Service Cancelable Loans??

Mar 31, 2009 03:25 PM

by tracyd77

Has anyone used a Service Cancelable Stafford Loan for NS? I'm thinking about applying for one and I would like some feedback from anyone who has used one or applied for one.

Jennieb30 · Mar 31, 2009, 06:11 PM

Re: Service Cancelable Loans??

I have one. They're super easy to get, if you apply early enough, and you just have to work to pay it off. I've gotten $5000 over two semesters, and I just have to work one year to pay it off, anywhere in my state except for govt. agencies. Pretty good, if you ask me.

tracyd77 · Apr 01, 2009, 12:24 PM

Re: Service Cancelable Loans??

Originally Posted by Jennieb30

I have one. They're super easy to get, if you apply early enough, and you just have to work to pay it off. I've gotten $5000 over two semesters, and I just have to work one year to pay it off, anywhere in my state except for govt. agencies. Pretty good, if you ask me.

Awesome, thanks! I spoke to someone yesterday at my college's Financial Aid office and I can't apply until they get the money, which is sometime between now and the fall semester (they never know when)... so I'm questioning it.

Jennieb30 · Apr 01, 2009, 01:03 PM

Re: Service Cancelable Loans??

Yeah, just keep checking with them. But if you apply for fall, then you'll also get it for spring without having to reapply. A lot of people in my class have gotten the scholarship. Just apply as early as they'll let you because the money runs out pretty fast. Good luck!

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Service Cancelable Loans??

Service Cancelable Loans??

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