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I attended college for one year. At the time, my dad had just died, my family lost our home due to his unemployment a few months earlier, my mother was very dependent and had never had a job, and almost every weekend she would visit my dorm room unannounced to cry on my shoulders about being 36 and having to move back in with her parents. I quit school, got a minimum wage job, got an apartment, and helped her financially. I then lost my job and worked part-time minimum wage jobs for several years. I was living in the Appalachian region of Ohio where jobs, even part-time jobs, have been hard to find for years.

When she found a boyfriend I didn't get along with, I moved to another area, met my (now ex) husband and had two kids. He wouldn't keep a job, nor help me with the kids while I worked, so, again, I struggled financially. We ended up filing bankruptcy in 1994. After our divorce, he didn't pay child support for several years.

My children are both now adults and I've had the same job for 12 years. I still don't make much money ... $10.85 an hour. I asked a bankruptcy attorney several years ago about making repayment agreements for my student loan and he told me sometimes it's best just to leave sleeping dogs lie. It isn't even on my credit report, so I have no idea how to even go about making a repayment agreement.

I guess my question is is it possible to obtain financial aid again after 20 years of default? Again, both my children are grown, I would like to do better in life than what I am doing, I feel that I haven't reached my full capacity, and I would like to return to college. It's difficult to live on a net pay of $323 a week (full time even!) while stagnating in a job that offers absolutely no challenges or chance of advancement. I pay all my bills out of this (rent, utilities, groceries, etc.) and am actually still supporting my 19 yr old son while he goes to college on $323 a week!

Would making the 12 payments, as I've read about, put me back in good financial standing after that many years so that I would be eligible to receive financial aid again? Or would the total due, which I don't even know what that might be, have to be paid? Would I even be eligible again for financial aid at this point in time?




Sub: #[URL="http://www.debtconsolidationcare.com/forums/showpost.php? p=936664&postco..."]1[/URL] Been In Default for Over 20 Years
Replied on Today, 06:40 PM
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[COLOR=#000000] Quote:

My children are both now adults and I've had the same job for 12 years. I still don't make much money ... $10.85 an hour. I asked a bankruptcy attorney several years ago about making repayment agreements for my student loan and he told me sometimes it's best just to leave sleeping dogs lie. It isn't even on my credit report, so I have no idea how to even go about making a repayment agreement.
The attorney was an idiot. There is no SOL on federal student loans and your interest has been accruing on a daily basis. You could have consolidated these years ago. How many times has your tax return been seized??
Quote:

I guess my question is is it possible to obtain financial aid again after 20 years of default? Again, both my children are grown, I would like to do better in life than what I am doing, I feel that I haven't reached my full capacity, and I would like to return to college. It's difficult to live on a net pay of $323 a week (full time even!) while stagnating in a job that offers absolutely no challenges or chance of advancement. I pay all my bills out of this (rent, utilities, groceries, etc.) and am actually still supporting my 19 yr old son while he goes to college on $323 a week!
Your son is an adult....time for him to support himself. He needs to get a job on campus and support himself.
Quote:

Would making the 12 payments, as I've read about, put me back in good financial standing after that many years so that I would be eligible to receive financial aid again? Or would the total due, which I don't even know what that might be, have to be paid? Would I even be eligible again for financial aid at this point in time?
How much did you originally owe???
Personally, I would go straight to consolidation. http://loanconsolidation.ed.gov/
First you will probably want to look up your loans on [URL="http://www.fafsa"]www.fafsa[/URL].ed .gov/ [/COLOR]

Sub: #1 posted on Tue, 09/04/2012 - 16:38

SOAPLADY SOAPLADY
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I've never had my refund intercepted, I haven't received any correspondence, nothing. And my loan has never been on the student loan website. I have no idea who to even contact about it.

My son doesn't live on campus ... he goes to a branch. He does work part-time while going to college full-time and most of his income goes to keeping his vehicle on the road and gas, plus he has a baby, is paying legal fees for parental rights, and helps financially until child support is established. And he did, in fact, voluntarily file this case on his own so that he would have visitation. The mother wasn't going to establish child support for whatever reason.

My main question was can I hope to ever receive financial aid again? I realize I made a mistake. But I also haven't lived a life of luxury. I've been paying utility bills since I was 12 with paper route money and I've always had someone else to take care of until now. And now I'm stuck in every way imaginable ... mentally, physically, and financially. My last hope is to do something with my life. I'm in a job where the most you can hope for is a 25 cent an hour raise each year, but yet they donate thousands to a food bank when their own employees are struggling. This is the first time I've been able to think about myself for a change and is it too late now?

Sub: #2 posted on Wed, 09/05/2012 - 08:52

PFrank515 PFrank515

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You logged into FAFSA?? You could also try calling 1-800-4fedaid

How long did you attend school? It is possible that the financial aid was returned and you owed the school. What school did you attend??

Sub: #3 posted on Wed, 09/05/2012 - 08:59

SOAPLADY SOAPLADY
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