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In the US, the answer is no. You can rehabilitate or consolidate the defaulted loans. To rehabilitate, you need to make 9-12 ontime payments to your current lender. Consolidation is immediate relief and only takes 30-60 days.

If you need help with the consolidation of your defaulted student loans, click on the link below.

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Q: If you defaulted on a student loan does this mean you can never get financial aid from any college anywhere ever again?
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If an undergraduate can actually continue to go to higher education college even long after he or she has defaulted on student loans within NY State or anywhere within the country?

If they can pay for the total cost of college who can stop a persistent student. Now here's a question for you. can you afford to pay for the total cost of college?


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!


Can you get financial aid for school if you are in defualt?

In the US, only if you rehabilitate or consolidate the defaulted loans. To rehabilitate, you need to make 9-12 ontime payments to your current lender. If you need help with the consolidation of your defaulted student loans, I recommend www.defaultms.com


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


Wage garnished student loan paid off can you get another student loan?

Yes, 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.


In Iowa can student financial aid be garnished?

If the loans are federally guaranteed then yes they can be garnished. If you need help with the consolidation of your defaulted loans, click on the default link below.


How do you spell financiel?

Financial aid is very important for today's college student.


How much do you have to pay for Student Financial Aid?

In most instances, you should not have to pay for student financial aid - this is a free service offered to all students enrolled at the college/university. However, you may have to pay for student loans depending on your financial situation.


If you catch up a defaulted loan can you get a another student loan?

In the US, yes you are eligible for additional student loans if you rehabilitate, bring current, or consolidate your defaulted federal loans. If you need help with the consolidation of your defaulted loans, click the link below.


How can I get financial aid?

Billions of dollars in financial aid is available to those who need help paying for college. Learn more about student aid and college tuition at collegeboard.com.


Can you receive the GI Bill if you have defaulted student loans?

No they check on that.


Is college considered a financial investment?

Yes, college is a financial investment. Typically, it brings a lot of student loans, so you will not see the investment until after the loans are paid off.