Archive for April, 2011
How do i report student loan money on my taxes?
Sunday, April 24th, 2011chandiepoo asked: I am doing my taxes - I was a student in 2009 and, although I worked part time, I mostly lived off of student loan money. How do i report that on my taxes, if I do? Thank you so much!Carrier Heat Pumps
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If you default on a student loan do you have to pay back immediately if you are still a student?
Thursday, April 21st, 2011Nicole asked: My fiance dropped below part-time last semester (due to personal reasons) and was informed by the company that gave him his student loan that he has to repay the $3500 loan in six months. If he is going to be a full-time student in the fall does he still have to pay this […]
Better to pay off student loan debt or invest in a home?
Saturday, April 16th, 2011Donna C asked: My husband (to be) and I have a large amount of student loan debt. Would it be better to pay this down or off quickly while dumping money into rent - or to invest in a home and pay less money on our student loans (home will cost more so we’ll have […]
Is it possible to get a federal student loan to pay off a private student loan?
Wednesday, April 13th, 2011agizzle105 asked: Im currently active duty AF with 5000 dollars left on a student loan prior to enlistment I am also currently enrolled in school. If I defer payments on my loan it still collects interest. Is there a way to get another student loan to pay off my current one then put it into […]
How often does interest accumulate on an unsubsidized Stafford student loan from the government?
Tuesday, April 12th, 2011Level T asked: The interest rate on an unsubsidized Stafford student loan is 6.8%. How often does interest acculumate on such a loan? For example, if my loan is $5000, how do I calculate when and how much interest is capitalized onto the loan. Thank you for your help.Flex Track Lighting
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Will those individuals who have defaulted on a student loan still be eligible for the 2008 tax rebates?
Sunday, April 3rd, 2011Denise J asked: Typically, those who have been forced by the recent economic factors to default on a student loan do not receive tax refunds. The refund dollars are applied to the loans. Will the same apply to the proposed 2008 tax rebates?Outdoor Gas Fireplace
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