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Top Fifteen Tips for Best Financial Aid

<h1>Top Fifteen Tips for Best Financial Aid</h1>
<ol>
<li>When considering what university or college to go to, contact the financial aid office of every school for: overall college expenses,  all the financial aid info, financial aid applications, methods,and deadlines.</li>
<li>Knowing that you’ll certainly require some help with paying out your college expenses, begin by completing the FAFSA. In that way, you’re signing up to all the Title IV federal financial aid programs. Properly respond to each of the needed queries on it making a copy for a record.</li>
<li>Send out the form  as far before the deadline of the school as possible (however, not prior to 1st January) and make sure you always employ the forms which correspond to the academic year when you would like to get the aid.</li>
<li>FAFSA  includes a “follow-up” section on the internet where you will be able to print out your own SAR (Student Aid Report). Look at the form plus make all necessary corrections.</li>
<li>Send out the SAR to financial aid office at  schools that you pick if needed. (Usually the SAR is directly sent to every school as mentioned on the FAFSA, which means you will not need to bother about this task.) Maintain a copy of  SAR for your records.</li>
<li>When the financial aid office assesses your financial aid application, an award letter will be issued suggesting the amount of aid you would really get. This letter generally arrives several weeks just after filing all of your original forms for financial aid.</li>
<li>Acknowledge all or some part of the aid, after that sign and give back the award letter to the office of the financial aid.</li>
<li>In cases where loans tend to be part of your financial aid package, begin looking into rates of interest and terms having a private lender or obtain a federal direct student loan.</li>
<li>Obtain a loan application from the office of the financial aid, complete it, and send it out  towards the lender you have selected.</li>
<li>Get loan approval, generally about 6 to 8 weeks upon applying (if you don’t get a direct student loan, these loans usually take 7 days for processing).  Sign  promissory note that stipulates the repayment terms and conditions of the loan.</li>
<li>In cases where federal Work-Study is part of the aid package, make the arrangements for meeting with your financial aid agent to get information on matching you to the right job. (The majority might be campus-based and may depend on your major.)</li>
<li>Keep excellent grades plus eligibility for aid  during your college years.</li>
<li>Fill out an aid application for each year you’ll require aid.</li>
<li>Stick to the above listed step.</li>
<li>Monitor your loans; make repayments promptly. Don’t get into default. Whenever you require to make optional repayment arrangements, get in touch with your lender right away.</li>
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