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What is the deadline for accepting federal loans?

Posted: Sun Jun 30, 2013 6:52 am
by Real Madrid
I'm finding this whole loan process a bit confusing. I've already been approved by my school for loans based on the FAFSA form I filled out, and the school has on its checklist to accept loans in June, but is there an actual deadline?

Also, don't you have a certain period to request more or return some if your calculations were off?