Ziay!

jmckay2183

I live in NY and everyone here has told me that you cannot get denied for a stafford loan for college... yet i've applied..three times.. and I've been denied all three times.. Any reason why that would be? Account history and credit history are not a factor because I know people who are worse off than me and they are getting loans to go to school and they are younger than me. I've been trying for years and I've had no progress. Can someone help me?
My credit is nonexistant... and I've tried applying everywhere... multiple schools... multiple banks.. even tried cosignors and nothin.. They tell me unless I'm 24, married, or have a kid they have to go by my parents income (even tho I'm out of the house and in my own place) and my dad makes too much money to qualify.
I've been trying since I graduated HighSchool in 2002 and it's always the same thing no matter where I go or who I apply with.. yet my 18 year old brothers both got salliemae loans to go to school and their academic preformances and credit are worse than mine

FinAidGuy

You can get denied for a loan if you are not making satisfactory academic progress at your school. You must maintain certain grades and can not drop out of classes to get financial aid. Each school's policy is usually different and by law, they must provide that policy to you in writing.

mstink51983

Are you applying through your school or on your own? When I applied on my own I got denied but when my school applied for it for me I got accepted. I don't know how you applied but try going to Salliemae.com and apply through them.