If I failed all my classes, will I lose my student loan?

I started school in the Fall 07 semester. Due to personal problems, I stopped attending and will be failing all of my 12 credit hours. I received a student loan to cover fall and spring semesters, and I am worried that even though the loan is already approved, I won%26#039;t be able to use it for spring. I would really like to start over this spring, and have found a way to work around my previous problem. If anyone knows how student loans work when you fail everything, please let me know. *Really worried about it!*

If I failed all my classes, will I lose my student loan?

you will still receive your studen loan....

if anything like that should happen again, see if you can drop the class, at least that way you wont bring your gpa down that bad....

If I failed all my classes, will I lose my student loan?

as long as you are not getting kicked out of college you will still get your student loan. They are not like scholarships with gpa requirments. If you do fail out you wont get anymore student loans and have to start paying them all back after 6 monhts.

If I failed all my classes, will I lose my student loan?

Of corse you can keep your student loan. Its not like a scholorship where you had to have good grades to get it. A loan is money and money only. It has nothing to do with your grades!

But try harder in spring

If I failed all my classes, will I lose my student loan?

I believe they will review it after spring semester, but with you failing all of them, its gonna be hard to bring your GPA up.

If I failed all my classes, will I lose my student loan?

You may not lose your student loan, but if you don%26#039;t pull your grades up you will lose any FAFSA funding.

If I failed all my classes, will I lose my student loan?

Talk to your school. The money should not be an issue, but you may be able to bankrupt this semester and it won%26#039;t count against your GPA and will not show on your transcript.If your school does not allow this, see if you can take the classes as incomplete. As a last resort, most schools (not all, but most) also allow you to replace any F%26#039;s or D%26#039;s with a better grade if you retake it (it still shows on your transcript, but is not figured into your GPA).