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College Financial Aid Info/financial aid with a defaulted loan
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Question
Hi, i was wondering if i can still qualify for aid/grants or possibly a loan to go back to school? i went to school over 10 years ago for just one year and currently have a student loan in default. is it possible to still get grants or aid not necessarily something i have to pay back while having a loan in default? can you tell me where to start to get back on track? thanks so much.
I don't honestly know, but I doubt it. It shouldn't however affect your ability to get grant dollars. You may need to go to a 4-yr school and file the FASFA form. I wish I could give you a definitive answer. Talk to the financial aid office at the closest school to you.
David Disraeli
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David Disraeli
Expertise
I can answer questions about the financial aid process and the formulas used by the Department of Education in determining who qualifies for funding. I can also help people qualify for more funding by making strategic decisions to avoid being penalized for having "countable" assets. I cannot answer questions about scholarships.
Experience
23 years financial, estate, investments, insurance
Publications
http://www.debtfreegraduate.net
Education/Credentials
Certified Financial Planner
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