who knows anything about FAFSA the financial aid program ?

L

Liz

New member
whats a sub and a unsub loan and work study program what the best for a person with out lots of money when do you have to start to pay it back
yeah well i have filled out my fafsa but the thing is my father lost his job this year but it wont show up on the app this year so they made way more in 2008 that they will this year and i have to pay for my self mostly this year blahhhhhhhh what to do?
 
The work study programs are where you work at the school at a "premium" pay rate to help pay your expenses.

A subsidized loan is one that the government pays the interest on it while you are in school. An unsubsidized loan accumulates interest and you either pay on it while you are in school or it is added to your total when you begin repayment.

Repayment begins 6 months after you drop below 1/2 time as a student (or complete your studies). Borrow as little as possible because they add up fast and you don't want to graduate and not be able to make your payments. Here's the link to repayment info...there's a link to a payment caluclator on that page.

http://studentaid.ed.gov/PORTALSWebApp/students/english/OtherFormsOfRepay.jsp

http://studentaid.ed.gov/PORTALSWebApp/students/english/index.jsp
 
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