i am a student at the university of Michigan, and need to take out a loan, but i don’t know the best place or most affordable i guess is a better question….also i am going to be moving to mexico to study so have to be able to use the money there too…
I use Sallie Mae- they are reliable and payment friendly, meaning that you can make payments online and there is usually no penalty for paying a large amount at once or not paying at all until you graduate and are no longer taking out any loans. Other than that- a rich relative that will charge you little to no interest. My dentist recommended this to me, but unfortunately I don’t have a relative that could do that for me.
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I live in Mexico but am a U.S. resident, I want to go to the University here cna I still get finicial aid from the U.S.
Yes, sometimes you can. Sallie Mae International should be able to help: http://www.salliemae.com/international
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in my american tax return? I am filing single, in the state of Washington and itemizing.
The loan generated interest which is what I would like to be able to deduct…
You can if you paid student loan interest on a qualified student loan. Principal payments do not count. Also, if you make enough money, you cannot deduct all or any of the interest, which you might check into if you earned over $100k.
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Clearly interview with Michelle Richardson-Touson about the realities of getting a higher education. Michelle doesn’t think American college students should have to mortgage their lives to earn an education, but that is what she has had to do.
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Citizens in New Mexico will be receiving an additional tax rebate from the state if they filed their 2007 tax returns, here is the link to the website confirming this: www.tax.state.nm.us/rebate.htm My question is this: will my rebate be applied to my defaulted student loan? This happened with my 2007 federal tax return and stimulus check as well. Now, I DID receive my 2007 state return from New Mexico, as it was not applied to my loan. So, is it that only federal tax returns and rebates are applied to student loans or does it also apply to state returns and rebates as well?
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You don't know the circumstances as to why my loan is defaulted, dont need the high and mighty responses, answer the damn question or go back to your miserable lives, hateful, insignificant detractors!
Thanks for the responses, everyone. The hateful detractor comment was to the first 2 people that gave smart a$$ remarks instead of answers to the question.
The way it is supposed to work, the student loan will get it.
But frequently the IRS misses things like this.
As one hateful, insignificant detractor to another.
Skyrocketing debt from student loans coupled with the expensive health care plan McCain is touting would put the American Dream even her out of reach for college students.