Federal Financial Aid Information

We hear it so often -- questions like "I need a student loan - what do I do?" or "How do I qualify for a Stafford federal student loan or a PLUS student parent loan?" or "Should I take out a private student loan?" Student Loans from the Student Loan Network are a great option.

4FedAid.com is a step in the right direction!  Our site includes information on and loan application request forms for federal and private student loans. Here's the basic set of steps to help you get started, linking to services in the Student Loan Network:

1. Find scholarships.

• Scholarships are unquestionably the best source of financing, since they are money you don't have to pay back.
• The Internet provides access to all kinds of information and services; some are worth paying for, some are free.
• Visit the Student Scholarship Search free scholarships web site to enlist the assistance of our scholarship experts.

2. Get federal student loans.

• Federal loans have low interest rates and are guaranteed by the government.
• Students should complete a FAFSA form first.
• Students should then apply for the Federal Student Loan.
• Parents and family members should apply for the Parent Loan for Undergraduate Students (PLUS Loan) - note that you do not have to be a parent, just a family member with good credit!

3. Get private student loans.

• Private student loans are the best option for students, parents, and families who do not qualify for federal financial aid or federal financial aid isn't enough to meet education expenses.
• Parents and family members are strongly encouraged to cosign private loans.
• Apply for the private alternative student loan online - you'll get an answer in minutes.
• Compare Private Student Loans
• If you're looking to study abroad, you'll need a Study Abroad Loan.

4. When you're done with school, consolidate!

• Once you've graduated (or are graduating in the next couple of months) the smartest thing to do is consolidate your student loans.
• Student loan consolidation reduces your monthly payment and lets you make one easy payment.
• Student loan consolidation also locks your rates in at the lowest rate in 39 years.
• Apply for a student loan consolidation now.

Who we are: 4FedAid.com, a privately managed resource site, is part of the Student Loan Network - your online guide to federal Stafford, PLUS and alternative student loans. We will walk you through loan process, from completing the FAFSA (Free Application for Federal Student Aid) to completing the application through receiving your check. Hopefully, all your questions will be answered here.

Click to access step one>>

Financial Aid 101

Please also visit:

FAFSA Form - Free Application for Federal Student Aid:
FAFSA

Stafford Loans - For information on the Federal Stafford Loan:
Federal Student Loans

Consolidation - For information on loan consolidation options:
Student Loan Consolidation

Federal PLUS Loans - For Parents of Undergraduate Students:
PLUS Loans

Private Student Loans - For information on alternative loans:
Private Student Loans

529 Savings Plans - For information on 529 plans:
529 College Savings