Private College Student Loan

Will I be able to get student loans if I did not attend school this last semester?

I haven't contacted my lenders or nelnet. Should I be doing so or will the financial aid department work past it when I enroll? Give me advice if you have the time. Thank you.

Public Comments

1. You need to contact your lender to find out the status firstly. If you did not default on any previous loans (i.e. you did not lapse on your six month grace period) you can register for school, defer your loans and apply for a new one if you wish. However, if you did default on a previous loan, meaning you missed your first payment or any subsequent payments, you must bring the loan current by making between 6 - 9 months of on time payments and you will be eligible once you meet this requirement. Should you find it difficult to pay your loans at the amount agreed to on the loan documents, ask for an income contingency repayment plan.
2. i may say contact them
3. There is insufficient information in your inquiry, compadre. As long as you do not have delinquent or defaulted loans, I see no reason why you would not be able to secure the financing for school. I suppose that you could leave it to the financial aid department to resolve all the messy logistics of financing your post-secondary education if you do not mind arrangements possibly being made around you that are for the school's benefit rather than yours; still, it is far better that you do most of the dirty work yourself. Just make sure that the »dirty work« includes a viable plan for repaying all those loans; there is no difference between being FEROCIOUSLY and RUTHLESSLY pursued by the lenders for a delinquent loan balance and the state attorney general for back child support or the Internal Revenue Service for back taxes. I recommend that you seriously consider simply buying the college-level books and teaching yourself the material instead of being hunted down like an animal armed with an expensive post-secondary education that cannot be sold to any employer, compadre; it is by far cheaper. If you go the student loan route, make sure that you have the capability to get those student loans consolidated with a creditor that asks a minimum payment that you can easily afford; in my case, my consolidation lender only asks $56/month of me. $60 to $75 is about a fair monthly payment for a consolidation loan. You have a lot to do, compadre; get to it!!!