Frequently Asked Questions represent the most common things students ask for. If you can not find an answer to your question you can Ask Our Experts.
They will be happy to research the answer for you.
 |
Apply Now For Student Loans |
| ALL | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
Are there special hardware and software requirements to complete TEACH Grant counseling ?
Yes, you need access to internet and a web browser.
 Top |
|
|
Need money for college? Use FastWeb's free scholarship search to find information on more than 600,000 scholarships! Find free money for college or an advanced degree. Search now! Heading Back to School? - Don't forget to find scholarships for college at FastWeb.com Find Free College Money! |
Are your monthly payments manageable?
If you have trouble meeting your monthly payments, have exhausted your deferment and forbearance options, and/or want to avoid default, a consolidation loan may help you.
| Top |
As an applicant, do I need to have a Social Security number to apply for a loan?
The borrower and any co-signer are required to have a valid Social Security number.
| Top |
Can a parent be approved for a federal parent plus loan in currently they are in a chapter 13?
Since PLUS loans are based on the parent's credit, most lenders will not pre-approve a parent that is in chapter 13. However, if the parents do apply and are denied a PLUS Loan, the student will then be eligible for additional unsubsidized Stafford Loan funds (currently as much as $4000.00 more per school year).
| Top |
Can a student loan be discharged or forgiven?
Yes, if certain eligibility criteria are met such as school closure, disability, unpaid refund, did not complete coursework, etc. you are eligible for a discharge and possible refund.
| Top |
Can borrowers currently enrolled in school consolidate their loans?
Yes. This loan if allowed for consolidation and it could be consolidated if you're still enrolled.
| Top |
Can educational loans be discharged through bankruptcy?
Generally, no.
| Top |
Can I alternate between making an online payment and mailing in a check?
Yes, you can use either method to pay your bill at any time.
| Top |
Can I apply for a loan if I am a resident alien?
Yes, certain non-citizens are eligible to apply, generally those who hold a valid Proof of Residency (I-151 or I-551) card.
| Top |
Can I apply for student grants if I have a student loan?
Yes you can. You can always apply for grants even if you have a student loan as long as you did not default on your loan. I would apply for grants even if I was in default on my student loan. Chances are you'll find a program that will give you grants for your education. It does not hurt to try as long as you are legitimate.
| Top |
Can I apply for student loans even though I'm already at school?
Yes. For private and peer to peer loans you can apply at any time. You can as well apply for federal student loans. You may not get them for the current year, but chances are you will. Some of the federal programs work on first come first server basis.
| Top |
Can I Change Work-Study Jobs?
In order to change jobs, you must terminate your current Work-Study position. Obtain a memo from your employer stating your last day of employment and the balance of your Work-Study award. Take that memo to the Financial Aid Office to the attention of Student Employment Center and have your new employer request the Work-Study Eligibility Form.
| Top |
Can I consolidate a PLUS Loan?
Yes, PLUS Loans can be consolidated into a Direct Consolidation Loan.
| Top |
| ALL | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
Related Resources
Tools and Calculators
Financial Aid Information
Helpful Resources
Student Searches
Useful Information
Back Home
