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When you fill out the FAFSA (Free Application for Federal Student Aid), you will find out what financial assistance you are eligible for: scholarships and grants (these do not need to be paid back), loans (these do need to be paid back), and work study (you work to earn your tuition). You can read more about the different types of federal student financial aid at the link below in the related links section.
What else can I help you with?
When are you required to pay back a FAFSA loan?
Yes, you are required to pay back federal loans that your accept after filling out the FAFSA. This includes subsidized loans, unsubsidized loans, and PLUS loans.
Can you pay back a loan with the loan money?
No, you cannot pay back a loan with the same loan money.
Can you change your loan from a hard money loan back to a convetional loan?
refinance the hard money loan back to a conventional bank loan
How do you get a student loan if you are not 18?
You can still receive a federal loan. Complete your FAFSA.
Is there a way to get a student loan that is not FAFSA loan and does not require a cosigner?
If you're creditworthy, sure!
What is house loan?
Housing loan is actually different from mortgage loan. It is a loan that is taken to purchase or construct a house. It may appear the same, but mortgage loan includes loan that is granted again security of a property. It is money borrowed from a licensed money lender or a financial institution primarily a bank. This consist an adjustable or fixed interest rate and payment terms.
Do you have to pay back FAFSA money if not used for school?
If a student accepts what's called a stipend check (the amount of excess Stafford Loan money sent to the student once college expenses have been deducted) then it does count as part of the student loan. Students are responsible for paying back the entire student loan plus interest whether it was spent on educational expenses or not. It is wise to return stipend checks and decrease the amount of student loans you take out.
How does this compare to the fafsa?
Fafsa loans have a much lower interest rate than a loan you will get from the bank. Also, with fafsa a portion of your loan will be subsidized so you do not have to pay interest on that part. If you are already attending college talking to your financial counselor is the best bet.
How can you get your student loans interest free?
Student loans will almost undoubtedly be paid back with interest. That is the nature of a loan. However, by filling out the FAFSA you may qualify for Federal Grants that don't require any paying back. Also, having family members loan you college money may be a good way to avoid interest rates.
How do student.s apply for a Direct Stafford Loan?
Complete the fafsa
Who is loan shark loan?
if they give you money then you have to pay them back that is that question
I need a student loan now?
Fill out your FAFSA at FAFSA.gov to start the process, but if you really need money now, a student loan is probably not the way to go...the processing time before you receive your money is usually very long (months not weeks).
