Saturday, October 31, 2009

Is it true if your parents have too high of an income that you can't get a student loan?

my mom tries to trap us in a hole... (us meaning me and my brother) we always threaten we don't need her for college. and she always says, my income is too high for you to get a student loan(not poor enough to get a loan). she always try to put us in tight corners so she can control us. so is that true or is she just trying to control us like usual. (the reason i want a student loan is because my mom will hold it against me for ever that she is the one that will pay it for college, and also, that she can use it against me when shes mad at me)



Is it true if your parents have too high of an income that you can't get a student loan?

yes if ur parents make too much money u cant get financial aid u can go to the aids office and ask what the limits are for the college u want to go to ....but more than likely ur mom does make too much to get aid....sorry



Is it true if your parents have too high of an income that you can't get a student loan?

Unfortunately, yes it's true. I had to pay for my step children's education due to this nifty little rule. Ironic, since when I was college age, I was able to get my own student loans and my parents were doing better financially than I still am!



If you wait until the age of 25, you can fund your own college education.



If you live on your own for 2 years and can prove you were not a dependent on your parents tax returns, then you can fund your own education.



Is it true if your parents have too high of an income that you can't get a student loan?

You should be able to get a loan, you wont be able to get a grant.



Is it true if your parents have too high of an income that you can't get a student loan?

Call the Financial Aid office of the college/university you might attend and ask them these questions.



Is it true if your parents have too high of an income that you can't get a student loan?

a loan depends on your credit, not the amount of money you or your parents have. So if you have a job it should be pretty easy to get a loan, or maybe even if you dont have a job, cuz usually you dont even have to start paying back on a loan until you graduate. On the other hand if you are trying to get a grant then yes it can depend on your parents income until you are 23 or 24. ( I know I just applied a few weeks ago) Good luck! There is money for school out there with or without your parents help. When you apply to fafsa its like an application for all the grants available.



Is it true if your parents have too high of an income that you can't get a student loan?

Student loans is not what is the factor when dealing with high income. It is Grants. These are dependent upon being low income. Loans for students are dime a dozen and accomidate almost all income brackets. Expecially high income. But in this case these can be based upon you not her. I would suggest doing the following:



Try for scholerships first... this is free money that dosent depend on income and is based on career fields and or achievements.



second: go for the Grants. Also free money if you are low income and you dont have to pay back.



Third school loans. They use to be good intrest rate, but now are around 8% but you dont have to pay back until after graduation.



Is it true if your parents have too high of an income that you can't get a student loan?

Call your financial aid office %26amp; talk with them. My son in law got student loans in his name. Grants %26amp; etc. are not usually possible. I paid for my 3 kids education but he has $15,000 in student loans.



You know for a free ecation, it might be worth sucking i up, talking the money %26amp; saying thank you afterwards %26amp; ignore any other pressure. Parents should pay for college because they want their children to have an easier %26amp; good life. You would owe her a thank you %26amp; nothing more That was all I got or expected from my children.



Is it true if your parents have too high of an income that you can't get a student loan?

Yup. When you're rich, you don't need loans. You can afford to pay the bills!



Is it true if your parents have too high of an income that you can't get a student loan?

I believe the answer you're looking for can be found on this site. They've got lots of info about the subject.

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