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federalstudentloan federalstudentloan

Біографічна довідка

https://afs.org.au/careers/student-loans/how-to-get-a-federal-student-loan.html

 

Getting a federal student loan involves several steps. First, complete the Free Application for Federal Student Aid (FAFSA) form online to determine your federal student aid eligibility. Ensure you meet the essential eligibility criteria, including being a U.S. citizen or eligible non-citizen, having a valid Social Security number, and being enrolled or accepted for an eligible degree or certificate program.

After submitting the FAFSA, you'll receive a Student Aid Report (SAR) summarizing your financial aid information. Review this report for accuracy. Your school will then send you a financial aid award letter outlining the types and amounts of aid you're eligible for, including federal student loans.

To accept a federal loan, sign the Master Promissory Note (MPN), agreeing to the loan's terms. Complete entrance counseling if you're a first-time borrower. Your loan funds will be disbursed to your school, typically at the start of each term, covering tuition, fees, and other education expenses.