what do i do now that i got my financial aid letter??!?

kidwonder

New member
i dont know what to do after receiving it now..school is starting soon and i need to pay my tuition VERY soon as well. here is my aid if it helps:

Award: $9,000
Inst. Grant: $6,005
Sub. Loan: $3,500
Unsu. Loan: $2,000
Parent+Loan: $17,776
-----------------------------------------
$38,281 TOTAL

im somewhat familiar with how the loans and grants work...but i dont know where to go from here. i know i need to accept the financial aid award from the school and then choose a banker/lender for each loan right? THEN once thats done im lost..do i need to APPLY to prove candidacy for the lender i choose? is that a loong process? HOW long? and can my above loan amounts change if they decide that we "dont qualify" [for some reason?]
*****THESE ARE ANNUAL FIGURES-BY THE WAY*****
 
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