Hello all,
So I am in a program with the Alabama Department of Rehabilitation Services that is enabling me to go back to college. The advise i utilize the pell grant and then pick up what is left plus books and supplies. I originally went to college in 2013 at the university of denver and i guess took out a loan (i do not recall, parents possibly played a role. It was right after high school)
It is in default status. The program requires the loan to be out of default in order to pay tuition. It is about 6k which i know is small relatively but more than i can afford in a lump sum right now. I am also 31 now not 18 so i think i am elligible for Pell since its based on my income.
I am wondering if anyone has experience getting a federal student loan out of default on a payment plan. Or any other insight is appreciated. Thanks!
Loan from 2013 causing issues, preventing a program from paying for me to go back
byu/SpayceGhost inStudentLoans
Posted by SpayceGhost
1 Comment
You can use federal loan consolidation to get it out of default fast as per https://studentaid.gov/manage-loans/default/get-out that would be faster than loan rehabilitation but could still take several weeks to complete