Can you use a US Stafford Loan to go to college in Canada?
155242
It depends.  Generally, the answer is "no" if the school in Canada is the only one you attend.  If your "home" institution is in the U.S. and the college in Canada is simply one at which you are taking classes for s short time (like study abroad), it's possible, though a little complicated.\n\nTo get technical, the regulations state that "A student enrolled in a program of study abroad is eligible to receive title IV, HEA program assistance if (a) The student remains enrolled as a regular student in an eligible program at an eligible institution during his or her program of study abroad; and (b) The eligible institution approves the program of study abroad for academic credit. However, the study abroad program need not be required as part of the student's eligible degree program."\n\n(Of course, if you aren't a U.S. citizen or eligible noncitizen, you can't get Stafford Loan in the first place.)
927820
yes...you can still go...but you will probably need a student visa (depending on the country) and you will pay out of state tuition.  \nI'm not from the U.S. and my tuition is about $12000 a yr for a CC...but that depends on where the school is located.\nI suggest you go to the website of the school you are looking at and look under either 'new students', prospective students, or admissions...it should have a link for international students that will give you all the information you need!
700635
Have a look at RBC Centura at the following:\n\nhttp://www.rbc.com/\nhttp://www.rbccentura.com/\n\nSuch a bank can help you transfer funds to either side of the border, and can help with credit.
568469
Two of the major Federal Student loan programs -- Stafford and Perkins -- are unique in that they require absolutely NO credit check. In fact, Financial Aid Administrators are forbidden from checking your credit as a condition for receiving these loans. You don't even need to show financial need to obtain an Unsubsidized Stafford Loan -- as long as your school is accredited, you are enrolled at least half-time as a regular student, and your other financial aid doesn't exceed your Cost of Attendance, you will be offered a Stafford Loan.\n\nIf you have "maxed out" your eligibility for Federal loans, there are private companies that will lend you money even if your credit is bad (which you're fixing, I hope?).  If you have a creditworthy cosigner then your credit won't matter much at all.  That's what cosigners are for -- their credit acts as a "stand in" for yours!\n\nFirst, review the huge list of private loan lenders on FinAid's website: http://www.finaid.org/loans/privatestudentloans.phtml ... Go to each lender's site and read the terms and credit criteria of their loans until you find one that focuses more on one of your credit strengths (job history, perhaps).  Be careful when searching online for companies that specifically claim to offer loans to people with bad credit (companies like Astrive are questionable because they bypass the school). Make sure the company has a good track record before you commit to a 10-30 year relationship with them
1041177
If you have a federal student loan that is in default, you will be ineligible to obtain any type of federal student aid, including grants.  \n\nOther than that, Federal Student Aid tends to be non-credit-based.  The two major federal student loan programs -- Stafford and Perkins -- require no credit check.  In fact, your Financial Aid office is *prohibited* from checking your credit as a condition for receiving this loan.  Most students are awarded a Stafford loan of some sort -- students who show financial need are awarded a Subsidized Stafford Loan, while no-need students will receive an Unsubsidized Stafford Loan. \n\nFederal, state, and institutional grants/scholarships are also non-credit-based (again, with the one stipulation that you not be in default on any student loans).\n\nNow, there are some types of federal student loans that will subject you to a credit check -- specifically PLUS loans --  though, frankly, these credit checks don't tend to be as deep as others.\n\nIf you wish to borrow a private educational loan (i.e. a loan not offered by the federal gov't, state gov't, or by your school), your credit will also be run.  In these instances, it will generally be required that you have good credit OR, at least, that you have a co-signer who does.
1185896
Vist www.nelnet.net. Inquire on the Federal Stafford Loan. That's what I did. I'm 18 with no credit and no cosigner. Mostly everyone is approved.
1134389
Many online colleges administer federal aid, so you could at least be eligible for the Federal Stafford Loan and the Federal Pell Grant if you show a lot of need.  Some schools (if they're been around for a while) will also offer Federal Perkins Loans and Federal SEO Grants.  \n\nPlease, though, if you want to apply for these types of aid, don't go to fafsa.com -- it's a huge scam.  You should only ever file the FAFSA by going to the Dept. of Ed's website, here: http://www.fafsa.ed.gov . If you need assistance or have questions, there is free help available in a lot places: check out FinAid (http://www.finaid.org ) or contact your school, former high school, or library.\n\nThere are numerous scholarships available from a wide variety of sources.  Try any or all of these scholarship search engines:\n\nhttp://www.fastweb.com\nhttp://www.srnexpress.com\nhttp://www.scholarships.com\nhttp://www.scholarships101.com\nhttp://www.finaid.org/scholarships\nhttp://apps.collegeboard.com/cbsearch_ss/welcome.jsp\nhttp://services.princetonreview.com/default.asp?RUN=%2Fcollege%2Ffinance%2Fscholar%2FscholInterview%2Easp&RCN=auth&RDN=7&ALD=http%3A%2F%2Fwww%2Eprincetonreview%2Ecom\nhttp://www.collegeanswer.com/paying/content/pay_free_money.jsp
586608
If you are referring to a Puerto Rican visa, the answer to your question is no. If you want to study in Canada, you need to get a Canadian visa.
1053134
It's not worth worrying about.  Unfortunately, this 6.8% Stafford interest rate will apply to you and all students beginning school after July 1st. Applying sooner won't matter because the rate applies to all Stafford Loans "first disbursed after July 1st" and your school cannot legally disburse your loan until a few days before classes start. So unless your classes are beginning before July 1, there is no way to obtain the lower rate that students got last year.
457230
I highly doubt it is free to study in Canada, but I do suggest studying abroad if for no other reason to expand your horizons. Good luck.
1121972
In the case of student loans, to say that a loan is "subsidized" means that someone is paying the interest on the loan during a given period of time.  With Federal Stafford and Perkins loans, the government subsidizes this interest.\n\nNOTE: It should be emphasized that a Subsidized Stafford Loan is only really subsidized *while you are in school* and during any periods of deferment/grace (i.e. if you apply for and are approved for an Economic Hardship Deferment once you enter repayment, your loan won't accrue interest during the deferment period). ANy other time, it will accrue interest which you must pay off.\n\nIf your loan is UNsubsidized, that means that the government does NOT cover the accruing interest at any time. \n\nFor example, if you borrow a $2,500 Unsub loan during your Freshman year, the loan will have accrued interest while you are in school such that, by the time you graduate, the amount you owe will be more like $2,750 (assuming the current Stafford interest rate of 4.7% -- though Stafford rates will be fixed at 6.8% beginning this July 1st). Interest really adds up -- but that's true of any loan.\n\nWhen you file the FAFSA to apply for federal aid, you will be applying for a generic Stafford loan. Whether that loan will be subsidized or unsubsidized is something your school will determine. Generally you can only receive a Subsidized Stafford loan if you show financial need. If you don't show need, your Stafford loan will be Unsubsidized. [There are some ways that a student can get both the full amount of their Sub and additional Unsub, but this generally involves being independent or being a dependent student whose parents have been denied a PLUS loan.] Check with your school to see which you qualify for. Stafford loans involve no credit check, so there's no harm in applying, see what you are offered, and then deciding if you wish to borrow. \n\nNote: you don't have to begin repaying your Staffords until 6 months after you graduate -- and this is true whether the loan is Sub or Unsub.  The standard repayment term for these loans is 10 years. I don't know where the person above me got the idea that you have only 6 months to pay off your Sub!!
227044
It can be, but be careful of the on-line university you choose.  \n\nHere is a website for an on-line university that is very well recognized in Canada.
805882
You can apply for stafford loans or private loans within your school.. go to the Financial Aid office and they should be able to help you out.
863104
Yes. Regular stafford loans do not require a cosigner, they are not credit based. Sallie Mae offers these as do many other banks like Wells Fargo, Chase, US Bank...the list goes on and on. Follow the link below, it is a great resource that will answer many of your questions.
606486
i'm an american who went to university at McGill (montreal).  i finished my degree in three years because of AP credits, but my overall tutition bill was about $21,000 canadian dollars.  at the time (2001-2004) the exchange rate for the u.s. dollar was much better than it is now, and it was only about 15-16 grand total.  my housing was off-campus, but was still pretty reasonable (maybe another 5,000 canadian a year).  in terms of a part-time job, you can get one on campus, provided you check the right box on your student visa (i would recommned checking the box whether or not you plan on getting one right away, as you may change your mind, but if you don;t check yes it's too bad).  to get a job off campus you have to have a worker's visa, which would be much harder to get.  if you'd like any more info, feel free to post as such in the details, and i can get in contact with you.
1025134
The school that you plan to attend should have a list of available grants and applicatuon procedures.  If not, go to  http://studentaid.ed.gov/students/publications/student_guide/2005-2006/english/types-loans.htm  and you should get all the information that you want.\n\nGood luck!
466441
If you have already received $2625 in Federal Stafford Loan funding, you aren't eligible for any more this year.\n\nNote: if (a) you are independent [officially, as determined by your FAFSA and/or your school] or (b) your parents were denied a PLUS loan, you can receive another $4000 in Unsub Stafford as a Freshman.\n\nYou might be eligible for a Federal Perkins Loan (if you demonstrate financial need).  Perkins Loans are administered by your school and it us up to them to decide if you will receive one.\n\nBeyond that, you could apply for a private loan.  It can be hard to obtain private loan funding as a Freshman, particularly if you don't have a co-signer.  Do you have credit?  If so, you might be eligible for any number of private loans.  Check out finaid.org's list, here: http://www.finaid.org/loans/privatestudentloans.phtml