The seller can pay for closing costs. fha loan processing When savings, grants, and scholarships don't cover the cost of attendance, student loans can make up the difference. The lender will look at income (amount and stability), credit and compensating factors involved when rendering a decision. The National Student Loan Data System (NSLDS) is the U.S. Department of Education's (ED's) central database for student aid. . credit loan unsecured apply loan stafford