Student Loan Help

Just another WordPress weblog

04.11.08 | Federal Loan Eligibility

Posted in College, Financial Aid, Stafford Loan, Uncategorized by David Bonvie

One of the most common questions I receive is, “Am I eligible for a federal loan?” The following eligibility criteria comes directly from the Department of Education.

U.S. Citizen

U.S. national (includes natives of American Samona or Swain’s Island)

U.S. Permanent resident who has an I-151, I-551, or I-551C (Permanent Resident Card)

If you’re not in one of these categories, you must have an Arrival-Departure Record (I-94) from U.S. Citizenship and Immigration Services (USCIS) showing one of the following designations:

“Refugee”

“Asylum Granted”

“Cuban-Haitian Entrant, Status Pending”

“Conditional Entrant” (valid only if issued before April 1, 1980)

Victims of human trafficking, T-visa (T-2, T-3, or T-4, etc) holder

“Parolee” (You must be paroled into the United States for at least one year and you must be able to provide evidence from the USCIS that you are in the United States for other than a temporary purpose and that you intend to become a U.S. citizen or permanent resident).

If you have only a Notice of Approval to Apply for Permanent Residence (I-171 or I-464), you’re not eligible for federal student financial aid.

If you’re in the United States on certain visas, including an F1 or F2 student visa, or a J1 or J2 exchange visitor visa, you’re not eligible for federal student financial aid.

Also, people with G series visas (pertaining to international organization) are not eligible for federal student financial aid.

4 Comments »

  1. wandaharris says

    hello my name is wanda harris the information is wron on my finicialade and i am a culinary student at laney college 900 fallon st oakland ca.94612 i am applying for hard ship i am ahomeless student atlaney since 200 fall and the wir=rong amount of aide and grades are wrong i did not attend school in 1972and8 and only got 835.00and 935 in finicial ade and not 14,835.00. I canniot get it correceed and too may attemptsover 189 units for culinary .commercialbaking and baking and culinary arts i did pass the safety and sanation classes and should hab=vetwo certificates and one baking certificate ciommercial it was changed to baking 4m i am applying for a no grade point aqverage loan and housing loan for school and business hud zone and shelterplus.

    April 11th, 2008 | #

  2. Zachary Austin says

    Im 21, supporting myself living home with my mom & step-dad, and younger brother (15). Do I qualify for grants to go to a college for a welder or technition, Automative tech?

    April 12th, 2008 | #

  3. Zachary Austin says

    thank you

    April 12th, 2008 | #

  4. Bijaya says

    I am in the USA under “Asylum Granted” status and will be eligible to apply for green card on 7/13/08. I have petitioned I-730 for my family which are still pending but estimated to be through within 9/2008. My daughter who recently has passed Higher Secondary back home wants to study undergraduate in USA when she will be granted visa against I-730.

    Please suggest me how can she be eligible to receive scholarship or student loan. I do not know if I can be a co-signor for her, though I have the A-number and SSN.

    I request you to please give me an authentic idea how can she study undergraduate in USA.

    Thanks,

    June 4th, 2008

    June 4th, 2008 | #

Leave a comment

RSS feed for these comments. | TrackBack URI