Can I get another loan? Am I wasting my time applying for a new Student Loan when I am already in arrears on my previous loan? Can I apply for a grant? I would love to return to school but am not sure if my previous loan status and back taxes status are going to be a roadblock in taking my career forward.
While it is great that you are refocusing your efforts to complete your education, unfortunately you cannot be approved for another student loan if you already are in default on your previous student loan. Work out a loan consolidation program or explore options to get part of the previous loan waived. That way once you are not in a limbo state as far as your previous loan is concerned you should be able to move forward with a new loan application. Good luck
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