Wanting to get a Stafford Loan for help w/school. What are the income requirments?
I am attending NIU in the fall. I have not filled out FAFSA yet, however I will be doing so tomorrow. I finally understand that I might be able to get a Stafford loan, but need to fill out FAFSA first. However, husband owned his own trucking buisness for 6 months last year. He made, in those 6 months, $70,000. Most of it went to semi payments, fuel, break downs, etc… We only really “saw: $20,000 of it. He finally stopped doing it and went back to being a company driver. However, he made about $99,000 total last year, according to the W2’s and stuff. We saw very little of this money but when I apply for loans, that will be looked at. They might think I do not need any money… How is this going to affect me? I am very worried about it. Answer: Anyone will qualify for a federal Stafford loan regardless … Anyone will qualify for a federal Stafford loan regardless of income. The amount you qualify for will depend on your classification going full time you will get 7,500 a year as a fre
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- Wanting to get a Stafford Loan for help w/school. What are the income requirments?
