How much financial aid can you borrow up to before you can be denied any more?
November 16th, 2008 | by admin |huntspointxxx asked:
I owe almost $3500 in financial aid? I am thinking of applying to another college, but I am worried that I won’t get any financial aid since I already owe. Eventually, I will pay back my financial aid, but I was wondering is there a limit to the amount of financial aid you can receive?
I owe almost $3500 in financial aid? I am thinking of applying to another college, but I am worried that I won’t get any financial aid since I already owe. Eventually, I will pay back my financial aid, but I was wondering is there a limit to the amount of financial aid you can receive?
2 Responses to “How much financial aid can you borrow up to before you can be denied any more?”
By Found-1 on Nov 18, 2008 | Reply
Yes, there are limits on the amounts you can borrow per year and the amounts you can borrow in your lifetime. I’m attaching a Dept of Education publication. Look in the back. They depend on if you are considered independent or dependent student.
By Alibubble on Nov 18, 2008 | Reply
If you still need more money you could always get grants for school. Grants are free and carry no restrictions. You never have to pay them back like loans. I know some people who have gotten a lot of money by applying for grants. I think I have a site that might help you. The link should be in my sources.
Good Luck!