Steps in getting FAFSA Loans!!

[2005pharmD]

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Hey guys,

Quick question:

To get the FAFSA Loan, there is basically 2 steps:

1) apply on fafsa website
2) take the quiz online

Am I right? Is there anything else I need to do? Any other steps?

Thanks

 

[goheel]

there's no such thing as FAFSA loan. FAFSA is just an application you fill out to determine whether or not you need financial aid. If you do need financial aid, then the school will give them to you through either federal or institutional grant/loan. FAFSA doesn't give you any loan. I don't think there's a quiz you have to take either. So you've never filled out the FAFSA before?

 

[2005pharmD]

sorry, you're right; I guess the core of my question is: what do I do once I have filled out the FAFSA and submited it electronically? What is the next step to receive the loan? And yes, I have filled out the FAFSA and sent it.

Thanks

 

[goheel]

Just wait for the school's financial aid department to contact you. Usually, you have to fill out another set of financial aid forms from the school.