Student Loan Requirements What Are The Requirements To Have A Student Loan?
What are the requirements to have a student loan? - student loan requirements
Am I obligated to have an income?
I have not asked to FAFSA on the street. Well, I can simply sign up to get a loan anyway.
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2 comments:
^ ^ You're right, do the FAFSA. It may be good for Pell or other grants, which are returned must be qualified.
Make yourself a great service proved. Do not count on a lot of money if you receive through loans and more than you need. It is your worst nightmare - I promise. E-mail if you want the gory details ...
BTW - do not count on the promise of interest.
Be very careful and to consolidate their loans.
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TJ:
If you want the FAFSA, no lending your search will be much more difficult. FAFSA will automatically be in the amount of Stafford loans for the government to qualify for loans, regardless of parental income.
Because the Stafford loan is a loan guaranteed by the government, no doubt about the use of your income, debts, assets or credit history. You can apply for Stafford in his own name, without information about his parents, and will never provide a guarantee.
The interest rate for Stafford is a low fixed interest rate of 6.8% and the repayment period (10 years) does not start until he found the school for 6 months on.
The only alternative to the Stafford is what is known as "private" or "alternative" loans. Dried up in the last year or two, the private credit market. There are a handful of lenders who provide loans for education, and there is little or no chance that an applicant for a student, approved without a very high credit will beworthy guarantor. The interest on private loans have adjustable rates that start higher in Stafford, and is probably more than in the very long maturities in a student loan.
Stafford loans are cheaper, easier to obtain, and is available. You will have a difficult time for any other type of loan in your account. I recommend completing the FAFSA, the financing of the school with the realization that the Stafford loan is probably the only school that you be able to close to achieve it.
Good luck to you.
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