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Will I qualify for a loan? [#permalink]
16 May 2007, 06:07
I am an american citizen living in the manila.
What I will be earning probably won't be a quarter to what you guys are earning. Currently, I am still an undergrad. I am thinking of getting an MS or MA, maybe even an MBA.
Even if I work a few months, the salaries I will be earning here are extremely low. But so are the costs and standard of living. I am also living with my parents. I currently do not have any loans.
Will I qualify for a loan when I go to the states?
If you are a US citizen, you qualify for federal educational loans. There is not income or credit requirements to obtain these loans.
If you require supplemental loans, credit requirements are notably lax for student loans. Just be sure you don't have any negative issues, and you will quality. Again, I do not believe that income is an element; and I think zero or limited credit history will to prevent you from getting these loans either. Just make sure you don't have bad credit.