fafsa, loans and college? Which order should it be done?

Question

The college I want to go to has to have $650 enclosed with the application. Should I submit a FAFSA first and get approved by them or does FAFSA require that I already be enrolled for the school. I also need to get a stafford loan so I need some advice on which order I need to do this. I know for sure that I need to be approved by FAFSA before I can get a Stafford loan but do I need to be accepted by the college before or after I do this?

Answer 1

First submit your FAFSA- everyone is "approved" by fafsa- the amount you will receive in loans and scholarships is based upon your financial need- and that of your parents if you are not considered an Independent student. If you qualify as an independent study, (you would have to prove that you supported yourself for one year prior to being admitted into college) you would then qualify for the MOST in subsidized and unsubsidized stafford loans. Apply for FAFSA online, list the school/schools you are interested in. *you will need your income tax info for last year from you and your parents. And NO, you do NOT need to be accepted to a college first-it is better to submit the form before you commit to any college- you will then get EFC-expected family contribution $$$ so you can foresee what colleges you can truly afford to go to--- Good luck- again, google fafsa, there will be many other sites to help look for other scholarships.

Answer 2

Fill out the FAFSA first. List all of the colleges that you're applying to, so that the information is sent to them. That way, when you're admitted they'll have all that info and can tell you right away how much aid they're offering. This should be one of your criteria in choosing between schools. If you need to add a school to your list, you can go back into the application after its submitted and amend it.

That application fee seems really high.They don't usually want that much money until you're accepted. Are those people legit?

Answer 3

The FAFSA is an application for economic help. once you fill it out, the economic help workplace on the college the place you utilized will grant you a economic help kit that could contain a Stafford very own loan and/or a Perkins very own loan. I have been given the two, yet a year or so in the past my former college discontinued the Perkins very own loan software. you additionally can get provides you and value waivers from the college. The economic help kit could additionally contain artwork learn, that's the possibility to be conscious for and artwork at a artwork learn activity. you do no longer could desire to take artwork learn in case you come across a extra physically powerful activity someplace else. in case you be conscious to and are time-honored by way of extra effective than one college, they're going to each and every grant you a distinctive help kit.

Answer 4

NO you apply for FAFSA before being accepted to a college.. This is a common mistake and it often causes students problems. When you put in your FAFSA they have a place that asks where do you want your info to go to .. what you should do is narrow your college choices down to 5 and have FASFA send all 5 schools your info. then you can just tell them which you decided on pending your acceptance. High Schools are horrible at teaching students about federal aid... find a college student to help you... trust me we all know the ins and outs of this process.

Answer 5

You must be enrolled in a school to be able to apply for a loan through FAFSA. Once you are accepted to a school then you will go to the FAFSA website or get papers from your school and apply through them for a Stafford Loan. I would suggest going to your schools financial aid office and asking for an appointment. They will walk you through it. You're not the only student who has questions like this, they shoudn't be surprised at your question.

Here are some helpful websites for you as well...

FAFSA website http://www.fafsa.ed.gov/
AES website http://www.aessuccess.org/
http://www.youcandealwithit.com/