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12.30.08 | Wanted: Second Semester Funds

Posted in FAFSA by David Bonvie

girl2Many of you will be receiving your second Stafford loan disbursement, which will be applied toward your upcoming spring semester within the next few weeks. The sad thing is for many it won’t be enough to cover all your expenses.

If you are seeking alternative means to finance your second semester (click here).

Also, this is a good time to remind you to file your 2009/2010 FAFSA immediately after the new year hits! If you haven’t gotten it already, the new FAFSA eBook for the 2009-2010 FAFSA is out and available. It’s a comprehensive line by line guide to the new FAFSA that becomes available in just TWO DAYS, so make sure you grab a copy of the eBook.


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5 Comments »

  1. Polly Richmond says

    Are there any federal loan programs that will allow students to apply federal loans retroactively? Is there a cut off point/date to where a federal loan cannot be given for education already received? Also, can a private loan or deferred loan agreement be rolled into a federal student loan? Thank you very much.

    January 16th, 2009 | #

  2. Taylor Cole says

    How do I change my address so that my refund check will be sent to my new address instead of the one that I think it is going to be sent too?

    January 19th, 2009 | #

  3. dbonvie says

    You just need to contact your lender.

    January 23rd, 2009 | #

  4. dbonvie says

    No, you can not apply federal loans retroactively. The Stafford loan must be for the current semester as the school certifies enrollment and accepts the funds on the students behalf.

    You can not combine federal and private loans together either. Different consumer banking regulations govern each loan type so they must remains separate.

    January 23rd, 2009 | #

  5. Polly Richmond says

    If my school is applying for title IV funds but has not yeet recieved approval can our fall 2008 and spring 2009 tuition be rolled into a title IV loan after approval? Obviously, the school will need to permit this to occur but is it even possible to do? Will any title IV lender allow a school to get federal loans for education already received?

    January 23rd, 2009 | #

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