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Disclaimer: I know very, very little about loans and how they work, so forgive the dumbness of my following questions.
So, we're supposed to fill out a FAFSA form. Is that what qualifies us for federal loans (subsidized and unsubsidized)?
Or do we have to go to a private company/bank for loans?
Also, there's a cap that limits the amount of money you can take out. If you need more than the limit, are you allowed to get loans from other sources?
Mad Confoozled. How are you guys doing it?
So, we're supposed to fill out a FAFSA form. Is that what qualifies us for federal loans (subsidized and unsubsidized)?
Or do we have to go to a private company/bank for loans?
Also, there's a cap that limits the amount of money you can take out. If you need more than the limit, are you allowed to get loans from other sources?
Mad Confoozled. How are you guys doing it?