How to Apply for a Federal Student Loan

 

 

To apply for a federal student loan, start by filling out and submitting the Free Application for Federal Student Aid (FAFSA®) form. After you complete your FAFSA, your college or career school will review your application and send you a financial aid offer, which might include federal student loans. Your school will guide you on how to accept all or part of the loan.

 

Before you get your loan funds, you’ll need to:

 

1. Complete Entrance Counseling: This is a quick session to make sure you understand your responsibility to repay the loan.

2. Sign a Master Promissory Note: This is your agreement to the terms of the loan.

 

For specific details on the process at your chosen school, reach out to their financial aid office.