How do it work?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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kalvano
Posts: 11722
Joined: Mon Sep 07, 2009 2:24 am

How do it work?

Postby kalvano » Sat Mar 27, 2010 11:46 pm

So, once I fill out and submit my FAFSA, I just wait, is that correct?

Then the schools send me letters that say you qualify for X, with instructions on how to go about getting the loans?

Does the letter cover Stafford and Grad Plus?

Also, pretty much everyone short of Warren Buffet's kids qualify for Stafford / Grad Plus, correct?

achang
Posts: 12
Joined: Thu Mar 11, 2010 1:00 pm

Re: How do it work?

Postby achang » Sun Mar 28, 2010 12:43 am

you mean how "does" it work?

anyways, yes, all you do is fill it out and wait.
I'm almost positive the amount aid is the same regardless of where you'll go
GL in your cycle

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kalvano
Posts: 11722
Joined: Mon Sep 07, 2009 2:24 am

Re: How do it work?

Postby kalvano » Sun Mar 28, 2010 12:45 am

No, I meant "do", just to irritate people.

But thanks. I didn't use loans in UG, so it's all new to me.

All I need is Stafford and one year of Grad Plus, so that's good to hear.

Thanks, and good luck to you as well.




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