I'm definately confused in the whole loan process. I sent back my acceptance to the school early this past week.
Logged on to TG and did entrance counceling.. I guess I have to wait a couple days for my loans to show up there?
can someone give a quick (1.2.3. list of steps to take) so I can make sure I don't make a dumb mistake
ex)
1. return signed award letter
2. complete online entrance interview
3. wait 3 business days for loan to appear on TG
4. do something with the mpn..
Also most banks list 20k as maximum stafford award/year but don't mention medical which the ones that do list much higher amounts specifically for dental.
I (un)fortunately have very little bank loyalty and will go with the one that gives the best rate.
http://www.bankofamerica.com/studentbanking/index.cfm?template=stb_stafford_loans
I find the 3% reduction interesting. not sure about origination fees.
citibank looks good with their 1% rate reduction as a "graduation" gift
capitalone looks similar w/ 0 fees and rate reductions. don't know details yet