Just received the first FA package, and was surprised that in addition to the $5500 federal sub/unsub loans, there was a loan amount listed from the college itself. I’m wondering if this is common practice?
Some colleges do have their own loan programs, but not many do. It’s probably not common in the world because not many schools offer them, but it may be common at that school. Read the terms very carefully. You will not be able to combine or consolidate that loan with federal loans.