Archive for the 'Low Interest Student Loans' Category

Wednesday, August 26th, 2009

Student loans?

nita23 asked: I currently have two student loans in default. I already made arangements to pay my deferred loans and I have been paying them on time for the past three months. I would like to know can they still garnish my income tax although I am paying on the loans?

Wednesday, August 26th, 2009

How do student loans work, and what are my options for applying for graduate student loans?

cassie c asked: I want to apply for a Master’s Program at Copenhagen University… but have no money! Where exactly do I start? I know very little about student loans in general, and especially little about them when studying internationally, especially at the graduate level. Do I need to talk to the University? How do [...]

Wednesday, August 26th, 2009

How do student loans affect a mortgage applicaton?

tomiko asked: I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining [...]

Wednesday, August 26th, 2009

Student loans have to start being paid off 6 months after you graduate. What if you continue to law school?

jlbilby asked: I’m planning on going to law school after I graduate from a 4-year college. I’m just wondering if I’ll have to start paying back my student loans after 4-year college, or after I graduate from law school?
P.S. I’m just doing some preliminary checks on student loans in general, I’m a senior in high [...]

Wednesday, August 26th, 2009

What Loan company will take over my federal student loans when the loans are in default?

Dat_1_Chiq asked: What Loan company will take over my federal student loans when the loans are in default so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the [...]

Wednesday, August 26th, 2009

What Loan company will take over my federal student loans when the loans are in forbearance?

Dat_1_Chiq asked: What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the [...]

Wednesday, August 26th, 2009

How do student loans work? Once I start paying them back, do I have to pay back consistently?

U2 asked: Like if I have $1000 now gathered from working as a student for 2 years, can I use that to pay some of the loan back? Or, is it that once I start paying back loans, I can’t stop, and I must consistently pay them back every month?
Also, do student loans have [...]

Wednesday, August 26th, 2009

What does it mean when my student loans have a zero balance due to a claim?

river85715 asked: My student loans are through NelNet and I received a letter from NelNet instructing me to stop making payments. The reason they give is that my student loan account has been paid by a claim and now has a zero balance. I have had student loans since 1995; but I also [...]

Wednesday, August 26th, 2009

What student loans will accept MMI as a school?

audie asked: I am looking for a private student loan, to pay for room and board and food, etc. But most student loan companies don’t accept MMI (Motorcycle Mechanic Institute) as a school on their apps.
Does anyone know of a student loan that does? Other then Sally Mae, they only do tuition type loans for [...]

Wednesday, August 26th, 2009

Can student loans prevent you from leaving the US?

Anita asked: If I am a US citizen with student loans (about 13k) will I be allowed to leave the States?
I am planning on moving to another country for a period of time in order to get married to my fiancee. However, I intend to return to the States and pay the loans in any [...]