What is the name of your state (only U.S. law)? Colorado
I'm in college and my previous school had told me that to receive the UNsubsidized portion of the Direct Loan (not private loans) all I had to do was request it, I couldn't be denied since it's not need based. My current school however is saying that I have to apply for the unsubsidized loan and if they feel my need is justified I will be given it, but that they can also deny my request. This information is obviously the opposite of what I was told at the other school so I'm a bit confused. I'm trying to find out if the school can legally deny my request for the unsubsidized portion of my Direct Loan, the federal student loan program. I do understand that if a schools default drops too low they won't be allowed to offer the federal loans but this school still awards the subsidized portion so I know that's not the issue.
I'm in college and my previous school had told me that to receive the UNsubsidized portion of the Direct Loan (not private loans) all I had to do was request it, I couldn't be denied since it's not need based. My current school however is saying that I have to apply for the unsubsidized loan and if they feel my need is justified I will be given it, but that they can also deny my request. This information is obviously the opposite of what I was told at the other school so I'm a bit confused. I'm trying to find out if the school can legally deny my request for the unsubsidized portion of my Direct Loan, the federal student loan program. I do understand that if a schools default drops too low they won't be allowed to offer the federal loans but this school still awards the subsidized portion so I know that's not the issue.