Those students that would wish to apply for financial aid, but have poor credit should not be desolate because attaining college entry or qualification is not and should not be something far fetched.
There are certain options available that help students who have poor credit records to pay for their studies.
One of the common forms of aid for students with a poor credit record is the US federal loan.
These federal loans are made in such a way that most students that complete their high school and want to enter college do not have credit ratings as yet.
There is a Stafford loan that operates under the United States Department of education and this loan does not look or take in to account the student's financial rating in order for them to apply for a loan.
The only thing that can be a cause for concern is if you have bad credit ratings of say not repaying back your previous loan.
These loans are issued subsidized or not subsidized.
The subsidized loan is issued on need and the interest is paid by the government whilst the particular student attends college.
The other type of loan is for students but the government does not pay the interest, it is the student who pays for the interest.
These loans are generally of low- interest.
Another type of student loan is the Perkins loan in which the loan amount is determined by factors such as the college to be attended by the student.
Those students that carry bad credit ratings should check for federal grants.
Students can also take private loans to fund their studies.
Although the government does not guarantee these loans or act as a guarantor they do offer higher lending amounts than the government loans and with private loans bad and or poor credit can be a negative factor.