Law School Discussion

A stupid question, perhaps...

A stupid question, perhaps...
« on: April 21, 2006, 11:22:01 AM »
But can a student who recieves Federal Direct Loans also apply for Sallie Mae loans?  For instance, there is a LAWLOAN Stafford loan and a LAWLOAN private loan.  I'm a little confused.  I'd love to have as many federal loans as possible...

Re: A stupid question, perhaps...
« Reply #1 on: April 21, 2006, 12:50:28 PM »
No.  A student can only have one type of Stafford loan.  If you're receiving a direct Stafford loan, all you can receive is that Stafford loan.  The rest has to be private and that's a federal regulation.

Re: A stupid question, perhaps...
« Reply #2 on: April 21, 2006, 02:19:25 PM »
Great, thanks for the help!