How to Apply for a State Guaranteed Student Loan

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By eHow Contributing Writer

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There are many state-offered programs guaranteed by the federal government, and you can search for them online. Here is how you go about applying for a state guaranteed student loan.

Difficulty: Moderately Challenging

Instructions

Step 1

Visit the US Department of Education, Education Resource Organization Directory (EROD). The directory lists states that offer Federal Family Education Loan Programs (FFELP).
Step 2

Locate and click on the link to your state's website. Some links service more than one state.
Step 3

Navigate to the section of your state's web site that pertains to student loans.
Step 4

Click on the link for completing loan applications. You may either download the application or complete it online.
Step 5

Complete the application. Have related income statements, bank statements and other paperwork that is required by the loan.
Step 6

Follow up on the status of your loan.

Tips & Warnings

To complete and submit your application you will need a PIN that is generated by the U.S. Department of Education Federal Student Aid PIN web site (www.pin.ed.gov/).
Many state sites offer links to FASA application (Free Application for Federal Student Aid). Federal Student Aid is an office of the U.S. Department of Education that helps individuals find federally guaranteed or federally funded education loans. If you are looking for assistance in funding a college education, familiarize yourself with the FASA website. More than just funding, it offers questions and answers to many questions regarding how to and when to complete student loan applications.
Be sure to have all of your documentation and necessary information beforehand if you are going to complete an online loan application.
The steps above are instructions on how to apply for loans. The lender determines whether or not you fit the eligibility requirements.

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