Monday, September 8, 2008

Student's Overview

If you follow the news, you've probably seen story after story on the rising cost of college. While the cost of higher education is rising, college is more affordable than you think.

Most financial aid (more than 60%) comes in the form of loans, aid that must be repaid. Most loans that are awarded based on financial need are low-interest loans sponsored by the federal government.

Student Loan: Subsidized/Unsubsidized Stafford Loans
You must file a FAFSA before you apply for these loans. The Student Aid Report (SAR) will show if you have need. Both of these can be filed by completing the same master promissory note. Once the application is completed and the loan is approved, the money is paid to your student account. By clicking here you can apply online. If you prefer to mail an application in then click on the PDF application listed below. Send one copy of your application to the school, one copy to the address on the application below for the lender, and retain a copy for your records.

8 pages PDF format
Federal Stafford Loan (Application) and Master Promissory Note.


Parent Loan: Plus
A parent loan is unrelated to need so parents can borrow up to the total cost of education, minus any aid received. Many lenders, including your bank, will provide quick pre-approval for PLUS loans. Once the application is completed and the loan is approved, the money is sent to the student account. If you prefer to mail an application in then click on the PDF application listed below. Send one copy of your application to the school, one copy to the address on the application below for the lender, and retain a copy for your records. Getting pre-approved online for a NelNet PLUS Loan is as easy as 1-2-3. Apply Now!

 

8 pages PDF format
Federal PLUS Loan Application and Master Promissory Note.


Private Loan:
If after you've pursued grants and scholarships and federal loans and you still need money to help pay for your education then the Private Student Loan can help. Complete NelNet’s online application and get pre-approved in less than 5 minutes. Apply Now!

In order that we may send you the FAFSA printed form, promissory notes, and brochures please request more information.

www.tgslc.org
www.nelnet.net
www.salliemae.com
www.ed.gov
www.petersons.com
www.collegeboard.org
www.finaid.org
www.nasfaa.org/ParentsStudents.asp
www.adventuresineducation.org

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