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If you owe government student loans will the lottery take it out of your winnings?
Wiki User
∙ 12y ago
You do know what is going to take place when you owe back taxes, penalties and interest from past years. And of course they will already have some income taxes that were withheld from your winnings that you will have to file a 1040 federal income tax return for to report your winnings and all other sources of gross worldwide income on.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoI've learned one thing when it comes to student loans, and that is that they can do whatever the hell they want to collect on them. Be sure that they can take your lottery winnings....
Wiki User
∙ 12y agoi would take it out the money i won,and pay my loans
Anonymous
What percent do they take from the student Loan
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Can the government cease lottery winnings if you owe student loans?
If you are in arrears they can certainly lein it.
Who can intercept lottery winnings in pa if you have debts ie. student loans?
If your in collections and have judgments than I think anyone can take out of it. If you won why not pay them off?
Are private student loans more financially advantageous than student loans through the government?
Student loans through the government are better than private loans due to the fact that the government does not have as high of interest on the loans, and you get a longer time to pay them back.
Are all student loans issued by the Federal Government?
No..there are also private student loans.
Where do you find student loans?
In the US, you can get student loans through the federal government by using FAFSA.
Why are student loans usually guaranteed by the government?
Banks don't have any collateral for student loans.
How can someone get student loans from the government?
Government Student Loans can be acquired from student loan websites such as StaffordLoan, WellsFargo, StudentGrants, PNC, StudentAid, and many more.
In what ways are private student loans different from government loans.?
Private student loans usually have higher interest rates and have to be paid in a specific time period. Government loans are more flexible.
Are Astrive Student Loans backed by the government?
Astrive loans are privately given loans. These loans are not backed by the government, since they are issued by a private company.
What government student loans are classified as consolidates?
Most government student loans are always classified as consolidates. But the most known one is called Federal Student Aid and you can search that on an internet browser.
Where can someone go to learn more about college education loans?
You can learn about college education loans from government websites such as Student Loans and Student Aid. Other websites include CU Student Loans and Scholarships.
Where can one get info on student loans from the government?
One can go to Stafford Loan to both apply and find information for student loans. One must remember to fill out enough information to get the loans from the government.
