<p>How do you go about obtaining the Stafford loan(s)?</p>
<p>Do you apply separately for the unsubsidized vs. the subsidized ones?</p>
<p>I read the post re: different lenders....origination fees, prepayment penalties, etc. Is there anythign else we should be aware of?</p>
<p>Is it too early to get the process started so the $$ will be in place for Sept?</p>
<p>You should be able to get all the info you need from the school’s website. In addition, most schools will include the info with the student’s award letter and/or on the student’s school financial aid section online. You should ask your son or daughter to look for this. If you are still unsure, call the school’s financial aid office & ask them.</p>
<p>The FAFSA is the application for the Stafford loans. You do not apply for the sub and unsub seperately. The decision which one you get (or combination) is determined by the feds based upon your FAFSA.</p>
<p>You still have to accept the loans, choose a lender (if the school is NOT a Direct Lender), do entrance counseling, and sign a Master Promissory Note. If these steps are not completed, the loan will never pay to the student’s account.</p>
<p>do entrance counseling, and sign a Master Promissory Note. If these steps are not completed, the loan will never pay to the student’s account.>>>>></p>
<p>Where do you go to sign the Master Promissory Note?</p>
<p>If it’s through a lender, they will tell you how to do it. I think most have it online.</p>
<p>If it’s Direct Lending (you don’t pick a lender), you do it online at <a href=“http://www.dlenote.ed.gov%5B/url%5D”>www.dlenote.ed.gov</a>.</p>