Comments on: How do student loans affect financial aid? http://financedeal.info/how-do-student-loans-affect-financial-aid/56/ What Finance Deal? Get the Latest Scoop Here. Fri, 18 Nov 2011 10:25:10 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: TAT http://financedeal.info/how-do-student-loans-affect-financial-aid/56/comment-page-1/#comment-66 TAT Thu, 20 Nov 2008 13:39:02 +0000 http://financedeal.info/how-do-student-loans-affect-financial-aid/56/#comment-66 It should not effect it because it is not income it is debt. Be careful. You don't want to get overextended before you are employable. I recommend a part time job It should not effect it because it is not income it is debt. Be careful. You don’t want to get overextended before you are employable. I recommend a part time job

]]> By: Diamond http://financedeal.info/how-do-student-loans-affect-financial-aid/56/comment-page-1/#comment-65 Diamond Tue, 18 Nov 2008 14:19:41 +0000 http://financedeal.info/how-do-student-loans-affect-financial-aid/56/#comment-65 On the FAFSA form, I didn't see any related to debt or loan so that I can assume that loan does not affect your Financial Aid but your income or/and parents' income does affect Financial Aid...also, you grade in college(contract) On the FAFSA form, I didn’t see any related to debt or loan so that I can assume that loan does not affect your Financial Aid but your income or/and parents’ income does affect Financial Aid…also, you grade in college(contract)

]]> By: crimsonedge http://financedeal.info/how-do-student-loans-affect-financial-aid/56/comment-page-1/#comment-64 crimsonedge Sun, 16 Nov 2008 19:08:48 +0000 http://financedeal.info/how-do-student-loans-affect-financial-aid/56/#comment-64 If all your tuition is getting paid then you really don't need a student loan. Taking out a loan to pay for credit cards is not really a good idea because you just going to have to pay it off later with interest. If you decide to get one anyways, Federal loans charge a lower interest rate than private loans. I believe it's 6.54% and is capped at 8%. If all your tuition is getting paid then you really don’t need a student loan. Taking out a loan to pay for credit cards is not really a good idea because you just going to have to pay it off later with interest.

If you decide to get one anyways, Federal loans charge a lower interest rate than private loans. I believe it’s 6.54% and is capped at 8%.

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