Being careful with this

Paying for College
1

<p>I have a suitable lender (compared origination fees, interest rates [I think those can change?], and other things) picked out for my Stafford loans. I was offered an unsubsidized loan and a subsidized loan. Unfortunately, I need both. :/</p>

<p>I have to file the application first, correct? And if it's accepted, then I can tell my school that I am accepting both of the loans and tell them which lender I'm with? This should probably be straight-forward stuff, but I'm just trying to be careful about all of this.</p>

2

<p>Interest rates for Stafford loans are set by the Govt. 6.8% for unsub, 4.5% for sub )for loans for 2010-2011 school year).</p>

<p>Are these loans for the 2010-2011 school year? If the new regulations are finalized all federal student loans will be direct loans. So applying through a private lender for a Stafford will not be necessary or even possible.</p>

3

<p>Yes, it’s for the 2010-2011 school year. So I can go ahead and accept the loans through my financial aid page?</p>