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Should I take a student loan?

Can I take out a student loan? Please see details below.?

  • Hello, I have a question. Back in 1992 I went to college, took out a student loan, got really sick, and a few years later my loan was medically discharged. Ten years later my health started to improve, and a few years later I went back to school, took out another (and was approved for) another student loan, in 2005, went to school for a year and a half, my husband got in a car accident and died, so I had to put school on hold, and work full time (have two kids) and have made every student loan payment that has been due, I am current with it. I have now decided to go back to school, applied to a different, college, not too far away from the last one, and the first time I went in there, the clerk/employee there, said that something looked strange on my report for financial aid, but after explaining everything, she said there should no problem for me to get another loan, since I was given one in 2005 and have been current on it. A few weeks later, I went in and a different person, said, that I would not be able to take out another student loan because of the first one I had that was discharged, even though I was offered one in 2006 and turned it down that year, and was given one in 2005. This doesn't make since to me why I got one in 2005, was offered another in 2006, why now I would not be able to get one. Do the schools themselves have any influence on who receives it, or do they have their own policies that can effect who receives a federal student loan? Any suggestions?

  • Answer:

    I saw your question I have decided to help people out due to the fact that I myself has been scammed four times by four lenders in my search for a loan but at last I got a reliable lender. that gave me the loan($60,000 USD) that I was in dire need of. Hence I decided that I will refer anybody I come across to this God sent lender he is reliable and his terms are fair. You can get to him via his email address: [email protected], Please tell him that Pastor Mrs Jean Sonia from CA. USA . I have search for a legit lender until I got him and I decided to help my fellow humans with this because there are a lot of fake lenders out there and I do not want any body to fall a prey please get to him and tell him that I referred you to him. Thanks Pastor Mrs Jean Sonia Church of God Mission CA USA.

Marie at Yahoo! Answers Visit the source

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Learners from poor families who need to have a higher education will normally have to acquire a loan from financial institutions in order to get an education. The government, through the local banks will advance such credit to students and have them pay them off once they have started earning. This may sound good but not until the former student is unable to pay off such debts. http://www.worldbestloans.com/student-loans.htm This is due to the high interest that such loans end up attracting making, it impossible for such a person to pay off the debt. Sometimes the student may stay for long before he can get employment, meaning the amount to pay continues to escalate. In cases like these, the debtor needs to get student loan help in order to keep abreast with such debt.

Aubrey

The nice thing about a grant is that you don't have to pay it back!! You can also start filling out a FAFSA, its a government grant: http://www.fafsa.ed.gov/ Beware of other websites that advertise FAFSA applications. I help my daughter fill out hers every year and this year I accidentally typed the website address wrong and ended up at a different FAFSA website. I thought they had just changed the website and went through the entire process of filling it out, only to get to the end and before you hit submit it tried to charge me $80! The real FAFSA, government site, will not charge you a fee to apply! Make sure that you type in the correct school year in your application!

Nevada Lady

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