If you or someone you love is looking for a federal loan to get through community college, good luck. Chances are, you'll need it.
Nearly a million community college students attend schools that do not participate in the federal student loan program, leaving them with few good options for financing their education, a new study found.
About 250,000 students in California alone lack access to federal student loans, according to the study. And in seven states, 20 percent of students are shut out of those programs.
Without access to federal loans, students may resort to costly credit card debt or private loans, hurting their financial future, or enroll in fewer courses so they can take on more outside work, reducing the odds that they will graduate.