What if a family has two students in college at the same time? If the parent(s) already have a loan for the first student, can they apply and qualify for an additional loan for the second child?
Yes, you can. The number of children in college is one of the most influential factors in financial aid. The government and colleges and universities are aware that having two or more children in college places greater demands upon the family. They often adjust their financial aid awards based on situations like this.
Related Questions
- What if a family has two students in college at the same time? If the parent(s) already have a loan for the first student, can they apply and qualify for an additional loan for the second child?
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