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The application process for federal student loans is separate from the private student loans application process, and the lending terms tend to differ between the two.
Federal Direct Unsubsidized Loan - Part of the Federal Direct Student Loan Program, Federal Direct Unsubsidized Loans are not need-based, meaning that nearly all students are eligible to receive them. Unlike Federal Direct Subsidized Loans, Direct Unsubsidized Loans accrue interest the moment they are applied to a student's tuition account.
The Free Application for Federal Student Aid, better known as the FAFSA, has long been due for an update. On December 30, a new version of the form was released – a culmination of changes ...
Read more: How to apply for federal student loans 'A challenging year for the FAFSA' Education officials noted that the FAFSA has been available 24 hours a day, seven days a week since Jan. 8. The ...
Undergraduate and graduate students with exceptional financial need are eligible to receive a Federal Perkins Loan. The Federal Supplemental Educational Opportunity Grant (FSEOG) is a program through which Federal Student Aid provides funds to schools, who in turn offer the grant to students. FSEOG grants range from $100 to $4,000 during the ...
You cannot access federal student loans, including the Parent PLUS loan, and many other types of financial aid without filing the FAFSA. Unfortunately, rolling out a new form isn't smooth.
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