Defaulted loan?

<p>Ok so I guess the IRS took what I owe out of taxes to pay for my defaulted loan. So my question is now that that is paid in full can i apply for FAFSA again (like this week)?</p>

<p>Are you saying your loan balance was so low it was completely paid by the amount of your garnished refund?</p>

<p>Yes, are you sure the loan was paid? According to you in another threat, you have not paid it for 10 years.</p>

<p>Yes cause on FAFSA on my SAR letter it stated the amount in which was due… It matches the exact amount that IRS took from us. We are still getting back a good amount from taxes so I know if I owed more then they would have took the full amount.</p>

<p>Ok, you don’t have to answer this, but why, if your loan balance was so low, did you let it go into/leave it in default? Since your tax return had to be garnished (sorry if that’s the wrong term) to pay it off, I would doubt you would be able to borrow again. The story might be different if you’d made arrangements to pay it willingly. However, with our crazy government, just about anything is possible. Call the school you plan to attend and ask.</p>

<p>If I knew about the loan it would have been taken care of along time ago… As far as Im finding as long as its paid off then Im able to use financial aid again. Since its paid now Im eligiable for the pell grant again</p>

<p>Go to [National</a> Student Loan Data System for Students](<a href=“http://www.nslds.ed.gov%5DNational”>http://www.nslds.ed.gov) and log into your loan information. You will be able to see if you are still considered to be in default.</p>