your conslidated loan is.


What is the statute of limitations on a twenty year old student loan?

There is no statute of limitations for a Federally backed student loan.


Can you get a student loan if you are under eighteen?

no because you have to be 18 and up to get a student loan and you only get a student loan when your in collage so when you get in collage ask about the student loan you also have to pay for the collage and they pay you as you go in and through out the year so i hope this help you


How can you get a student loan with no cosigner and only 1 year of employment?

It is very possible to get a student loan with no cosigner and only 1 year of employment. The best solution would be to apply for a federal stafford loan.


What is the maximum amount of student loan interest that can be deducted for the 2018 tax year?

For the 2018 tax year, the maximum amount of student loan interest that can be deducted is 2,500.


What is the maximum amount of student loan interest that can be deducted on taxes for the year 2018?

The maximum amount of student loan interest that can be deducted on taxes for the year 2018 is 2,500.


Can you get a new student loan if you have an old student loan in deferment?

Yes. You are eligible for Federal Financial Aid as long as your existing loans are current (in repayment or on deferment) than you may borrower more federal loans. There is a limit on how much you can borrower each year though. Apply for financial aid at FAFSA.ED.GOV


How does your payment change between a 30 and 40 year mortgage?

A payment on a 40 year loan, if it is a fixed-rate loan, will be smaller, provided all other factors like loan balance and interest rate are the same. If you are talking about an adjustable rate loan, well, your payment will vary on your interest rate more than how long the loan term is. A 40 year loan will pay-down your loan slower, meaning at 10 years, you'll owe more on a 40 year loan than a 30 year loan. You may also pay more towards interest on a 40 year loan.


When Crystal City First National Savings and Loan charges more for a 10-year boat loan than for a 5-year boat loan. What accounts for this difference?

There is a greater risk that a 10-year loan will not be repaid.


Can SSI be garnished for a 18 year old student loan?

No.


What is considered to be a high interest rate on a student loan?

The interest rate on a student loan depends on the year it was established, the type of loan, and the habits of the student paying back the loan. Generally, 6.9% is considered to be in the high range, but lagging behind payments can increase the loan amount up to 14.0+%.


If you are making you monthly payments on your student loan can you still get your income tax at the end of the year?

If you are not delinquent with your student loan, your federal income tax refund will not be garnished.