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Can you get money for school if in default of student loan?

Megan Page

in Student Loans

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Heather Maxwell on May 16, 2018

In the united states, only if you rehabilitate or consolidate the defaulted loans. To rehabilitate, you need to make 9-12 ontime payments to your current lender. A great program that began last July 1 is the plan of payment based on income. If you consolidate your loans, you can opt for this rebate program. Your payment can be as low as $0 a month, based on income and number of dependents. You also have the balance forgiven after 25 years of repayment, even if you have hardly paid any of that. If you want help with the consolidation of your loans, click on the link below.


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