Q: Who is Eligible to Take out Federal Student Loans?
A: Anyone who is enrolled in a degree, certificate, or other approved program at an eligible school and is a U.S. citizen or eligible non-citizen is eligable to apply for federal student loans and financial aid.
Borrowers must also have a high school diploma or pass a test approved by the Department of Education. Students convicted under federal or state laws of sale or possession of illegal drugs may not be able to obtain federal student loans.
To get started applying for federal student loans for college you are going to want to file a FAFSA, this can be done at http://www.fafsa.ed.gov/
To learn all about federal student loans for college, please visit our Federal Student Loans section. To learn all about private student loans for college, please visit our Private Student Loans section.
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