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Sep
25

best company to consolidate student loans with?

Financial Aid

Pete S asked:
I currently have 4 student loans out. One in a small loan I plan on taking care of myself. One is Sallie Mae. One is a Federal loan and one is a Direct Loan. I want to reconsolidate my loans and am wondering which company offers the lowest interest rate?
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Sep
25

How does the Federal Stafford Student loan work?

Financial Aid

smartypants asked:
Is a check sent to me or does all the money go to my school? I’m just curious how it is supposed to work….
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Sep
23

Should I get my student loan through the federal lender or from a private institution?

Financial Aid

SKAM THE MAN asked:
They call it the william d. ford federal district stafford loan program… the less i have to pay in interest the better
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Sep
22

Are there any creative ways to remove/reduce a $20,000 federal student loan?

Financial Aid

scanjet asked:
Essentially I have a student loan that I’ve accumilated while getting my B.S. in Computer Science. I don’t enter repayment until another month. I can make payments but I was wondering does anybody know any creative ways to knock off the debt. I know people’s student loans gets canceled all [...]




Sep
19

Do any of the federal financial aid loans pay off prior collegiate balances?

Financial Aid

St. L asked:
I want to get back into school, but before I can do that, I need to pay off my past balance of $10,000. I already tried to apply for the Stafford loan, but I was told that it cant be applied to prior balances. I am trying to avoid gettin a personal [...]




Sep
16

How exactly to Federal Stafford Loans work?

Financial Aid

student asked:
I’m going to Law School, and I will be taking out just the Federal Subsidized Loan, $8500/year. What do I have to do to secure the loan? Do I have to find a lender and set it up, or does the school do this for me? Any help, links, advice [...]




Sep
15

How does the Student Loan Repayment Program work in the army?

Military

Bonny asked:
I am considering enlisting in the army and I was wondering how the student loan repayment program works. I have done some research so i do know that they pay a portion of the principle amount of a federal loan every year that you are enlisted and that you must score a 50 [...]




Sep
14

Can you apply for the federal stafford student loan before you register for your classes?

Financial Aid

Dan asked:
I have applied to a community college and just gave them my ged last week so i have not actually been accepted yet but the school accepts everyone so that is not an issue. I need to apply for the stafford student loan along with the salli mae community college loan just [...]




Sep
14

What are the consequences for a person defaulting on a Federal Student Loan?

Financial Aid

♥Special Red Girl™ asked:
I’m a college graduate, & my 6-month grace period is up. I’m disabled & receive a fixed, low income through Social Security. I took more undergrad courses after graduation to try to improve my GPA, but due to my disability & being hospitalized, I can’t continue schooling. I went to school [...]




Sep
11

Is consolidating my federal student loans with Direct Loan Servicing my best option?

Financial Aid

DminiknBonita asked:
Do they have the best rate? After all, THEY ARE the government, whom regulates rates, correct?
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