To qualify for Federal grants and loans for college, students and their parents have to disclose extensive personal financial details but if that information is hard or nearly impossible to get due to special family circumstances, does that mean a student doesn’t have a shot at getting financial aid? Not necessarily.
After two years of deferring my student loans in grad school, I got a full-time job and set up a payment schedule. But I quickly found out that I wasn’t on top of my loans. I thought all my loans had been made with one lender, but I soon realized they had been moved around to different lenders and loan servicers. This is how it happened.