Student Loan Online Application

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The borrower must complete the FAFSA (Free Application for Federal Student Aid) form and submit for funding. A renewal FAFSA can be completed if the applicant has submitted the FAFSA last year.

The FAFSA can be completed online:

[Http://www.ed.gov/offices/OSFAP/Students/apply/express.html]. If the student has already completed the FAFSA or renewal FAFSA for the current school year, he or she must submit a copy of their forms of CRS. The federal government must receive the FAFSA or renewal FAFSA before financial aid will be disbursed.

The borrower must complete and submit the MPN (Stafford Loan application and promissory note) and support for financial applications and paperwork KSI. The financial and advisory director for the student to determine the loan amount for which he or she is eligible. Once the loan is secured and certified that the borrower has repaid the promissory note is completed, the financial aid office must complete the school certification.

Students will have an entrance counseling to explain all the rights and duties of applicants for student loans. When the student borrower has completed its course or withdraw from school, the loan remains on the student's account will be returned to the lender.

Students will have an exit counseling session to explain the responsibilities of payment options and terms.

What if you have a problem?
If you have a problem, seek help. Not only skip payments. If you are having financial difficulties while paying back your student loans, contact the service provider of your loans and explain the situation. The service provider may be willing to renegotiate the amount of your monthly payments or give you a forbearance economic difficulties. You can enjoy a brief period where no payment is due, or you can get permission to do less regular payments for a while.

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