When we owe a loan for financia aid...?
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Being in default on a student loan is not something you should take lightly.
When we owe a loan for financia aid...?you should contact the ppl that u got the loan with and talk it over with them becuase i think you should get told wit a notice how much is taken and when payments are due... some state take it out with out u knowing... they try to be very slick about there buziness but u should contact them asap!!!!
When we owe a loan for financia aid...?If it is through the Dept of Education you should get a statement every month from them stating how much you owe them. It comes in an envelope that says Direct loans on it. If you have moved they may not have your new address. You can apply for a default and things through them if you just call them. There is a number. You can e-mail me if this is who your loan is through and I will give you the number. If it is through someone else then sorry I can't help much. Good Luck
When we owe a loan for financia aid...?Thats just th eway it is.I'm caught up in the same situation and they did the same thing to me.The fact is they are allowed to.You have six months to pay back the loan when you grauate or quit, then if u dont they take it out of ur taxes and will go as far as t take it out of your paycheck if u goto work.I did find out that if you call them and work out a payment pan (the least u can pay) then they will stop doing that to you.There is also a place that will consoladate the loans and will even contiue to pay for u to keep going to school the name i found it online under consolidate student loans and they will get ur tax money let alone real quick
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