Question : Do you need to fill out the Fafsa to take out a private loan?
I took out a sallie mae private loan that was approved already and I was even given a disbursement date. The problem is when I called the college they said I should pay my tuition in cash, because they need me to fill out the Fafsa first? I thought private loans didn't require a filing of the Fafsa? Does that make any sense to anyone? HELP. I don't qualify for government aid because I didn't take 24 cumulative credits last year. Thanks.
- asked by ChiquisLinda
All Answers:
Answer #1
No. but I would try and avoid taking privatestudent loans try going here
http://www/thestudentloanconsolidationguide.com
- answered by jenn11989
Answer #2
It sounds like the person at the school isconfused. Probably heard you say sallie mae andsaw you hadn't done a fafsa.It's not needed forprivate student loans. The money will be sentdirectly to you and you just pay the bursar cash.
- answered by knight01
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