Does non custodial parent have to pay for college in NY?

Does non custodial parent have to pay for college in NY?

April 7, 2016 | Law and Mediation Office of Darren M. Shapiro, P.C. A noncustodial parent is required to pay child support to a custodial parent in New York until a child is 21 years old. However, college expenses usually aren’t awarded before ascertaining whether a particular child will actually attend college.

Can you be denied a federal student loan?

Can you be denied a federal student loan? Yes, you can be denied a federal student loan for many reasons. It’s a common misconception that completing a FAFSA loan application means you’ll automatically get approved for federal student loans. In reality, not everyone is eligible.

What is the max for federal student loans?

The maximum amount you can borrow depends on factors including whether they’re federal or private loans and your year in school. Undergraduates can borrow up to $12,500 annually and $57,500 total in federal student loans. Graduate students can borrow up to $20,500 annually and $138,500 total.

What do I do if I can’t get approved for a student loan?

How to Get a Student Loan With No or Bad Credit

1. Take advantage of federal student loans first.
2. Research loans with local/regional banks and credit unions.
3. Find lenders that do alternative credit checks.
4. Get around bad credit with a cosigner.
5. Appeal the decision.

What loans can a student get without a cosigner?

The Department of Education lists options that require neither a credit check nor a cosigner, including:

• Direct subsidized loans. Undergraduates can obtain these loans to pay for a career school or college.
• Direct unsubsidized loans.
• Direct PLUS loans.

What credit score do I need for student loans?

Similar to other types of loans, a higher credit score makes it more likely you’ll qualify for a student loan, according to Prostko. “Most lenders prefer at least a good credit score,” she says, noting a good FICO credit score falls between 670 and 739.

What credit score do I need to refinance student loans?

650 to 680

Does Sallie Mae approve bad credit?

Minimum credit score: Sallie Mae doesn’t disclose a minimum credit score requirement. In 2016, applicants that were approved for a Sallie Mae student loan had, on average, a 748 FICO score at the time of approval. Minimum age for borrowers: Borrowers must be the age of majority in their state (often 18 years old).

How can I get a student loan with no credit and no cosigner?

9 lenders offering the best student loans without cosigner

1. Sallie Mae. Sallie Mae, one of the most popular private student loan lenders, also offers private student loans without a cosigner.
2. Ascent.
3. Citizens Bank.
4. College Ave.
5. CommonBond.
6. Discover.
7. Earnest.
8. Funding U.