Can someone explain the student loan process?

<p>When i was in college, you went the local bank and got a paper check made out to you and the school. I'm hearing its a lot different now! :) So far my dd has done everything on her myslice todo list, except the financial counseling and promisory note... which she will do soon. What happens next? Do we wait for a bill from SU and then she processes the loan online? Not that I'm in any hurry to receive it, but when does a bill usually arrive?</p>

<p>The FA office at SU should be helping you with subsidized and unsubsidized loans and making you aware of other federal aid. They should also be asking you if you want Parent Plus loans. Sallie Mae is a good source but for balances above and beyond the sub and unsub loans. They probably won’t do anything until the entire aid package is determined.</p>

<p>However, I don’t know SU procedures so if in doubt, call FA.</p>