does private student loans effect the future financial aid of students for college?

Ammar · #1 (**permalink**) 02-26-2008, 02:03 PM

i just want to know if state and federal grants for college will be effected by the private student loans.
for example, if private student loan is taken to consolidate credit debt in addition to college semester bill.

Meg KC · #2 (**permalink**) 02-26-2008, 02:04 PM

No. FAFSA and federal grants and loans are all based on your financial need for school help. They don't do credit checks, and have no idea what kind of money that you have borrowed.
Hope this helps!

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