#how to apply for a student loan
How to Apply for Student Loans
By Miriam Caldwell. Money in Your 20s Expert
Miriam Caldwell is a freelance writer with a specialty in personal finance. She believes that you can lay a solid foundation by starting to manage your finances in your twenties.
A federal student loan can be obtained by filling out the same paperwork, so even if you don t qualify for a Pell Grant. you should fill out the FAFSA. You are not required to borrow money when you apply for a grant. You need to work on maintaining eligibility for both of these funding options.
Time Required: 1-2 hours
- Check to be sure that the school of your choice qualifies for the Pell Grant. You can find this information by searching for the school code. Most technical and traditional schools qualify. However if your school has had problems with accreditation, you may not qualify for funding.
- Apply for a PIN. This will serve as your online signature. It can take up to three days for the PIN to be verified, but you can receive a temporary PIN to complete the application.
- FAFSA.ed.gov has an online application form available. You can also print out a form to mail it in or visit your financial aid office to receive a form or to get assistance filling out the form. The easiest way to fill out the form is online. It is important to fill out each line correctly, so that you can receive financial aid quickly.