Reply
Frequent Contributor
Posts: 366
Registered: ‎12-20-2007
0

Going TO a UNIVERSITY in the Fall Student Loan info Needed????

Ok this will be my first time apply for a student loan , I filled out Fasfa and got my results back Im elgiable for Pell but I will need additional amount to cover tution? My question is If I need a unsubsuduzed loan will they do a credit check? my scores are mid 500??? so tell me what are my options am i most likely to qualify for a goverment loan? 
~EveryThing Is Within REach~FICO FORUM roCKs.....
Valued Member
Posts: 32
Registered: ‎02-16-2008
0

Re: Going TO a UNIVERSITY in the Fall Student Loan info Needed????

Stafford loans do not require a credit check.  Remember that there are limits to how much you can borrow based on what year of college you are in.  The following link gives them based on year of school and your status (dependent vs independent student).  You best bet is to contact the financial aid department of your school.  They will best be able to give you your options based on your EFC (estimated family contribution) 
 

Starting Score: EQ 434 TU 499 4/29/10
Current Score: EQ 651 11/1/2011
Goal Score: 700


Take the FICO Fitness Challenge
Frequent Contributor
Posts: 366
Registered: ‎12-20-2007
0

Re: Going TO a UNIVERSITY in the Fall Student Loan info Needed????

:smileywink: Thk U
~EveryThing Is Within REach~FICO FORUM roCKs.....

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.