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This depends on the type of loan that you took out. Most federal student loans ask that you start making payments after you graduate.
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∙ 11y ago
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If you cosigned a private student loan for your daughter at which time she was 19yrs of age who is legally liable to repay the loan back?
If you co-signed a loan, you are fully and equally responsible for repaying it until such time as it is fully paid off or forgiven.
I had a federal student loan that went into default. They took my taxes each year and they are now paid off. I was wondering If I would be able to go back to school and get another student loan?
I'm pretty sure if you have defaulted on a previous student loan, you cannot get a federal student loan again. maybe you could get a private student loan, but the rate you'd get would suck cause your credit probably sucks after defaulting on that other loan...sorry.
When do you have to start paying back Astrive student loans?
Astrive student loans have to be paid back generally three years after the loan phase time is complete. It depends on what type of details the loan has and what the individual situation is to determine exactly when the loans will have to be paid back.
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.
Are private student loan cosigners in danger if you default on other loans they didn't cosign?
OP here with more details: the private student loans they are cosigned on are current/paid on time, but other private student loans (with the same lender) are about to default. Can this in any way cause problems for my cosigner?
Well A student loan is financial aid but the money will need to be paid back once you leave college?
true
Why are student loans considered unsecured?
Lenders don't have any collateral to seize if the loan doesn't get paid back.
What does student loan forgiveness mean?
The forgiveness occurs when a student falls behind by either reducing the capital to be paid, reducing the interest rates or allowing a longer period of time to pay back the loan.
Was the stimulus money the government gave to Chrysler all paid back?
Yes, Chrysler took out a private loan and paid off the US government.
Can you get a student loan to pay rent and other things if school is already paid for by someone else?
If your schooling is paid for you do not qualify for a loan. When you apply for a student loan income is reported and tax records are asked for as part of the loan process. Get a job if you need to pay the rent and consider yourself lucky you don't have to get a loan. A loan is not "free" money and you have to pay it back when you graduate or drop out of school.
If a student loan disappeared off your credit report but you still owe money on the loan can they put it back on your report?
It would depend on the type of student loan. Federally guaranteed student loans have no expiration under existing laws, and will indeed reappear and can be collected on and sued over until they are paid.
How long does a co signer stay on a student loan?
As long as the loan is in force (until the loan is paid off)
