Florida Student Loan Default

The consequences of defaulting on a student loan are serious and long-lasting -- and may depend on where you live. Here is information for your state.
You are viewing information for Florida

Last Reviewed: Sun, Oct 11, 2020

Anyone who defaults on a student loan faces serious consequences, such as wage garnishment, a ruined credit report, and sometimes even a lawsuit. Florida residents risk state penalties, as well.  

  • Your Florida professional license may be suspended.
  • Any Florida lottery winnings may be seized.
  • Your school may withhold your transcripts or other academic records. (See Florida Statutes § 1009.95(5).)

To learn about wage garnishment laws and restrictions in Florida, see the Wage Garnishment page at Nolo.com.

For help avoiding default, see What If I Can't Pay My Student Loans?

For information about rehabilitating defaulted loans, see How to Get Out of Student Loan Default.