You may research financial aid information and fill out a Federal Financial Aid (FAFSA) form before you apply to a particular school.
However, you will need to have been accepted to a particular school before a particular aid package is completed. Talk to the financial aid counselor at the school you are interested in for more information. Or, look up FAFSA on the web. Financial aid can be complicated, but there are a lot of people out there to hlep you!
No, your student loans will not be forgiven because your school closes.
Deferment is difficult to achieve when it comes to student loans. Many companies will allow a deferment if the client is enrolled in school or any other program that is part of their education.
You will need to contact your loan provider and apply for deferment. You can have loan payments postponed only if you are enrolled in school full-time or two classes. If you take one class at a time, they will make you continue to pay monthly on your student loans.
No, you do not have to make payments on Sallie Mae student loans while enrolled in a qualified program. Depending on the type of loan you take out you will have payments deferred either six or nine months. It is important to remember that any unsubsidized loans will capitalize even though you are not required to make payments while enrolled.
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.
The school receives the check and disperses it to you.
Yes, you can take out additional loans as long as you are not in Default on the current loans.
There are many ways to pay off the debt from student loans. Unfortuneately, I am unaware of any ways for you to get help from your school in paying off these loans. There are some websites that can help you with paying off your student 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.
Direct Stafford loans are low-interest loans that are available to students enrolled in accredited four-year colleges, community colleges, technical schools and trade schools. There are subsidized and unsubsidized Stafford loans. Subsidized Stafford loans require that the student demonstrate financial need. Unsubsidized loans are avail bale to any student. Applying for a Stafford loan can be done for free on the FAFSA website. The school itself will determine the monetary amount of the loan.
To be eligible for federal student loans, you must be a U.S. citizen or eligible noncitizen, have a valid Social Security number, be enrolled or accepted for enrollment in an eligible degree or certificate program, maintain satisfactory academic progress, and not be in default on any previous federal student loans.
The difference between direct and indirect student loans are direct loans come to you in your name to deposit and use for school. Indirect loans go stright to the school and are used just for tuition.