Sunday, October 29, 2006

Educational Loan: A Partner in Achieving Success

Education is important to one’s success. It is the kind of wealth that is never stolen. What if you don’t have the means of going to college? This is when most students resort to financial supports such as loans, scholarship grants, and work-study type of curriculum.

Educational Loan is the most popular option of getting support for college. There are some requirements you have to accomplish to avail this opportunity.

The Financial Assistance Process

I. Fill up the application form for student loans.

Requirements:

• National citizen of the United States are more prioritized. Non- U.S citizen should show a valid SS number.

• Must be enrolled on selective service program among men aging 18 to 25 years old.

• Must have a Secondary Level Educational Attainment or accomplished a GED (General Education Development) program.

• Enrolled, at least for a semester, in a bachelor’s degree course or any educational program.

II. List at least six schools where you wish to be admitted. This will permit you to have numerous award letters.

The application forms in applying for student aid are made available at your secondary level education school, any college financial assistance office, or at any public libraries. This form will be processed for almost four to six weeks. After that period, you’ll be receiving your SAR (Student Aid Report)

The SAR carries the information of how much you’ll be receiving on your financial support and how much is your EFC (Expected Family Contribution). The schools you’ve listed in the application form would also receive this document.

III. Upon the receipt of your SAR, you have to check for possible errors or incorrect information written.

If there are errors, you may correct them through online at FAFSA Web Corrections, write down certain corrections and mail it on the given mailing address, or contact the financial assistance office of the school you plan to be admitted in.

Education is important to one’s success. It is the kind of wealth that is never stolen. What if you don’t have the means of going to college? This is when most students resort to financial supports such as loans, scholarship grants, and work-study type of curriculum.

Educational Loan is the most popular option of getting support for college. There are some requirements you have to accomplish to avail this opportunity.

The Financial Assistance Process

I. Fill up the application form for student loans.

Requirements:

• National citizen of the United States are more prioritized. Non- U.S citizen should show a valid SS number.

• Must be enrolled on selective service program among men aging 18 to 25 years old.

• Must have a Secondary Level Educational Attainment or accomplished a GED (General Education Development) program.

• Enrolled, at least for a semester, in a bachelor’s degree course or any educational program.

II. List at least six schools where you wish to be admitted. This will permit you to have numerous award letters.

The application forms in applying for student aid are made available at your secondary level education school, any college financial assistance office, or at any public libraries. This form will be processed for almost four to six weeks. After that period, you’ll be receiving your SAR (Student Aid Report)

The SAR carries the information of how much you’ll be receiving on your financial support and how much is your EFC (Expected Family Contribution). The schools you’ve listed in the application form would also receive this document.

III. Upon the receipt of your SAR, you have to check for possible errors or incorrect information written.

If there are errors, you may correct them through online at FAFSA Web Corrections, write down certain corrections and mail it on the given mailing address, or contact the financial assistance office of the school you plan to be admitted in.

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