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Archive for March, 2008

How should I structure my student loan payments?

Monday, March 31st, 2008

Lil Miss Answershine asked: I have a LARGE amount of student loans, both federal (consolidated) and private. My private loans are on a variable interest rate. I feel like I am spinning my wheels paying each month to a balance that doesn’t seem to move.
What can I do? Should I put the fixed rate loans […]

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If I consolidate my student loan with a personal loan can I still write off the interest?

Thursday, March 27th, 2008

Emily asked: I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will […]

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Student loan?

Wednesday, March 19th, 2008

Alex K. asked: I know I’ll need to get a student loan sometime during my university studies. I was just wondering how they work, what you need to get one and how long you have to pay it back. Any extra details would be much appricated.
P:S I am a planning on studying in the U.S […]

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What does a student loan company like Stafford do to co-signers? Do they get notified of the loan if someone?

Tuesday, March 18th, 2008

rbcny9 asked: What does a student loan company like Stafford do to co-signers? Do they get notified of the loan if someone takes one out and uses them as a co-signer but pays it back right away? If so, how? I joined the army so I get loan repayment.Terry

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How do you figure student loan money on tax forms?

Monday, March 17th, 2008

I color outside the lines asked: Is it counted as income? Do you have to file taxes on student loan funds?Wanda

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Can you receive a student loan after you have filed bankruptcy?

Tuesday, March 4th, 2008

happieis2000 d asked: I filed bankruptcy in 2000. I have heard rumors that once you have filed bankruptcy and listed your student loans on it, you cannot receive any other educational financial assistance. My bankruptcy was discharged in 2001. At that time, I did have a student loan that I listed on my bankruptcy. However, […]

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