I went to school at the Art Institute only about 2 months before realizing the school was a sham and wasn't teaching us anything. I begin the transfer process to the online version of the school because it is a good school, just not the Cincinnati location. Come to find out it would have cost me a lot more and I couldn't afford it so I quit. What do I do if I want to go back to school? Do I have to pay those off first? Now that I'm 23 and considered an independent student I might be able to get enough money. If I went to the same school, just a new location?
2007-12-20 00:05:08 · 2 answers · asked by Christina A 2 in Education & Reference ➔ Financial Aid
In a year, there is a good chance you will qualify as an independent student according to the financial aid rules. However, you will have to bring your student loan out of default status. It will require a number of payments before it is taken out of default status, so you will need to check with the holder to find out how many. In the mean time, I recommend looking and applying for consideration for outside scholarships. Also, you can start saving for your son's college education in a 529 plan, and I recommend joining uPromise. I will include some free resources below which should help. Good luck!
2007-12-20 01:31:59 · answer #1 · answered by dawncs 7 · 0⤊ 0⤋
It sounds like you don't ever intend to pay off you're first loan. Why would you be able to get another one and not pay it off either? Start taking responsibility for your life and you won't be getting into these situations.
2007-12-20 08:26:20 · answer #2 · answered by Larry E 7 · 1⤊ 0⤋