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[benji293]

im so freakin lost...how the hell does financial aid work? blaaaaargads tarry majjjjjjjlkasdfpplesyrup. do i go to a bank and tell them to give me some damn student loans or do i just hold it up. the latter seems better for my state of mind, plus theres no loan to pay back. i shall strike down in furious anger..and confusion.

Comments

[thelocalchunkyg]

Fill out a fafsa, then whatever school you go to will give you an offer of financial aid. ALSO you can go to the bank, and they will give you student loans, but you will have to pay interest on those loans. ALSO you will not know how much to take out until the offer of financial aid comes out, as you might be elligable for grants or other good things, or a subsidized loan from the government, which means no interest, just loan. THAT is awesome.

[spongebobsarah]

Expansion on the above post:

http://www.fafsa.ed.gov

Then from the middle of the page, click "Fill out a FAFSA"

Now, all you have to do it follow the directions.

[benji293]

yeah, i already did fafsa, im jsut confused about where the money comes from now...do i just fill out all the papers the school sends me and let them take care of shit? or do i have to actively seek out banks to give me student loans? thanks for the help y'all.

[thelocalchunkyg]

It is a little of both- depending on what the school offers you. You will get an offer of financial aid. This usually has an estimate of general expenses as well as tuition, and depending on your income and your parents income will give you grants or loans. You can choose to accept or decline some or all of the offers. If you don't feel like they offered you enough to get through the year (like my financial aid) then you actively seek out loans.