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Applying for a School Loan?

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Applying for a School Loan?

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If you’re a prospective college student and you are in need of a school loan, a Federal student loan is a good option. In order to get approved for federal financial aid you will need to complete the FAFSA. FAFSA is the acronym for “Free Application for Federal Student Aid.” Complete and submit a Free Application for Federal Student Aid which is the basis for all financial aid. Students can begin submitting their FAFSA on January 1. Here are some frequently asked questions regarding FAFSA and federal financial aid. 1. How do I apply for financial aid? A FAFSA is all you need to get started. 2. What is FAFSA? Free Application for Federal Student Aid. It’s Free! 3. Do I have to fill out a FAFSA every year? Yes. Applications are available starting January 1st, both paper and electronic applications. 4. What is the difference between submitting an electronic FAFSA versus a paper FAFSA? An electronic FAFSA is processed in two (2) to three (3) weeks, while the paper FAFSA takes four (4) to s

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