GavinC,
Does a poor credit rating affect federal loans in the same manner it might affect private loans? [/B][/QUOTE]
I have spoken with 2 different recruiters one from UOP and the other from a school that escapes my memory. Anyway, I was informed that each applicant had outstanding credit card bills, defaulted with payments and was, subsequently, denied loans. I don't think that it is too terribly common at state schools or at any school for that matter; however, at the private ones, it doesn't mean a thing if you ain't got that bling. Further, why would a school comment on this? It just gets swept under the rug. I don't think that most of us have or have had to lose any sleep from this.