Vocaboly.com

[Anthony]

I know I may sound like an idiot sorry if I do but I am almost done paying
off student loans 381 dollars is all thats left. My EFC is 4465 what are my
chances to get money to go to school next semester?

[Steve Blank]

What you may owe on student loans has nothing to do with getting new
ones, unless you are in default.

If the cost of attendance at your school exceeds your EFC, you are
eligible for financial aid for the difference.

The school decides what type of aid to give you, and how much, but at a
minimum you will get a Stafford Loan, subsidized or unsubsidized. As a
freshman one gets $2,625, sophomore $3,500, and $5,500 as a junior or
senior. Graduate students have higher levels.

Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761

[Anthony]

Yup I am default is thier anyway of contacting them to just pay it off
early? Thanks for quick reply ! Trying to see if I need to start getting
ready for the next semester or not.

[Steve Blank]

If you are in default and arrange an acceptable payment plan, or better
yet pay it off completely, then you can borrow more.

You'll want to do this quickly, so that your record will be up to date
when they check your history as part of determining aid.

Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761

[Anthony]

once I pay it off then will I be allowed to get more for school? Thank you
again ur very helpful!