What do I do, as a student, when i am denied a loan but can’t recieve grants or financial aid?
Posted by StudentLoan on August 6th, 2010 | 4 comments
My father only mislaid his pursuit in might as well as my mother doesn’t have most money. He isn’t reception stagnation pay. we called a monetary help bureau during my propagandize as well as they weren’t as well beneficial as well as told me which they couldn’t unequivocally do anything.
I practical for a tyro loan (like i have for a past 2 years) though my mother cosigned this time given my father has no income. They denied my loan.
What do i do?
Comments
well try calling fafsa, like i did today. was your efc low or high???? If mom doesnt make much, and dad’s out of a job I dont see a problem here….unless probably if you are an only child . But regardsless I still say try calling fafasa.
Excellent luck!!!
Please be very wary of these offers below. Federal Title IV loans should always be your first option(outside of paying for tuition outright). If you’re parents have poor credit you may wish to have them apply for a federal Parent PLUS loan. If they are denied this loan, you may be eligible for additional unsubsidized federal Stafford loans.
Excellent Luck
Shawn
Im really new in this field of student loan and grants since I’ve been a international student for 4 years in america, but my wife has both parents disable with nearly no income to speak of and she got financial aid every semester. I reckon you should dig deeper and never rely on the service of a simple clerk. Always go further to the people that make the choice. Remember that this people that offer you small help are just hourly employees that now less about customer service.
ok so I was in the same situation except now I get grants. Ok I dont know what state you live in, but apply for a parents plus loan, if your parents cant co-sign for a private loan they will most likely and hopefully get denied for a parents plus loan. When they get denied, you get an extra 2,000 in state loans, or at least you do in NJ. The stafford loan will tripple your third year, so you should be getting aroun 6,500, (3,250 for each semester.) If you are going to a state school, this might be close to enough. Work two jobs all summer and pay the difference, that’s what I did my first two years, also if you have a close relative, I mean CLOSE relative they can maybe co-sign for you, but it’s asking a lot. I wish you all the luck in the world!!