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Federal student loans are some of the most affordable financial aid tools available to students and their families, with interest rates lower than most other forms of financing and deferred payments until after graduation.

To qualify for federal sources of financial aid, students must complete and submit the Free Application for Federal Student Financial Aid (FAFSA) to the U.S. Department of Education. Make sure you submit the FAFSA form as early as possible! Submitting the FAFSA determines your eligibility for student aid by:

* Applying a standard financial aid eligibility calculation to a student's and family's personal and financial information
* Conducting checks with other government agencies (Social Security Administration and Selective Service for example) to ensure the applicant is eligible for federal student aid.
* Electronically forwarding a record of the application to the school/schools specified by the applicant.
* Apply Online: FAFSA Financial Aid Application | Online Form

 
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