how much income do I need to make to qualify for loans?

Paying for College
1

<p>how much income do I need to make to qualify for loans? I am 35yrs old and considering returning to school. I’m worried I make to little to get a loan.Also, I don’t have great credit</p>

2

<p>have you ever been to college? are you talking about federal stafford loans or private loans. There is no income required for federal stafford loans, but who knows what private companies are looking at these days.</p>

3

<p>Stafford student loans are awarded without regard to income or credit rating. However, the maximum an independent freshman can receive in a year is $9500. Sophomores can borrow $10,500 and juniors/seniors can borrow 12,500 annually. Some schools also have Perkins loans available for their neediest students. If you do not have a prior bachelors degree, you may be eligible for a Pell grant. Your school also may award you SEOG (grant), work study, or even institutional grants.</p>