4 Stages of Federal Student Loan Aid

The four stages in the federal student aid process are

  1. Prepare/Aware - what you need to know about federal student aid.
  2. Apply - how to apply and what happens when you apply for federal student aid.
  3. Receive - when and how do you receive your aid.
  4. Repay - whom do you repay the loan to and what to do if you’re having difficulty repaying your loan.

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