Navigating the complexities of student loan debt and financial aid can feel overwhelming. Many students wonder if owing money on previous loans precludes them from receiving further assistance for their education. The reality is more nuanced than a simple yes or no, depending heavily on factors like loan type, repayment plans, and overall financial circumstances. This exploration delves into the intricate relationship between existing student loan debt and the possibility of securing additional financial aid. Understanding the various types of financial aid (grants, scholarships, loans), the different categories of student loans (federal, private, subsidized, unsubsidized), and the impact of credit Read More …