Categorized under: Financial Questions

How Do You Receive Financial Aid For College If Your Parents Do Not Have Good Credit?

Is it possible to receive good financial aid when your parents do not have good credit?

Comments

  1. your parents credit is not used to determined your financial aid apply at http://fafsa.ed.gov


    Ubiquitous
    July 5th, 2009
  2. Financial aid is based on your parents income not credit score. The only time credit will play a factor is if you need your parents as co-signers for a student loan.
    Remember though, financial aid is not your only option. There is plenty of free money for school out there. You just have to do your research and find it.


    paly2416
    July 5th, 2009
  3. Credit only plays a role if you are trying to take out a loan. The FAFSA is used to determine the amount of financial aid you can recieve based on you and your parents income.


    Kyla
    July 5th, 2009

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