Important Things to Know About Losing Student Loans in College

Amber Weber

Losing Your Legal Status In the United States

If you lose your green card status or are no longer considered an eligible legal citizen, you will also not be eligible for federal student loans. If you have private loans, you will have to find an eligible cosigner to help you borrow for future semesters.

Becoming Incarcerated

You will not be able to receive federal loan aid while you are serving in prison. Beyond that, once you are released, you will very likely have trouble getting a federal loan, especially if you were convicted of a sexual or drug-related offense.

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Losing Your Legal Status In the United States

Becoming Incarcerated

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