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Is a student who defaulted on a student loan eligible to receive additional financial aid in order to return to school?

April 26, 2017additional defaulted eligible financial aid Return School student student loan

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Is a student who defaulted on a student loan eligible to receive additional financial aid in order to return to school?

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In this case, students should arrange a payment schedule with the holder of their defaulted loan. If payments are made on time, the student may regain eligibility for financial aid.