Sallie Mae Tuition Answer Loan Question?
I got a tuition answer loan from SM that was disbursed in August for fall semester. Well, I ended up failing and was suspended for Winter and Summer. Therefore, I am now having to repay since im not going.
However, come fall, I plan on returning. Is the Tuition Answer Loan able to be deferred, once again, when I return to school? Or do they not allow to defer a second time?
Also, I may have to take out another loan, just a small one, for books and materials. Will having one loan out (although its in good standing) make me less likely to be approved?
Unfortunately, this question cannot be answered without knowing the specifics of your situation. Please contact our customer service reps at 1-888-2Sallie (888-272-5543).
