How to Apply for a Student Loan

by Contributor

Student loans are vital resources that help pay for college. The application process for financial aid is not intended to be difficult but can still be overwhelming at times. Ease the stress by applying online for federal loans, private loans and grant loans. Read on to learn more about how to apply for a student loan.

File for the Free Application for Federal Student Aid (FAFSA) at the U.S. Department of Education Web site. Be sure to include your school's FAFSA code.

Wait for your Student Aid Report. A financial aid award letter will be sent to you explaining your eligibility for aid. Review the report for accuracy.

Apply for your federal loan. The major federal loan for students is the Stafford Loan. FFELP loans and FDSLP loans are two variations of the Stafford Loan. Apply for your Stafford loans online. You will receive a promissory note that must be signed.

Get other student loans from private institutions if you need more money. Search online or contact your local lenders.

Manage your funds. Most colleges will put your Stafford Loan proceeds directly towards the cost of your tuition. If any money is left over it will be sent to you or applied to the loan.

Video of the Day

Brought to you by

Cite this Article | raiffeisen-cards.ru A tool to create a citation to reference this article Cite this Article

Related pages


coopers and lybrand historydoes kroger cash checkscashing in an insurance policyrental property return on investment calculatorhow to itemize receiptsshare draft account definitionwhat is reference number on medicare carddifference between annuity and pensionsimple ira contributionsdebt to total assets ratio analysiszurich warranty refundcapital budgeting and investment decisionshmo vs ppossdi age limitsynonym ride10 day payoff calculatorfood stamps missouri applicationraja com calling cardhow to negotiate your credit card debtnondeductiblehow to calculate total income from w2does cvs take food stampstreasury direct bond valueincorrect w2mip michiganwhat is grantor and granteepaid in capital in excess of par value common stockspouse responsible for student loansaeroplan register onlineflorida nurse license endorsementcigna provider enrollmenthow long does court take for a speeding ticketadvantages and disadvantages of a company going publicstates with lowest taxes for retireeshow to find lien holders on a propertysingle mom affordable housingsavings bonds value by serial numberdoes leasing a car build creditexcella routing numberaverage salary of fbi agentannualize daily returnswhat does non formulary meandoing taxes without w2divorce in texas without a lawyerwic texas income guidelinesusps money order expiration datecorrective quit claim deedunited healthcare subscriber numberwhat the minimum salary to file taxesminimum wage in florida after taxeshome office allowable expensesselling roth iraprosystem fx trainingfixed asset turnover interpretationallstate scholarship programchfa requirementsstate of indiana refunddisadvantage synonymsprint pay cell phone billscra section 535selling house in negative equityrent controlled apartments manhattaninsurance that pays off mortgage if i diestatute of limitations credit card debt illinoiswic income guidelines texashow to write a hardship letter for student loansstatute of limitations on collecting debthow much is pmi in texasis financial aid taxablehow to calculate owners equityhow to become real estate appraisersocial security payout