i would like to get a student loan but i am not enrolled in school this semester since i owe money. i want to pay the money i owe can i get a loan like the stafford loan that guarantees approval???
2007-02-01 13:01:02 · 7 answers · asked by Thats Hot! 2 in Education & Reference ➔ Financial Aid
In order to be eligible to recieve a Stafford loan you need to be enrolled for at least 6 credits in an eligible program. If you owe money to the school you may be able to work with the financial aid office to have your futire aid disbursements pay off the balance. If you owe a financial aid repayment then you must pay it yourself, as you can not pay financial aid back with financial aid.
2007-02-01 15:36:49 · answer #1 · answered by SZ 3 · 0⤊ 0⤋
you cannot pay your past balance with stafford loans. your best bet would be take out a private loan to pay off your past balance when you enroll for the next semester and get packaged for financial aid. If you do not have a good credit history and believe that you will be denied for the private loan, find a co-signer with a good credit history.
2007-02-01 15:09:53 · answer #2 · answered by ms 1 · 0⤊ 0⤋
studeent--in school.. I wish I could get loans and not go to school too. I would love to move to a city where they have a LOT more than they have here. I am in the same position. I owe money to a school (their screw up not mine) and they won't release a transcript for me to finish school and have some money to pay them back.. A catch 22.
2007-02-01 14:00:11 · answer #3 · answered by chilover 7 · 0⤊ 0⤋
Financial aid cannot be dispursed until conditions are met such as fulfilling past obligations.
You must, somehow, meet the requirements of your past obligations to show that you are worthy of a future government investment.
Sorry, I would love for them to give me money too. I want a boat and I want to pay off my house.
Ahhh, a girl can dream, can't she?
Listen, here's a word to the wise...spoken by one the best contemporary comedians of our time..."GET R DONE!!!"
You'll be able to resume your education. Isn't that the whole point?
2007-02-01 13:10:56 · answer #4 · answered by TygerLily 4 · 0⤊ 0⤋
sure, you are able to prepare for own loans before you initiate college. the money won't going be dispersed to the college till you initiate college. in case you would be unable to attend college on supplies you, federal loans AND scholarships then you might desire to discover a college which will furnish you a extra sensible economic help kit. private loans have substandard lterms and extreme expenditures of interest. They require a cosigner and a credit verify. in case you require a cosigner to take out those loans, be sure your cosigner is familiar with you will choose them for the subsequent 4 years. you do not opt to might desire to drop out your senior 365 days simply by fact your cosigner skips out on you.
2016-09-28 07:28:34 · answer #5 · answered by ? 4 · 0⤊ 0⤋
I found this http://wiz.sc/studentloans article it should answer your question it has some good information on student loans.
2007-02-03 03:14:20 · answer #6 · answered by gooner1212 3 · 0⤊ 0⤋
no, you have to wait until you are enrolled.
2007-02-01 13:03:39 · answer #7 · answered by sarah c 2 · 0⤊ 0⤋