 Quote:
Originally Posted by wrigley
My understanding is that FAFSA has to be filled out for each student getting ready to attend college regardless of the method of student loan/financing option. I am in the process of sending my last child through college and our experience with Stafford loans have been nothing but pleasant!
Mike
|
FAFSA is only required for gov't sponsered loans and grants. Private loans do not require FAFSA. My opinion is that the schools want every student to do FAFSA so they have economic profile of thier student body, so they are very insistent that every fills out a FAFSA. There is also many schools that use alternate criteria to establish "need", but I believe those schools use resources other than US gov't.
__________________
"there is reasonable money to be made in lending people money to buy houses. I refuse to believe that there is, really and sustainably, enough money in it for the originators and the servicers and the insurers and the bond underwriters and a hundred different tranche buyers and swap dealers and my pet kitty to take a piece of the interest." -Doris Dungey (Tanta) of Calculated Risk
|