<p>I do not qualify for financial aid. However, I would like to take advantage of the low interest federal loans. Do I need to fill out FAFSA and CSS profile to obtain these loans?</p>
<p>Only Fafsa. CSS is used by the schools for their grant awards while Fafsa is federal</p>
<p>
See [Applying</a> for Federal Direct Loans](<a href=“http://www.direct.ed.gov/applying.html]Applying”>http://www.direct.ed.gov/applying.html)</p>
<p>If I want no other aid except for the low interest federal loans, there is no rush for me to file my FAFSA. Correct? I am under the impression that everyone qualifies for these loans regardless of income.</p>
<p>
It’s correct for Federal Direct Loans. However, you may want to file FAFSA early for Perkins Loans which is another low interest federal loan. See [Perkins</a> Loans | Federal Student Aid](<a href=“http://studentaid.ed.gov/types/loans/perkins]Perkins”>http://studentaid.ed.gov/types/loans/perkins)</p>