Yes, It can depending on how you explain yourself to the Lender.
No
Some students assume they can use their low interest student loans to buy anything and everything. The truth is there are strict guidelines over how a student can use his or her low interest student loans. A student should be sure that he or she is only spending the money on living expenses and school expenses.
Actually, that's not true - student loans are forgiven when the student dies.
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.
Loan Calculators You can use this student loan payoff calculator to estimate how long it will take to pay off your student loans. Use this tool to determine how quickly you'll pay off your student loans. By making a higher monthly payment, you can shorten the length of your loan.
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.
Are student loans forgiven at age 60? Are student loans forgiven at age 60?
Yes, people of all ages can use the federal and private student loans.
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 as fast as one hour or up to 48 hours depending on the service you use. Studentloans is a website that will guide you through the process of a student loan and what companies are recommended.
Using those funds on your new home will knock you into a different tax bracket and may jeopardize your chances of getting future loans. Remember, part of the student loan process is providing your tax returns.
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.