how do I get loans out of default in time for spring?

[waiting2bemommy]

please no flames, I sent in the paperwork for deferment THREE times and apparently something did notget done, because when I went to do my fafsa it turns out I don't qualify for any federal aid because all three of my loans (wells fargo/sallie mae) are in default.

I called them and my only options are rehabilitation which will take 9 months or some other thing that takes 3 on-time monthly payments. And you cannot pay ahead (not that I have the $$ for that anyway). I have been planning to go back to school in January and I am worried now that it won't happen.

Anyone know of any other options? I still qualify for deferment bt once the loans go to defaul, for any reason, I guess there has to be payment made before anything can happen.

Any advice?

[pinksprklybarefoot]

To my knowledge (and I have been there), the only thing you can do is the rehabilitation. If you start now, you will be good to go for fall.

Hopefully someone else knows something that I don't!

[JudiAU]

pp is correct

They went into default and now you have to play by the strict rules to get them out. When you get back out, consider doing auto payments. Default student loans are an albatross.

[K1329]

Came across this old thread... But, you can clear default status through consolidation. If you can consolidate the loans ( preferably through direct loan, student loans . gov), you will be eligible for more.
That said, student loans can be a burden. Try to find other funding sources, cheaper tuition, etc, whenever possible.