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The eligibility for student loans is mostly based on financial need. Student loans generally have low interest rates. To get a student loan you must first complete the FAFSA form.

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13y ago

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Does a student have to be full time to receive a federal student loan?

yes


How do you get a student loan if you are not 18?

You can still receive a federal loan. Complete your FAFSA.


What are the qualifications for a parent plus loan?

Qualifications for a Parent PLUS loan include being a parent of a dependent undergraduate student, having a good credit history, and not having any adverse credit history such as bankruptcy or default on a federal student loan.


What is a FASFA application?

FAFSA is a Federal student aid program that allows students the ability to apply for assistance when then wish to attend a post secondary education. In order to possibly receive this student aid it is necessary to complete an FAFSA application.


How much student loan money can you receive for an unaccredited College?

None from most lenders. No federal student aid. Worthless degree and credits will not xfer.


How can one get a Department of Education student loan?

To get a Department of Education student loan, you must first complete the Free Application for Federal Student Aid (FAFSA). This application will determine your eligibility for federal financial aid, including loans. Once you have completed the FAFSA, the Department of Education will send you a financial aid offer that may include federal student loans. You can then accept the loan and proceed with the necessary paperwork and agreements.


What is meant with federal student aid in finances?

Federal student aid may be necessary depending on your finances. They provided financial assistance for grants, loans and work study program for those who have completed high school.


How can one receive quick student loans?

There are a few options where one can receive quick student loans. One way is to apply for a federal student aid. If eligible, the school can decide how much you can borrow. A quicker way is to apply privately through a financial institution.


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 receive money you've already been awarded once you have defaulted on a loan?

In the USA, if your Federal Student Loans are in default, then you are not eligible to receive any additional Federal Student Aid. If you need help getting out of default and getting off of the tax offset list, click on my profile, StudentLoaner, below.


Are student loans forgiven if you receive SSI?

No, but SSI isn't exempt from garnishment for student loans. In some instances federally funded student loans can be forgiven if the borrower becomes mentally and/or physically impaired to the point where he or she will never have sufficient ability to work and if a doctor will sign off on the disability. Edit: SSI CAN be garnished for federal student loans. This was part of the Debt Collection Improvement Act of 1996. Edited wording for total and permanent disability qualifications.


Do you need to register for selective service to get a student loan?

You have to have registered by age 26 to receive Federal Aid. In short, yes.