can you get graduate student loans with home foreclosure on your credit report?
I know that you can get federal student subsidized and nonsubsidized loan, but these non-credit based loans only goes up to $20,000. The school I want to go to cost $60K. Are there any other types of loans out there available to grad students with bad credit? My FICO score now is 445.
For graduate school you should be looking at the GRAD PLUS loan, but you are right about them falling well short of the 60k you need for school.
Have you considered a cosigner? A private student loan, often referred to as an “alternative loan” will lend up to $45k annually as long as credit and debt to income stipulations are met. Each loan is unique in its own way, but the general credit criteria needed is in the mid 600s. If you are not “hard denied”, meaning that you will not be able to get the loan even with the help of a cosigner, you may be able to get the funds required.
You can try this site to see what your options are, http://www.CollegeLoanCampus.com.
Good luck.
