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Are all student loans federal loans?
No, private lending institutions (such as banks) also give out student loans.
Will most colleges give out student loans from the department of education?
Most colleges are required to give out student loans to each student at least once, but it must be paid back before you get another one by most. The department of education cannot deny you a student loan.
Is there discrimination against students in the school loans market?
There is no discriminating in students when qualifying for student loans. Obviously if one has bad credit, the chance for a loan goes down. There are many foundations that give out student loans.
Why do many banks consider student loans risky investments?
Student loans are risky for banks to give out because most students do not have credit and thus cannot be trusted definitively to pay back loans. Additionally, students generally do not have personal property the bank can claim when loans aren't paid back.
Can you give me the link to the us dept. of education?
The website for the Us department of education for student loans is: www.direct.ed.gov There are also many other places to obtain student loans, or financial aid.
Are there any easy student loans?
I would check with a local lending institution to acquire about student loans. Also, when you start applying for colleges the financial aid center in the college will give you information about where you can apply.
What is the average amount government gives for student loans?
Government student loans differ depending on the individuals circumstances. To get an accurate figure the best way is for you to contact your local student loan office and they can give you more information according to your individual circumstances.
Can you get student loans 4-6 months before school starts to move to the state your school is in?
If you live in the US, the answer is no for Federally Guaranteed Student loans because the check goes directly to the school and they give you your portion after the semester has started. If a private student loan from a private bank, then probably yes. But, be wary of private student loans with high rates.
If you already have a student loan with a bank can you get another student loan with another bank at the same time?
Yes, you can have as many loans at as many banks as will give you credit. "Student Loans" are simply loans that have an additional requirement that you attend school while the payment portion is deferred. Of course you will have a tough to impossible time getting a second bank to give you a loan because they would want to understand why you did not go back to the original student loan bank.
Is it possible to refinance a student loan?
Federal student loans made after July 1, 2006 have a fixed interest rate. But, most private student loans have variable interest rates. For more information it would be a great idea to give your bank a call.
Is Brown Mackie an expensive school to attend?
"I really cannot give an accurate answer to this question, since I could not find anything regarding their tuition costs. That being said, they are a private school, and generally they are more expensive to attend. Also, the expense would depend on what program the student enrolls in."
How do I find out if I qualify for federal student loans?
There are many ways to pay for college today, from grants to loans to work study and part time jobs. You should start with the "Free Application for Federal Student Aid" website to see if you qualify for grants. They also give you information about student and parent loans. http://www.fafsa.ed.gov/
