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Archive for November, 2007

How to Apply for Student loan for MS degree?

Friday, November 30th, 2007

Rosee asked: Should a 23 yr old student, who is planning on persuing a Master’s degree apply for a studet loan in his own name, alone, or add his parent’s information, also?
Should the student skip step 3, and go to step 4, on the FAFSA application?
Wouldn’t the student qualify for more financial aid applying on […]

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Tax question regarding default student loan and joint return?

Friday, November 30th, 2007

Julia asked: We have a daughter with disabilities and have many many medical bills. Consequently, my student loan is in default. My husband has not student loans. I was wondering if my husband and I file tax together will the government take our income tax return?Dean

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Does a student loan and a bank loan affect your credit the same way?

Tuesday, November 27th, 2007

videogamer1979 asked: I have one credit card ( revolving credit ) and I have one student loan ( fixed monthly payments ). I want to keep one revolving account and one fixed account. Would a bank loan that pays off the student loan look better as a fixed loan? I guess my […]

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