Q & A about college loans

1.Can Student Loans ccover off campus housing?
Yes, you may use your loans realte to anything wiht college.

2.How do you get a student loan without a co-signer?
Federal loans (ex. Stafford loans) are not based on credit history, therefore you wont need a co-signer.

3.If student loan payments get to extreme, would filling for bankruptcy remove you student loans?
In some extreme cases yes

4. Can you apply for federal studeny loans if you already in school?
Yes you may.

5.What is a Perkin loan?
A fedearl Perkin loan is a low-interest loan for both undergrad and graduate students with exceptional financial needs.

6. When would be a good time to apply for loan?
Finacial aid will aquire you to apply for whenever you need it.

7. Whats the difference between subsidized and unsubsidized student loans?
Subsidized means it is a need -based so the government pays the intrest while your in school.

8. Are loans-by-phone companies legitimate?
Not all of them are, make sure to check if they are registered by the state.

9.Do student loans show up on your credit report?
Yes, both private and federal loans will show up.

10.How old does a co-borrower have to be?
18 or older with a credit history.