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If the school closed and there were unused student loans, they would be cancelled. That would probably be an unusual circumstance since they probably would know in advance that they were closing.

Any outstanding loans that were used would not be cancelled.

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βˆ™ 12y ago
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Q: If a school closes do student loans get cancelled?
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How can you get assistance from your school to pay off debt from student loans?

There are many ways to pay off the debt from student loans. Unfortuneately, I am unaware of any ways for you to get help from your school in paying off these loans. There are some websites that can help you with paying off your student loans.


What companies will help me consolidate my old student school loans?

I called a company that advertised in one of the medical magazines that was at the hospital. I tell all of my co-workers now to consolidate with Medical School Loans private student loans, Jennifer helped me consolidate all of my federal loans to consolidate my new loans and my old loans with Medical School Loans.


How can student loan debt be consolidated?

Student loans can be consolidated after graduation or dropping out of school by filing with the government to consolidate all federal student loans. Remember that non-federal loans cannot be consolidated.


Repayment of Federal Student Loans?

A majority of college students require some financial aid to attend their school and federal student loans are one option for funding an education. Federal student loans have a set interest rate and a grace period for repayment once the student drops below half-time in school. Students have the option of accepting subsidized or unsubsidized loans or both and this can impact repayment of the loan. Subsidized loans do not accrue interest during the time an individual is in school but have lower limits for borrowing than unsubsidized loans.


Can you go back to school if your old student loans are in default?

no you can not. contact the department or company that your defaulted student loans are located at. some have a repayment/rehabilitation plan. When you complete this you can go back to school. best of luck!

Related questions

Can you be forgiven of student loans if your school closes?

No, your student loans will not be forgiven because your school closes.


What company provides direct student loans?

There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.


Do student loans go to the student or the school?

The school receives the check and disperses it to you.


I owe about 7000 in student loans which I am paying on can I go back to school and get more student loans?

Yes, you can take out additional loans as long as you are not in Default on the current loans.


How can you get assistance from your school to pay off debt from student loans?

There are many ways to pay off the debt from student loans. Unfortuneately, I am unaware of any ways for you to get help from your school in paying off these loans. There are some websites that can help you with paying off your student loans.


What are the differences between direct and indirect student loans?

The difference between direct and indirect student loans are direct loans come to you in your name to deposit and use for school. Indirect loans go stright to the school and are used just for tuition.


What companies will help me consolidate my old student school loans?

I called a company that advertised in one of the medical magazines that was at the hospital. I tell all of my co-workers now to consolidate with Medical School Loans private student loans, Jennifer helped me consolidate all of my federal loans to consolidate my new loans and my old loans with Medical School Loans.


What is the procedure to apply for student loans?

To find out more information on applying for student loans go to www.fafsa.ed.gov. You will find all the information you will need for applying for loans for school.


How can student loan debt be consolidated?

Student loans can be consolidated after graduation or dropping out of school by filing with the government to consolidate all federal student loans. Remember that non-federal loans cannot be consolidated.


Am I eligible for federal student loans if I attend dog grooming school?

Federal Student loans are available only for educational purposes. A dog grooming school would not qualify as such.


where can I get a private student loan?

Private student loans are credit-based, non-federal student loans that can help you cover any school expenses you have remaining when scholarships, grants, and federal student loans arenat enough.


Can you get student loans 4-6 months before school starts to move to the state your school is in?

If you live in the US, the answer is no for Federally Guaranteed Student loans because the check goes directly to the school and they give you your portion after the semester has started. If a private student loan from a private bank, then probably yes. But, be wary of private student loans with high rates.