from the schools you listed on your FAFSA. You can accept the offesr or pass if you've decided to take another route. If you decide to accept the funds, you'll need to complete entrance counseling (a relatively brief training on how your student debt works) and sign a loan agreement....
It's important to know that completing the FAFSA doesn’t commit you to anything–it simply gives you more options to choose from. You are not required to attend any of the colleges you listed on your application. You are also not required to accept all–or any–of the aid you’re ...
If the federal aid won’t cover the full cost of college, you’ll probably need to apply for private student loans. Not sure where to start? This guide walks you through how to get a student loan in seven steps.
Federal loan eligibility is determined by filing the FAFSA. The advantages of a federal loan over a private loan include: Fixed and, sometimes, lower interest rates The ability to borrow money without a cosigner A 6-month grace period after graduation before repayment Flexible repayment plans like...
The FAFSA is an application college students complete to qualify for financial aid. You’ll need to go through the process each year to get financial assistance from the government. Funds are issued on a first-come, first-served basis, and you can apply as early as October 1 for ...
The Free Application for Federal Student Aid, or the FAFSA, is an important document when beginning the process of applying for college loans. Completing the FAFSA really should be the first step for anyone on a quest to secure loans or other financial aid. You will create a login, and the...
Another federal option is a Direct PLUS Loan (often called a “Parent PLUS Loan”). This loan is granted to the parents of undergraduate students and has a similar application process as the FAFSA. Federal student loans can help you and your family pay for college, but they may not cover...
The total loan amount is also based on your dependency status and the type of loans you need to borrow. Accept Your Financial Aid Offer Once you've reviewed your options, contact your chosen school to accept the financial aid offer. You should compare the total cost of attendance with your...
on Credible How to get a federal student loan It’s best to start with federal student loans before applying for private student loans. 1. Submit the FAFSA Submit a Free Application for Federal Student Aid, or FAFSA, to find out how much financial aid you may qualify for that won’t ...
Higher education is a major financial undertaking, and financial aid is necessary for most students. The Free Application for Federal Student Aid (FAFSA) is the first step to creating a plan to pay for your or your child's education. The award letter lets students and parents know how much...