Why is my school not listed in any private student loan lender?
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Financial Aid isn't going to cover everything, which not that it matters a whole since I am only able to get financial aid one semester out of the year due to my parents always filing their taxes late, and my school wants my parents taxes regardless if I get selected for verification or not. Anyways, I have to have private student loans as a result, yet every single private loan lender I go to doesn't have the school attend on the list? Why is that? I am about to just give up on college if I can't get a private student loan... no way I can keep paying in cash. My school is fairly large and well known in west TN yet it seems lenders won't lend their students money. Anyone know why my school is not in the drop down list? Has anyone had this problem?
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Answer:
Check on the school's website or contact the Financial Aid Office. Although they will not be able to provide with "preferred" lenders, they should be able to point you in the direction of a few lenders who will have the school listed in their application. Do this before you cause yourself any more frustration. They will be able to help. ETA: If you are receiving federal financial aid at all, the school is accredited.
Johnatho... at Yahoo! Answers Visit the source
Other answers
Just because a school doesn't offer student loans, doesn't mean they are not accred. For instance, most tech schools in Georgia, don't offer student loans. It just means your school chooses not to particpate in student loans. You'll have to find another school if you can't cover the costs.
trh2000_2000
hello i not really know why,but all i knw is that if you need a student loan u could get from,[email protected],and i think they can be of help.
LuAnn
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