Student loans? Am I still in default?

I've consolidated my student loans and begun repayment---am I still in default or can I re-apply for student aid again from FAFSA to get money to go to school again? I just want to make sure before I apply to a college.

Student loans? Am I still in default?

Chances are, consolidating probably took care of your loan default. That said, we on this website can only speculate as to whether you are out of default. To be absolutely certain, you should look up your personal student record on the National Student Loan Data System, www.nslds.ed.gov.

The NSLDS website (which you will need your Dept. of Ed. PIN to access) will give you information about any federal student loan that you have borrowed to date. On the site, you will be able to see each loan, the amount owed, and the repayment status of the loan. If the loan says, %26quot;in repayment,%26quot; you're fine. If NSLDS says %26quot;defaulted%26quot; (even if your lender says otherwise), you won't be eligible for FSA funds.

If your lender confirms that your loan is in good standing but NSLDS doesn't reflect this, ask the lender to update NSLDS and monitor your record until you know that they did.

Student loans? Am I still in default?

Yes, if it says you're in forbearance, you can still get Fin Aid (new loans, etc.) Report It

Student loans? Am I still in default?

Just because you have began making payments on your student loans does not mean you are out of default. You need to verify with whomever is consolidating your loans to determine how many payments need to be made before you are no longer in default status. Once that number of payments have been made, then apply for student aid through FAFSA. You are not able to receive funds from the federal government if you are in default.

Student loans? Am I still in default?

If you are in default of any loans (e.g., not paying and not contacting them regarding it) then that will jeopardize your eligibility for certain loans. You can still receive aid, but usually loans like Perkins or the likes will require a lot of explaining on your part as to your delinquency.

Good luck, hope you get into college again :)