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Students don't have to provide any collateral to get a student loan. On some student loans, payment may be deferred until the student is out of college.

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9y ago
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12y ago

Student loans often have far lower interest rates than regular loans, and payments can generally be deferred (put off) until you're out of school for a certain period of time.

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Q: Which of these makes a student loan different from other types of loans?
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What makes sallie mae student loans different from other loan types?

Sallie Mae is good for student loans because they have loan education on site and offers you help if you cannot pay.


How can I find out who purchased my student loans after bankruptcy?

This makes no sense. Sorry. Student loans are not discharged by bankruptcy, and unless the loans are private, they are not sold to other lenders. Typically, loans return to the Loan Service Center of the Department of Education, and are administrated by the Department of Treasury.


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


Does Wells Fargo offer student loans?

Yes, Wells Fargo offers student loans. You can compare rates of their student loans as well as other similar business student loan rates on their website.


Where can someone go to learn more about college education loans?

You can learn about college education loans from government websites such as Student Loans and Student Aid. Other websites include CU Student Loans and Scholarships.


One spouse is in default on a student loan can the other spouse obtain student loans?

You should be able to as they are individual loans.


What are the 4 types of financial aid available in regards to education?

There are different types of student loans available to college students for college: # Federal Subsidized Stafford Loans # Federal Unsubsidized Stafford Loans # Federal Perkins Loans # Federal PLUS Loans # Private/Alternative Student Loans Other sources of financial aid are: * Scholarships * Grants * Work-Study


What is the meaning of chase student loans?

Chase student loans are private loans that you can apply for after you have already attempted to receive federal student loans. These loans are meant to be additional help, or supplemental, as they typically are not of a big enough value to cover the cost of tuition or other educational needs you may have.


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?


Do any lending organizations offer student loans for people with poor credit?

Sallie Mae offers student loans. They do have some poor credit options. You can not clear a student loan by bankruptcy so they are more liberal than for other loans.


How do federal student loans hurt students more than help them?

Federal student loans are usually easier to pay off then loans from a bank or other source due to their low interest rate. However, they may hurt students more than help them because federal student loans, like all student loans, take a long time to pay off.