student loans
Date: Sat, 06/26/2010 - 19:36
student loans
If you are in default, you have lost your deferment privledges,
If you are in default, you have lost your deferment privledges, including in school deferments. So yes they can garnish both....plus you are not eligible for financial aid.
well i got financial aid approved i even got another direct loan
well i got financial aid approved i even got another direct loan approved. i have a deferement with direct loans the ones who are trying to garnish me is us funds aka sallie mae....so if i got approved for financial iad and even got approved for federal loans can they still do it or will they stop ..cause they havent started they just told me they where.
Bottom line...if you are in default on a FFELP loan which sounds
Bottom line...if you are in default on a FFELP loan which sounds like Sallie Mae/USA funds is, you are not eligible for financial aid. When they catch it, they will pull your current aid. If you received pell grants, they will be pulled and you will have to pay it back.
Your FAFSA I believe asks if you are in default. If you answered it incorrectly, you could have other legal problems.