Bobby Said:

Financial aid student loans all 4 quarters?

We Answered:

There are many options for financial aid, but state laws and school policies may have significant impact. I actually never heard of a restriction on grants.

The best bet is to contact the financial aid department of your school to see what can be applied or what other options are available.

Do consider scholarship opportunities, too - many civic, fraternal, and faith-based organizations offer scholarships for a variety of applicants.

Julia Said:

How much does financial aid and student loans usually pay for college?.?

We Answered:

you can get up to 5500 in a federal stafford loan. If your mom is low income, you can get up to 5550 in a federal Pell grant. Since you have CHOSEN to attend an expensive out of state school, your mom will have to borrow the rest in a parent PLUS loan for you. But since she's single, asking her to take on that burden seems pretty selfish...especially since she'd have to do it all FOUR years you are in school. That is a lot of money and 4 different loans with 4 separate payments she'd be making when you are a senior!!! Yikes! I'd look for an in-state school that you can attend on your Pell grant alone).

Good luck.

Alberto Said:

can someone help me with questions about student loans and financial aid?

We Answered:

It depends on whether you just owe the school money, or, if you back grant money or are in default on any federal student loans.

If it's the former, you can still use financial aid.

If it's the latter, you're out of luck because those records are on the NSLDS and any school will see that.

Willie Said:

How do you get student loans/financial aid for college w/ out parents tax info?

We Answered:

colleges.mywebcommunity.org - it has detailed info how to apply for financial aid and scholarships to get more cash.

Kay Said:

does a misdemeanor for drug paraphernalia cut my chances at student loans/ financial aid?

We Answered:

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.

Sherry Said:

What is financial aid, student loans, grants, et cetera?

We Answered:

Great site for this question: http://www.nasfaa.org/subhomes/doitaffor…

What you do is you apply for financial aid on the FAFSA home page, and please do it online it is so much faster! Apply January of the year you will need it. Do it January 1 using the last taxes you did as an estimate, then when you get your W2s after January 1 do yours and your parents taxes fast and go back on the FAFSA homepage and make corrections with the actual numbers. This is what we did. My daughter is attending fall 2010, January 1 2010 we need the FAFSA using our 2008 taxes. Then when we got our 2009 taxes done as soon as we could we went and made the corrections. This is because the earlier you apply the more you will get based on your financial need. Because the govt make all the financial available Jan 1 and then students start getting the aid and the amount of money gets less and less as time goes on so.

Note the dates because there are deadlines to apply for the FAFSA.

Grants do not have to be paid back. There are federal and state grants (govt), colleges offer their own grants too.

Student loans are paid back by the student. Federal loans, and private loans. Federal loans are stafford loans that the govt offeres. These are special loans. They are subsidized and unsubsidized. Subsidized are given based on financial need and unsubsidized are not. When do you pay them back: http://www.slfc.com/payingstaffordpaybac… There are limits to how much you can get: http://studentaid.ed.gov/PORTALSWebApp/s…

Other student loans are private loans, you get through your bank etc.

There are also federal parent loans: http://studentaid.ed.gov/PORTALSWebApp/s…

Parents can also take out private loans like from a bank etc.

The student can also ask federal work study on the FAFSA, Based on financial need you get a job at your college or in the community (you apply for open jobs) and you work around your school schedule for at least minimum wage up to amount you get. My daughter 1000 so she will work until she earns 1000 and will get a check every 2 weeks and the job will end after she earns that money and she spends that how she wishes.

Your fafsa includes your taxes and your parents (if you are a dependent student) and those incomes are used to calculate your financial need.

Here is a great site to inform you: http://www.finaid.org/

Also you can apply for scholarships to help you pay for college.

Marion Said:

Can I still receive Financial Aid from school and student loans if I get a judgement on my credit?

We Answered:

The short answer is yes and no.

Your financial aid from the federal and state government is based on your financial situation and how much income and assets you have. The lower your income is, the more financial aid you will get. The credit card company can't touch this money because it's paid directly to your school (government grants, stafford loans, and perkins loans).

However, let's say you need additional money for school. So, you apply for school loans. It's unlikely you'd get approved.

In dealing with the credit card company, I suggest giving them a call to try and work something out. You can explain that you simply cannot pay it right now and you can ask them to stop charging you interest in exchange for making monthly regular payments (of whatever you can afford, even $5).