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

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.

Does private student loans effect the future financial aid of students for college?
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!
Reply:All ways opt for Bank loan .Loan from mony lenders cannot be considerd as source of finance .
Reply:No taking private student loan doesnt have any effect on you future financial aid. Specially if you have taken loans like Federal Family Education Program Loans (Stafford, PLUS, SLS) Federal Direct Loan Program Loans (Stafford, PLUS) Perkins Loans (NDSL) HPSL (Health Professions Student Loans) NSL (Nursing Student Loan) HEAL (Health Education Assistance Loans), and FISL you are eligible for consolidation.


You can get more on school loans from http://www.4studentloan.net/index.html

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