Renew Unsubsidized Stafford Loan with new tax lien?

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Renew Unsubsidized Stafford Loan with new tax lien?

Postby hrhrhrhrhr » Thu Oct 11, 2012 10:51 am

I have recently been assessed a large (>$100K) federal tax lien by the IRS (related to business, not personal, taxes). I am also halfway through my graduate MBA program. I am wondering if I will be rejected for additional unsubsidized Stafford loans when I try to renew in the spring? I understand that I will no longer be able to obtain PLUS loans (to make up the gap between the annual Stafford max & my education costs) due to my credit history. I know that there is no credit check for a Stafford loan. However, I am unclear whether the IRS will actively block my ability to obtain the Stafford loan. Thx.
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