Christian Said:

Can I take more federal student loans for grad school?

We Answered:

Sounds like you may have maxed out your Stafford loan limits, but you should still be eligible for the Graduate PLUS loan, which is also a federal student loan and can help you pay the full cost of your education.

Think carefully before you take on this much debt - financial advisors suggest that your student loan payments should be no more than 10% of the salary you make when you graduate, so consider that before you decide to finance the full amount.

Arlene Said:

Can a grad student be approved for a mortgage with loans as income?

We Answered:

The simple answer-no.
You can't use loans as income, they are not considered income b/c you have to pay them back.

Tina Said:

Are student loans granted to grad students who carry credit card debt?

We Answered:

No worries. Because student loans are not dischargeable in bankruptcy and are (most often) guaranteed by Uncle Sam, lenders will loan you money based solely on your university's assessment of how much you need. They will not consider credit-worthiness or other factors that general lenders base their decisions upon.

I have received students loans even when I was carrying credit card debt approaching the six-figure mark, and again after filing for bankruptcy!

Jamie Said:

If you attend grad school and need student loans to help out with rent and bills, what are the options?

We Answered:

careers.scienceontheweb.net - it provides some tips about applying to US federal and state grants for college students.