College Bound? Then You Qualify to Apply for Financial Aid
That headline might surprise you if you assumed you weren't eligible for financial assistance to pay for college. Although starting to save early for college is still the best strategy, most of us find ourselves short of funds to fully cover college costs when the first tuition bill comes due.
Federal student loans are the largest single source of financial aid, and everyone is eligible to apply -- with or without demonstrated financial need. These loans have features that make them a smart way to borrow for college.
For federal aid, the goverment has a standard application (called the Free Application for Federal Student Aid or FAFSA). About a month after a student sends a completed application, the government writes back, telling how much he or she qualifies for.
Your college will use this information to make a complete financial award package. That's the time to see Omaha Douglas Federal Credit Union for your student loan needs.
To find out more about student loans, check out our student loan processor's website at : www.glhec.org. You can also contact them at these phone numbers:
Application questions: 800-366-0032
Consolidation questions: 800-236-6600
Repayment questions: 800-236-4300
