Since you filed for bankruptcy a year ago, your chances of getting a student loan from a reputable company are very very low unless you can get a Stafford or PLUS loan (since those are guaranteed by the US Government). For those, you must fill out a FAFSA before you can apply for the loans – check out http://www.fafsa.ed.gov/ for that.

Once the FAFSA is done, go back and try a couple of student loan lenders, and see who will give you the best deal on a Stafford Loan – look for companies that will lower the origination and disbursement fees.

I’m unsure whether you can use the student loan to pay for a term already completed – that’s between you and whatever company you go with. However, stick with a top-tier reputable company (Sallie Mae, NelNet, a bank or credit union that you know well, etc), or the Direct Loan program from the government. Pick Direct Loans last – they tend to rarely be willing to cut down on your fees.

Finally, talk to your school – unfortunately, since you are behind on payments, you’re going to have a harder time than normal, but their financial aid people may be able to help you arrange the loans you need. And whatever you do – read all the paperwork before you sign.

RE No credit and need a student loan. I have no cosigner and cannot find a co. that will approve me. Any ideas?

I have tried SallieMae and they are a joke! They wasted 3 weeks of my six week class and now I owe the school and cannot go back next term. I really need to get a student loan to stay in. I worked for a company and it closed so I have no income but my husband does. We filed bankruptcy 1 year ago, so our credit went down the tubes. Any help will be appreciated!