Sentences with phrase «even subsidized student loans»
If it is relatively high, the children will not be able to qualify for any kind of financial aid or even subsidized student loans unless they can prove they are totally independent.
http://allfinancialmatters.com/ Not exact matches
Government loans like the subsidized Stafford loan are generally reserved for those students who have the greatest need (meaning they don't have even close to the amount of money to pay for their education) and have already exhausted all of the grants available to them.
This is due to the fact that federal loans are subsidized loans and carry low interest rates while only some private student loans are subsidized and even those which are still charge a higher rate than federal loans.
In order to apply for subsidized Stafford Loans (or even unsubsidized) you must complete the Free Application for Federal Student Aid (FAFSA).
So, even if the federal government decides that you and / or your parents earn too much, and therefore, you do not qualify for a subsidized student loan; you can still take out an unsubsidized Stafford loan — up to the combined annual loan limits.