No School Code

Student Loan Discussion Board - Ask questions about student loans and get answers from peers and financial aid experts.

Moderator: Financial Aid Guru

No School Code

Postby MikeW » Tue Jan 29, 2013 7:43 am

Like so many I was recently laid off after 13 years at my previous job. I am currently looking at going to barber school and going to work in my dads barber shop. My question is how do I apply for a Stafford loan for the cost of the school when it has no code, it's a private school? Everytime I try to apply it ask for a school code and of course this one is not listed? Any advice is appreciated.
MikeW
New
 
Posts: 2
Joined: Tue Jan 29, 2013 7:38 am

Re: No School Code

Postby Aid Whiz » Tue Feb 05, 2013 10:45 am

If your school does not have a school code, that's because it is not a Title-IV accredited institution. To receive Stafford loans, your school must participate in the Title-IV program.

Your options are:

    - Contact the school for options on how to fund an education there
    - Select a Title-IV eligble school
    - Look into private student loans to help cover the costs

Hope this helps!
Student Advocate, The Student Loan Network

Check out the Student Loan Network Official Blog for the latest in financial aid news and information!

Follow us on Twitter for helpful tips and tricks for financial aid!
Aid Whiz
Veteran of Financial Aid
 
Posts: 626
Joined: Wed Mar 30, 2011 8:25 am


Return to Student Loans

Who is online

Users browsing this forum: No registered users and 2 guests

cron