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

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I have decided to join my school again and I am sure that my application will be approved. The problem lies with funds. My credit is not very good. I've lost my last job very recently. Moreover I owe some default student loans. When I contacted a student loan servicing company, they told me that I won't be able to get the federal aid any more. Anyone else here having similar problem? Can anybody suggest me someway so that I can enter my school by next academic session?




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?

Sub: #21 posted on Mon, 12/14/2009 - 12:06

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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.

Sub: #22 posted on Mon, 12/14/2009 - 12:21

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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?

Sub: #23 posted on Mon, 12/14/2009 - 17:03

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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

Sub: #24 posted on Fri, 01/15/2010 - 13:05

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

Sub: #25 posted on Fri, 01/15/2010 - 13:11

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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...

Sub: #26 posted on Sat, 01/16/2010 - 15:58

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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.

Sub: #27 posted on Sat, 01/16/2010 - 16:02

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New York HESC $37,658.53!!!

Sub: #28 posted on Sat, 01/16/2010 - 16:05

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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...

Sub: #29 posted on Sat, 01/16/2010 - 16:09

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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.

Sub: #30 posted on Sat, 01/16/2010 - 16:12

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