What are the requirements to qualify for a student loan through Simple Tuition?
To qualify for a student loan through Simple Tuition, there are a few requirements you need to meet. Firstly, you must be a U.S. citizen or a permanent resident. Secondly, you must be enrolled at least half-time in an eligible academic program at an accredited institution. Additionally, you must have a satisfactory academic record and maintain satisfactory academic progress throughout the loan term. You will also need to provide proof of income and employment or have a cosigner who meets the income and credit requirements. The age limit for a student loan through Simple Tuition is typically between 18 and 25 years old, but exceptions may apply. It is important to note that meeting these requirements does not guarantee loan approval, as approval is subject to additional factors considered by the lender.
Answered May 3, 2024
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