How do you take student loans out?

There are two sources for student loans -- the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most<!--instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.

http://best-loans.awardspace.com/student-loans.htm

Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan-->you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.

First things First! Fill out a FAFSA. There are applications in the Financial Aid office. You will need to gather some info such as your Income Tax return if you are over 24, otherwise you will need your parents'. Once you submit it online, they will generate for you something called an EFC which is your (estimated family contribution) i.e. how much YOU and YOUR FAMILY are EXPECTED to contribute to your education every year. Once you receive your efc, the financial aid office will put together an award list letting you know how much in grants, scholarships, or subsidized/unsubsidized loans you qualify for. They will send you an award letter, and then will disburse your money to you either by check, or through a school issued debit card. Caveat. If you have enough in grants/scholarships to cover your tuition and books, DON'T TAKE THE LOAN OUT! There is no reason to put yourself in more debt now. But if it doesn't cover everything, borrow enough to cover it. The Stafford Loans are government issued loans and if I remember correctly, have a fixed interest rate of around 6%. Somewhere around there, don't quote. You definitely want the subsidized version of the stafford because your interest will be paid by the government while you are still in school. If you have excellent credit, you might be able to find a student loan through a bank with a lower interest rate. But, if not, this is the way to go because it is not based on your credit.

You are not too late. You should apply now though, as funds are sometimes "limited." Money begins getting disbursed two weeks after the first day of school, so naturally you want to handle it now. (plus you don't want to wait in that line the first week, TRUST ME!) It's definitely a process though, so be patient. Hope this helps, and good luck.

call up astrive loans you can apply over the phone

apply for federal student loans and grants at http://fafsa.ed.gov/

get a loan through a bank.