Important Things to Know About Losing Student Loans in College

Failing A Course

Just like an unsatisfactory GPA can impact your eligibility for federal aid, so too can failing a number of courses. This could lead your lender to conclude you are not making satisfactory academic progress, which is an important requirement for federal loans. Failing too many courses could not only set you behind on your degree progress, but it could also lower your GPA to an unsatisfactory level.

Having An Illegitimate High School Diploma

This is likely not something that you have to worry about, but some students have certainly been scammed into paying for illegitimate high school diplomas thought online courses that claim to offer an official diploma, but actually offer quite the opposite. If you ultimately find out you do not have a GED or legitimate equivalent, you may no longer be eligible for the financial aid you need to continue your education.

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