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Defaulted Student Loan

Jacob Said:

How do I get back in school after I've defaulted on My student loan?

We Answered:

You start by updating your FAFSA at http://www.FAFSA.ed.gov
Then you contact the Financial Aid office at whatever school you want to attend. They're the ones through whom all of your grants, scholarships, and loans are processed anyway.

Jessica Said:

How soon can I apply for financial aid after you've paid a defaulted student loan off?

We Answered:

education.mypressonline.com - it has detailed info how to apply for financial aid and scholarships to get more cash.

Charlotte Said:

Will I be able to receive my income tax return with a defaulted student loan?

We Answered:

You file a tax Return and receive, hopefully, a tax Refund.
Those taxpayers with delinquent student loans, child support, & back taxes will find the IRS helps them pay off their delinquencies by offsetting their refunds to pay down their obligations.
This will never go away, but will only grow by penalties and interest while you refuse to pay what you promised to repay.

Regina Said:

If you pay off a defaulted student loan can you write off the interest on your taxes?

We Answered:

schools.medianewsonline.com - it provides some tips about applying to US federal and state grants for college students.

Mark Said:

Is there a way to file income tax & get refund while having a defaulted student loan?

We Answered:

As a taxpayer, I suggest you pay back what you owe. You are only compounding the problem and the penalties will increase. Who do you think the victim is in your scam?

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