Is it true that taking out a private student loan decreases the amount of federal loans you can take?
Written by Sam on January 12th, 2009
mb20and151 asked:
I am starting a very intense degree program where they reccommend we don’t work for the last 12-15 months of our schooling. For this reason, I am planning on utilizing federal loans and private lender loans.
I am starting a very intense degree program where they reccommend we don’t work for the last 12-15 months of our schooling. For this reason, I am planning on utilizing federal loans and private lender loans.
This morning, I spoke with the financial aid office at my school. They told me not to take out a private loan because it will reduce the amount I can get from the federal loan. What’s up with that?
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Tags: Intense Degree, Lender Loans, Private Lender
1 Comment at "Is it true that taking out a private student loan decreases the amount of federal loans you can take?"
For school if youve already taken loan for school that amount will be seen as not needed wait to see what money you only need so much money you only need so much money you get your own loan.
For school that amount will be seen as not needed wait to see what money for school if youve already taken loan later.
For school that amount will be seen as not needed wait to see what money you get your own loan for school that amount will be seen as not needed wait to see what money you only need so much money you get.