<p>Im an american with dual citizenship and a 0 efc.
Im currently at a community college and will transfer into my state flagship next summer or fall depending on how many credits i take.</p>
<p>after i transfer to my state school (which is not in commuting distance!) my pell grant will cover my tuition and hopefully ill get some grants from the university that will cover room and board, if not i will have to take out federal stafford loans, im not eligible for PLUS loans because my parents are bankrupt. i know these have a six month deferral period and then you have to pay them back, but thing is directly after i finish my bachelors in political science im going to the other country i hold citizenship with to complete my mandatory military service for three years, i wouldve had to do it right after high school but i am on a special program which allows me to use the skills from my degree to help me in the army, and i have to sign on for an extra year in return for them letting me defer my service. during this time i will be making no money, the pay they give is equal to about 600 dollars a month and this will be spent on food and housing, i will have no way to pay back any loans and still eat...</p>
<p>will the US government defer my loans until my service is over, i dont plan on returning to the united states, but i dont want to default because i want to keep my credit good so i can one day ascertain a mortgage, car loan etc..</p>
<p>You should talk with someone at the government financial aid office or department, whatever they call it. I don’t know that your state school would even know, since we don’t have that many kids with your exact circumstances here in the US.</p>
<p>what country makes you do 3 years mandatory military service without giving you housing for it? Is it full-time? Is it active-duty, dangerous, or what? Do you get anything in return for this service? I would just give up that citizenship!</p>
<p>Yes the country is Israel. I wOuld never give up citizenship. I am going to live there for the rest of my days. And no they don’t give housing the give about 1000 shekels for housing and another 700 for living and another 700 for food. 2400 shekels is about 625 dollars</p>
<p>When your loans come due, you can ask for a “hardship deferment” based on your income at that time. Interest will continue to accrue, and will be added to the principal so you will end up owing considerably more than you would have had you been able to begin paying immediately. Now would be the time to talk with your family about helping you out with this debt while you are fulfilling your military service. Even minimal payments will make a big difference in the long run.</p>
<p>You also should read through the fine print in the military service requirement. Can you work here for several years to pay down your debt before enlisting?</p>
<p>Lastly, if you intend to make your life in the other country, you should consider returning there to complete your education. It almost certainly will be less expensive than studying here. Yes, you might end up fulfilling your military obligation earlier than you had hoped and in a position that is a bit different than you had desired, but the long-term results may be better for your life. For starters, you won’t be in as much debt in the first place.</p>
<p>did you qualify for Bright Futures? If not, I highly doubt that any Florida public is going to give you grants based on need beyond federal Pell and maybe some SEOG money. Florida schools highly rely on BF for additional funds for students.</p>
<p>Do have your parents apply for Plus…after they’re denied, you can get $4k more in loans. But, that may just add to your problems later with the military req’t.</p>