| Many people think if they have bad credit that | | | | been killed or permanently disabled while serving in |
| they cannot qualify for a student loan. there is | | | | the military that is injury related, you may be |
| some validity to this, but it's really not as bad as | | | | eligible to receive around $400 per month for |
| most people think. | | | | education expenses until you turn 26 years of |
| There have been people known to obtain student | | | | age. Once again, the financial aid office will |
| loans even after a bankruptcy. There is really only | | | | probably not know about this and you will have to |
| one main factor that will determine your ability to | | | | do your own homework and research to find the |
| qualify for a student loan. This one credit problem | | | | paperwork that needs to be filled out and turned |
| is if you had defaulted on a previous student loan | | | | in. |
| in the past. If you have not defaulted on a | | | | If you are in the medical field, particularly nurses, |
| student loan in the past, then you should be | | | | there are special government subsidized loans |
| eligible to obtain a subsidized or unsubsidized loan. | | | | available for you. Your interest rate will be much |
| If you do have bad credit and have defaulted on | | | | lower than many other people who obtain |
| a student loan before, there may be some | | | | subsidized loans. Interest rates can change |
| options left for you. If you are a veteran of the | | | | year-to-year, depending on the economy and a |
| United States military and have served three | | | | few other conditions. There are loan ceilings that |
| years in active duty, then you will be eligible for | | | | will determine a maximum amount that you can |
| government education benefits in the amount of | | | | borrow per year. If the money that you are |
| $350 per month. You will need to check with the | | | | eligible for borrowing is not enough for your total |
| financial aid office of the college you are attending | | | | education expenses, the financial aid office at your |
| for details about this offer. Many financial aid | | | | local university or college should be able to help |
| offices at colleges and universities do not know | | | | you find more money. Certain jobs come with |
| about this, so it may take some homework on | | | | more benefits than others, and nursing is a great |
| your part and theirs to find out the details. | | | | deal with many benefits. Make sure you ask your |
| If you are a dependent of a veteran who has | | | | local office about everything you may qualify for. |