This site responses well-known questions about the relationship between personal bankruptcy and you will financial aid, for example college loans
New financial aid manager may be able to book the newest scholar to particular financing programs or lenders that complement his requires
The initial answer issues the brand new perception regarding bankruptcy towards eligibility having student loans. Next answer talks about whether student education loans will likely be released as a consequence of personal bankruptcy.
As a consequence of Tap Somers of your Univ. out-of Arkansas on Absolutely nothing Rock and you will Artwork Bilski of your Illinois Scholar Direction Payment because of their advice about it area.
The answer to this question for you is a complex you to just like the several issues are involved. This will depend with the nature of your own student loan apps (federal otherwise private) additionally the type of case of bankruptcy.
Whatever the factors behind this new bankruptcy, the brand new student should talk to new financial aid administrator at the university the guy intends to attend, and you will give an explanation for problem.