Moderator: Financial Aid Guru
pahern11 wrote:To begin, the FAFSA is a document used by the federal government to determine what your EFC (estimated family contribution) is for college - how much your family can afford to spend on your college education. You should visit http://www.fafsaonline.com/ for information on filing the FAFSA. A few days after filing your FAFSA, you will receive a Student Aid Report, which will show you what the federal government determines your EFC to be. 2-3 weeks after filing the FAFSA, you will receive a financial aid report from each school that you were accepted to/are already attending, which will tell you how much federal aid they are willing to give you. For more information on federal loans, try visiting http://www.staffordloan.com/. You should always take out federal loans before applying for private student loans. However, if you need additional funding, try visiting http://www.privatestudentloans.com/ to look into taking out a private student loan.
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