Federal student loans can be used to pay for college tuition, and if you have any funds left over after paying your tuition, you can use those funds to pay for other school-related expenses, such as textbooks, rent, school supplies, child-care, etc.
http://Studentaid.ed.gov will provide the best answer to this question.
One advantage of federal student loans compared to private student loans is that federal loans typically offer more flexible repayment options and lower interest rates.
To determine if you have federal student loans, you can log in to the National Student Loan Data System (NSLDS) using your FSA ID. This database will show all federal student loans you have taken out.
no. you will have to consolidate separately. with a federal lender then a private lender.
The maximum interest rate for consolidating FEDERAL student loans is 8.25%. If your student loans are not federal loans, though, there is no maximum interest rate.
Student loans can be consolidated after graduation or dropping out of school by filing with the government to consolidate all federal student loans. Remember that non-federal loans cannot be consolidated.
One advantage of federal student loans compared to private student loans is that federal loans typically offer more flexible repayment options and lower interest rates.
If the student loan is a federal loan and not a private loan then the answer is no. Federal student loans can not be included in bankruptcy, you will always be responsible for repayment of FEDERAL student loans.
To determine if you have federal student loans, you can log in to the National Student Loan Data System (NSLDS) using your FSA ID. This database will show all federal student loans you have taken out.
no. you will have to consolidate separately. with a federal lender then a private lender.
Federal student loans do not currently have cosigners. Parents who take out federal PLUS loans for their kids often think they are a cosigner, when they are actually the sole borrower. All federal student loans are discharged if the student dies.
In the U.S., student loans can be Federal or Private.Stafford, PLUS, and Perkins loans are Federal. Most others are private.
No..there are also private student loans.
No, private lending institutions (such as banks) also give out student loans.
Sometimes private student loans can be consolidated depending on certain factors including the rules of your lender, whether you are in deferrment or default and your credit score. You cannot however, consolidate federal student loans and private student loans together.
In the US, you can get student loans through the federal government by using FAFSA.
There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.
Student loans can be consolidated after graduation or dropping out of school by filing with the government to consolidate all federal student loans. Remember that non-federal loans cannot be consolidated.