Default student loan, Going back to school- want federal aid

SOAPLADY......I've used the 'Income Contingent Plan' on my Student Loan. I've used all the deferements and forbearances I can use. However.....I've never heard of defering a loan for 25 years...that's a long time!! Here's my question......: if you pay on a loan for 25 years, and you STILL have an outstanding balance on your loan after that time, your loan can STILL be written-off?

You cant really defer 25 years....well I suppose you could be a perpetual student.

And yes, after 25 years of repayment, your loan balance is written off....it is on the direct loan site.

I hsve my Student Loan through AES. Just seems like I've been paying on it FOREVER!!LOL Had a few 'deferments' and 'forbearances', etc. Gosh....I suppose, some day, I'll get this paid off.

( I guess I'm just venting..) I'm a month behind in my payment, to my Student Loan. Just seems like I can't 'keep up with it'. I DID call and tell them I would have a payment as soon as I can. Just frustrating, I guess. I don't have any 'deferments' left. Any suggestions?

Have you consolidated your loan? I am assuming this is a federal loan.

I have two major student loans, from two different schools, broken in to about 7 or 8 smaller loans, each loan for about 2500 or so. At the moment the older major loan is being garnished. I want to go back to school, and I want all my loans, about 50k in all to be consolidated, so that I can get out of default, out of garnishment and back on track, is there any way to do this? or am I just out of luck?

You have 7 or 8 loans...each dispersment is a seperate loan and not part of anything else. Just wanted to clarify this.

You would need to rehab the loan that is being garnished. It will take 9 payments over and above the garnishment. You cannot consolidate a loan that is currently being garnished.

each term was a new loan. but since I went to two different schools, I think it is just two big loans. I just got a message from DMS, saying they can/will try to help me. and read that I can not get any government help what so ever, food stamps, unemployment etc. Do I need to continue deferring my second loan, while my first loan is being garnished? can I be garnished for both?

I'm so excited!!!! I just got my financial aid check today. I'm going back to schoool....soooo happy!You'll never believe where I found the grant money!
Spam link removed

Grant money is available thru your school...you do not have to sign up thru the spam links.

I left school on a medical leave, withdraw passing in 2006 and have since defaulted on all student loans. I have 100 credit hours and want to finish my bachelors, pretty sure I'm only 22.5 hours away??? Any advice for me??? I'm not objecting to paying monthly payment to the university to finish either...

Monthly payments to the university? Did you default on a perkins?

If you have defaulted on anything directly owed to the university, you will not be able to register or get your transcripts until you are paid in full.

New York HESC $37,658.53!!!

I received the Subsidized Stafford, Unsub. Stafford, TAP, PELL and Perkins!!! Maximum amounts for undergrad each semester to pay for food, housing and transportation. I'm officially a first semester senior, I believe...

The staffords and perkins can be taken care of thru either rehab or by consolidation. If you had a pell overpayment, that will have to be repaid in full. TAP? dont know what that is...but if defaulted and you owe it to the school, it too will have to be repaid in full.

Thank you for your help!!!