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Student loans are not free, financial aid is. Federal grant is also a student loan. Get it right before you go to the student aid office and argue to them that you didnt owe any loans or grants. Financial aid pays a certain amount enough to "aid" you through college. It is not meant to pay your whole tuitions. If you dont have a job or unemployed you need to ask for a federal grant. Now federal grant will loan the money to you once you get all the paper work done. Financial aid in another hand is like a gift, but you must be qualified to get financial aid.
Both financial aid and student loans or federal loans, must be submitted early in the beginning semester. You may submit your paper work late, but the chances that you will be granted with loans and aids are very slim. Besides that fact that you will only make the administrator very mad; submit your work as soon as possible.
If you havent sign up for financial aid, you may apply at fafsa.ed.gov to get your application ready. Remember when you go through this process, KEEP ALL DOCUMENTS of your financial aid. With in the next semester you will have to resubmit your document. Always remember you pin number, it will be a hassle to run back to your house to get the documents.
Students who have a job can apply for student loans. Student loans are federal grants, state grants, or other type of grants. These grants are not free, you must pay back once you have graduated from college or you have dropped out. You do not have to pay when you are attending school. Student loans are great to help you on your way to college; it is not for other type of expenses. Using the money for movies, games, or shopping is not how you spend for college. You could end up with a bill of $30,000 to $80,000 by the time you get out of college.
A great thing about student loans is the interest rates. The loans have very low rates in which you could expand the payment out for years. As long as you pay the government monthly they are happy.
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