I have like enrolled into a school a week ago (sullivan and cogliano) which is like a training and job placement program but I never went because I am no longer interested in the program, so I would like to know would I have to pay back any financial aid or student loans if I never started school.
You did enroll, and you did apply for funds on a loan. Did you receive the funds? If your answer is yes, then you are obligated to pay back the loan. Was your financial aid in the form of a scholarship? If your answer is yes, then you need to check with the source of the scholarship funding to find out whether that money can be used for other purposes. The most reasonable answer is yes, you are expected to give back the funds which we intended for your education but not used.
powered by Yahoo Answers
Geared to parents and high school Juniors and Seniors, this class will include: information on accessing and completing the FASFA, various types of student loans, what information you need and how to organize it, how and where to acess scholarships, tips on letters of recommendation and personal
Continue
On Tuesday, March 31, the New America Foundation’s Education Policy Program hosted “The Future of Federal Student Loans” This event featured representatives from the Obama administration, the student loan community, and New America’s Education Policy Program to discuss the pros and cons of the President’s proposal to stop guaranteeing federal student loans and to instead make the loans directly.
On Feb. 26, the Obama Administration laid out a bold plan to expand financial aid, paid for in part by ending the Federal Family Education Loan (FFEL) program and instead contracting with companies to service loans. This proposal is controversial in the lending community, the higher education community, and on Capitol Hill.
Duration : 1:40:0
Continue
Technorati Tags: college, education, Federal, FFEL, loans, Obama, Private, Public, Reform, Sector, student
Do I NEED to fill out the FAFSA in order to get Student Loans or Aid?
The US federal government is far and away the number one source for student financial aid. More than 2/3 of all US college students receive one or more forms of financial aid from the US Department of Education, and that aid adds up to tens of billions of dollars every year.
The ONLY way to apply for federal student aid is by completing the Free Application for Federal Student Aid, better known as the FAFSA.
Because the FAFSA form is so ubiquitous, most states and colleges rely on that exact same information to determine who is eligible for state aid and institutional aid. Some schools ask for additional information - many of these schools use the CSS-Financial Aid PROFILE application, in addition to the FAFSA form.
Though technically you might not need to complete the FAFSA to apply for private educational loans, the financial aid office is required to certify your financial need to all educational lenders, so it’s highly likely that your school would require you to complete the FAFSA even if you were electing not to apply for federal, state and institutional financial aid.
There really aren’t any good reasons not to apply for federal financial aid, as the federal forms of aid are the most numerous, the most available, and the most attractive forms of aid. The federal government’s student loan programs, the Stafford and the Perkins Loans, are far cheaper and easier to get than any other educational loans. Stafford and Perkins loans have low, fixed interest rates, and do not require a credit check or a cosigner, while private educational loans are generally high-rate variable interest loans that are rarely available to student applicants without a cosigner.
Completing the FAFSA is not a requirement to admission for any US college or university, but you would be hard-pressed to any significant financial aid without taking that route.
If you need more information about the federal aid program, I highly recommend the US Department of Education booklet that I’ve linked below - it’s called “Funding Education Beyond High School: The Guide to Federal Student Aid”, and it explains the entire student aid system, including scholarships, private educational loans, and the entire federal aid program.
Good luck.
powered by Yahoo Answers
Im in wisconsin, im 17, this is my first charge for a misdemeanor. Am i not going to be able to get as much/any financial aid or student loans?
Look on the fafsa.gov website, I think anything drug related pretty much deems you disqualified for financial aid, as well as being certified or licensed if you do attend college, when its time to graduate.
Try to get it expunged or sealed. That way it won’t be accessible anymore. Although financial aid would not be affected either way.
powered by Yahoo Answers
HOME Main Categories Student Loan Online Fafsa College Loan Scholarship Financial Aid Grant Direct Loan Student Loan Consolidation Federal Grant Scholarship Search Federal Stafford Loan Student Loan School Loan Consolidation Private Student Loan School Loan College
Continue
I have an expected contribution of $2,500…. I have no idea what that means.
its better for you to try an online loan.i think that the below website will help you to find the right solution.