How do loans work if you are waitlisted?

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turkey
Posts: 35
Joined: Tue Dec 20, 2011 9:14 pm

How do loans work if you are waitlisted?

Postby turkey » Tue Jan 24, 2012 5:58 pm

1. I haven't been waitlisted yet, but if I get waitlisted at a school and don't hear back until June, how does getting loans in time work? I have already submitted all of my FAFSA information.

2. Can you defer admission if you are accepted off of the waitlist?

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Ludo!
Posts: 4764
Joined: Wed Nov 09, 2011 1:22 pm

Re: How do loans work if you are waitlisted?

Postby Ludo! » Tue Jan 24, 2012 6:05 pm

You don't get loans until the first week of classes. FAFSA lets you enter like 15 schools or something right? Just keep any schools you are waitlisted at and want to attend in the top 15. You can update the FAFSA and change the list of schools any time. (well I'm sure there's some cut off but I was doing it until at least May)

Don't know about your second question

turkey
Posts: 35
Joined: Tue Dec 20, 2011 9:14 pm

Re: How do loans work if you are waitlisted?

Postby turkey » Tue Jan 24, 2012 6:06 pm

Ludovico Technique wrote:You don't get loans until the first week of classes. FAFSA lets you enter like 15 schools or something right? Just keep any schools you are waitlisted at and want to attend in the top 15. You can update the FAFSA and change the list of schools any time. (well I'm sure there's some cut off but I was doing it until at least May)

Don't know about your second question

Thanks...love the avatar and username.




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