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Are student loans considered financial aid?

April 26, 2017financial aid student loans

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Are student loans considered financial aid?

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Yes, loans are a form of financial aid. You must complete the FAFSA and go through the regular application process. You should indicate on the FAFSA that you are interested in loans. Notification of your eligibility for loans will be on your award letter. You must complete the online loan acceptance form after you are awarded if you decide to accept a loan. However, you must be enrolled in at least 6 hours to be eligible for a student loan.