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Step Two: Applying
for Student Loans:
Stafford Loans are the most popular student loans and the best place
to start when applying for student loans for both undergraduate
students and graduate students. If Stafford Loans won't cover your
expenses, there are other options such as private student loans, and
PLUS loans for parents. There is generally a 30 day waiting period
before you'll learn about your eligibly for student loans.
Step Three: Present your eligibility report to the
school of your choice
After your student loan application is processed, you'll receive a
SAR (Student Aid Report) showing the amount of federally backed
funding you are eligible for. If you haven't already applied to
colleges because you've been waiting to learn about your student
loan eligibility, now is the time to do so. Once you've received
your SAR and college acceptance letter, you're ready to start
school.
The student loan process can be a
very simple process once you understand the basic steps.
ScholarPoint has partnered with Colligate Funding Services (CFS) to
make the process of applying for student loans even simpler and more
straightforward.
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