Posted by Professor | Posted in Uncategorized | Posted on 19-07-2010
Tags: company, consolidation, debt, finance, loan, student loan companies, student loan company, student loan company 2, student loan company acs, student loan company citibank
when you get Fafsa do they send you the check or the student loan company?
When you get Fafsa do they send you the check or the stunded loan company?
FAFSA doesn’t send anyone anything. It is simply the name of the federal application. When you fill it out, the Department of Education sends your information to the school. The school determines your eligibility and sometimes asks for further verification.
If you qualify for grants or loans, that money is sent to your school from the Department of Education to help pay for your costs. If there is extra, the extra is sent to you from your school.
Read this book, it will help.
http://studentaid.ed.gov/students/attachments/siteresources/FundingEduBeyondHighSchool_0910.pdf