i have 2 bad things on my credit will this matter? they are not serious either
2006-10-12 06:18:53 · 3 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
its for the spring semester
2006-10-13 03:10:39 · update #1
I think everyone who meets College/income criteria qualifies. I don't think credit has anything to do with it. Go to the following website and you will find all that you need to know. http://www.fafsa.ed.gov/
2006-10-12 06:31:13 · answer #1 · answered by punkyb 2 · 0⤊ 0⤋
There are 2 types of Fed Stafford loans, Subsidized and unsubsidized, you must qualify by income for the subsidized (where the govt pays interest while you're in school) but anyone can qualify for an unsubsidized one ( where the interest accrues while you're inschool) I got one and I have had a bankruptcy a few years ago
2006-10-12 06:28:35 · answer #2 · answered by messijessi 4 · 0⤊ 0⤋
Are you the student or the parent? If you are the student it might if you are the parent it definitely will. Now the question is why are you still applying for loans? School started weeks ago, and any money not paid would have a mountain of penalties accumulated.
2006-10-12 06:28:32 · answer #3 · answered by Tulip 7 · 0⤊ 0⤋
u r right...credit does not seem to matter. they seem to care more about ur exact financial needs to determine the amount.
proof:
http://www.scholarships-ar-us.org/loans/bad-credit-student-loans.htm
check out their website for who is eligible:
http://www.fafsa.ed.gov/faq003.htm
2006-10-12 06:30:21 · answer #4 · answered by chloe 4 · 0⤊ 0⤋