Confused on financial aid process!!

[Brandie28]

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I have never taken a loan out for school so I am little lost right now with the whole process. I am attending Nova and I have filled out my FAFSA and they sent me an e-mail saying I don't qualify for any federal assistance but I might be eligible for stuff through the school. So I e-mailed the school awhile ago and asked what do I do now. They said they have started the financial aid process yet but when they do they will see if I qualify for anything there and send an application to SallieMae. I have yet to hear anything and it is June....should I be applying for private loans now? I am getting nervous not knowing if I will be able to get the money I need to go to school, but I don't know if I have to wait to here from Nova and SallieMae or if I can go on my own and apply for loans? I would greatly appreciate any help with this...its stressing me out not knowing what to do! Thanks!!

 

[aboveliquidice]

I have never taken a loan out for school so I am little lost right now with the whole process. I am attending Nova and I have filled out my FAFSA and they sent me an e-mail saying I don't qualify for any federal assistance but I might be eligible for stuff through the school. So I e-mailed the school awhile ago and asked what do I do now. They said they have started the financial aid process yet but when they do they will see if I qualify for anything there and send an application to SallieMae. I have yet to hear anything and it is June....should I be applying for private loans now? I am getting nervous not knowing if I will be able to get the money I need to go to school, but I don't know if I have to wait to here from Nova and SallieMae or if I can go on my own and apply for loans? I would greatly appreciate any help with this...its stressing me out not knowing what to do! Thanks!!

You need to contact the school NOW - Have them explain to you - IN DETAIL - how this process works going forward. The only reason I can think of that you would not qualify for federal loans is if you are not an American citizen - if this is the case, Nova is well equipped to deal with it - they operate one of the few international pharmD programs.

Get on them now - and do not stop until you have a definitive answer. History is littered with the number of great students who could not attend school due to lack of funds.

 

[thephoenician88]

when they say you don't qualify for federal assistance i think it's talking about pell grants. It said pell grants for me under SAR comments, you don't get pell grants past bs degrees. Contact the school for your loan info.

 

[PharmHer]

Does anyone know how long it actually takes to hear back for federal loans and to receive. I just completed my fafsa and sent out the signature page. This was done so late b/c i just got accepted into a program. Now how soon will i know if, i will have enough money to pay for school, and if i do qualify, how do they despense it, to the school, or student????

 

[PJ521]

I sent my FASFA a few weeks ago and mailed my 1000 check for a deposit. Like phoenician I got the denial of the Pell Grant since its beyond a bachelor's. this doesn't mean I'm getting no aid, but I still have not heard from them about any federal loans. I know you can register for classes on July 7, I just hope I know how much money I can borrow so I can find a place to live.