Posts Tagged ‘student’
Question by : Student Loan IBR application was not like online calculator?
My husband applied for IBR repayment plan based on our AGI of 52000 and a family size of three. He owes 41000 and I owe 38000. According to the Federal Student Loan IBR calculator his loans ought to be ~160 per month. When he applied the application outcomes said his new payment would be 360 per month! We referred to as and they mentioned everything in their number was right. This payment was greater than his prior payments employing the Graduated Payment schedule and they will NOT let us switch back to our payment program we had. What offers? What to do?
Very best answer:
Answer by Anonymous
you spend it and don’t use your loans in calculating his payments!! lol
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Question by Steffee: If i ask for student loans can i get money?
I only require dollars for books and stuff how can i get cash? Also do i neeed my credit score?
Best answer:
Answer by Daniel D
Properly if your in college your financial aid is not covering all your tuition such as books and stuff you must ask for federal perkins loan and they estimate it off you financial aid so it doesnt call for a credit score unless you do a private loan from a bank
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Question by chris j: Is it a federal offence to get a utilised vehicle for educational purposes with a student loan?
Is it a federal offence to get a used car for educational purposes -transportation to school only- with a student loan?
I’ve been told from my monetary workplace that if I use it for a car, it would be a federal offence…. wtf?
I’ve read this on – http://www.lawschoolloans.com/articles/student-loan-suggestions.php -
“Use student loans only for educational purposes. Making use of this income for other reasons is fraudulent and a criminal offense.”
It does not make sense, I was told I could use it for Gas, but not to get a car to transport me to the school.
Best answer:
Answer by CJ
Welcome to the Wonders of bureaucratic oversight, and huge, (useless) government.
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Question by Think about it: Is it far better to take out student loans or pay in money?
If a person has a lump sum of savings is it far better to use it up in tuition and housing (40k/year) or purchase a home and take out student loans?
I don’t qualify for a house loan but I do for student loans.
Greatest answer:
Answer by Rowdy Yayhoot
Pay cash for school and get a low interest home loan. No brain-er. Pay a lot much less in interest.
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