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3 Apr 2010Is it possible to receive good financial aid when your parents do not have good credit?
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3 Responses to How do you receive financial aid for college if your parents do not have good credit?
Suddenly Human
April 3rd, 2010 at 5:42 pm
your parents credit is not used to determined your financial aid apply at http://fafsa.ed.gov
Kyla H
April 3rd, 2010 at 6:26 pm
Credit only plays a role if you are trying to take out a loan. The FAFSA is used to determine the amount of financial aid you can recieve based on you and your parents income.
hpal
April 3rd, 2010 at 6:50 pm
Financial aid is based on your parents income not credit score. The only time credit will play a factor is if you need your parents as co-signers for a student loan.
Remember though, financial aid is not your only option. There is plenty of free money for school out there. You just have to do your research and find it.