A few days ago
wsdmskr825

If you default on a Federal Student Loan, then pay it back, can you receive another Federal Student Loan or ..

or other education grants?

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A few days ago
Anonymous

Favorite Answer

Yes you can. But it may take a while for the reporting system to “catch up” to it being paid off. Be sure you get a letter from the lender saying the loan is paid in full. You can then show that letter to the school when your fafsa comes back saying you are in default.
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