long story short i had 24K in loans... well, it's now 38K... i couldnt afford the 24 grand so i messed up and ignored it, it basically doubled now and i'm lost as to what to do...
here's what i'm really curious about... i work with the boys & girls club, a non profit youth serving organization focusing on at risk and under privileged youth...
i work in southeastern michigan (detroit) but our organization headquarters is in farmington hills... we have 13 clubs and the vast majority of our members (kids) come from inner city homes...
would this qualify for some sort of cancellation?
thank you in advance!
Full Version: Help Please.. i need to know my options
QUOTE(madbomber31 @ Apr 6 2007, 09:05 AM) 
long story short i had 24K in loans... well, it's now 38K... i couldnt afford the 24 grand so i messed up and ignored it, it basically doubled now and i'm lost as to what to do...
Well for starters, read this forum. There are a lot of options. You didnt state what the status of your loans are...current, deferred, defaulted????
here's what i'm really curious about... i work with the boys & girls club, a non profit youth serving organization focusing on at risk and under privileged youth...
i work in southeastern michigan (detroit) but our organization headquarters is in farmington hills... we have 13 clubs and the vast majority of our members (kids) come from inner city homes...
would this qualify for some sort of cancellation?
No. You to teach for 5 years at specific low income schools.
thank you in advance!
Well for starters, read this forum. There are a lot of options. You didnt state what the status of your loans are...current, deferred, defaulted????
here's what i'm really curious about... i work with the boys & girls club, a non profit youth serving organization focusing on at risk and under privileged youth...
i work in southeastern michigan (detroit) but our organization headquarters is in farmington hills... we have 13 clubs and the vast majority of our members (kids) come from inner city homes...
would this qualify for some sort of cancellation?
No. You to teach for 5 years at specific low income schools.
thank you in advance!
QUOTE(LynnInMN @ Apr 6 2007, 10:05 AM)
QUOTE(madbomber31 @ Apr 6 2007, 09:05 AM)
long story short i had 24K in loans... well, it's now 38K... i couldnt afford the 24 grand so i messed up and ignored it, it basically doubled now and i'm lost as to what to do...
Well for starters, read this forum. There are a lot of options. You didnt state what the status of your loans are...current, deferred, defaulted????
here's what i'm really curious about... i work with the boys & girls club, a non profit youth serving organization focusing on at risk and under privileged youth...
i work in southeastern michigan (detroit) but our organization headquarters is in farmington hills... we have 13 clubs and the vast majority of our members (kids) come from inner city homes...
would this qualify for some sort of cancellation?
No. You to teach for 5 years at specific low income schools.
thank you in advance!
visit this site. you might find something that could be applicable to your situation. I do believe your loan has to be in good standing for forgiveness to work.
http://www.finaid.org/loans/forgiveness.phtml
"working full time in a public or private nonprofit child or family service agency for 12 consecutive months providing or supervising the provision of SERVICES TO HIGH RISK CHILDREN frrom low income communitis and families of such children"
thats a direct quote from the federal Perkins Student loan request for cancelation sheet.
thats a direct quote from the federal Perkins Student loan request for cancelation sheet.
QUOTE(madbomber31 @ Apr 6 2007, 02:32 PM)
"working full time in a public or private nonprofit child or family service agency for 12 consecutive months providing or supervising the provision of SERVICES TO HIGH RISK CHILDREN frrom low income communitis and families of such children"
thats a direct quote from the federal Perkins Student loan request for cancelation sheet.
thats a direct quote from the federal Perkins Student loan request for cancelation sheet.
And...you have 38k in Perkins loans? LMAO
I don't see any reason why you couldn't try. It sounds like you may have a shot at it.
Good luck.
Good luck.
QUOTE(lil_walnut @ Apr 6 2007, 03:40 PM)
It sounds like you may have a shot at it.
You can't tell someone whether or not they have a shot at a loan-specific program without knowing what kind of loans they have.
QUOTE(Cynic @ Apr 6 2007, 03:23 PM)
QUOTE(madbomber31 @ Apr 6 2007, 02:32 PM)
"working full time in a public or private nonprofit child or family service agency for 12 consecutive months providing or supervising the provision of SERVICES TO HIGH RISK CHILDREN frrom low income communitis and families of such children"
thats a direct quote from the federal Perkins Student loan request for cancelation sheet.
And...you have 38k in Perkins loans? LMAO And this benefits the OP exactly how? The purpose of this and every other forum on Creditboards is to benefit and help the members. If you can't or aren't interested in doing that then don't bother to post.
fla-tan
QUOTE(madbomber31 @ Apr 6 2007, 10:05 AM)
long story short i had 24K in loans... well, it's now 38K... Have you had these loans in forebearance or have they gone into default? If they are in default, have you been contacted by a CA for the Guarantor yet? i couldnt afford the 24 grand so i messed up and ignored it, it basically doubled now and i'm lost as to what to do... What kind of loans are they? Are they Federally Guaranteed or Private Student Loans? If they are Federally Guaranteed, how much are Stafford Loans and how much are Perkins?
here's what i'm really curious about... i work with the boys & girls club, a non profit youth serving organization focusing on at risk and under privileged youth... Ask your organization if they have anything that can help you with your loans.
i work in southeastern michigan (detroit) but our organization headquarters is in farmington hills... we have 13 clubs and the vast majority of our members (kids) come from inner city homes...
would this qualify for some sort of cancellation?
thank you in advance!
here's what i'm really curious about... i work with the boys & girls club, a non profit youth serving organization focusing on at risk and under privileged youth... Ask your organization if they have anything that can help you with your loans.
i work in southeastern michigan (detroit) but our organization headquarters is in farmington hills... we have 13 clubs and the vast majority of our members (kids) come from inner city homes...
would this qualify for some sort of cancellation?
thank you in advance!
fla-tan
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