can someone help me with making a student loan? please help?

The question

i recently lost my FAFSA due to grades.
they told me to make a loan on studentloans.gov

-must fill out a 2011-2012 FAFSA attention
-visit www.studentloans.gov for more info and to apply..
-complete online entrance loan counseling session.
-complete an electronic MPN.(eMPN) for your first Direct loan.

i need help with this please please someone help????

Best answers:

well, the empn is the note you sign that binds you to any loans you borrow. you can sign it online with your fafsa pin. entrance counseling is an online tutorial that clarifies the ins and outs of student loans. it should take about 30 min or so to complete.

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HELP PLS! student loan troubles!?

The question

Okay, so I’m plotting on attending college in the spring of 2012. I am not a student there yet as I want to have all the financial stuff out of the way beforehand. But, I have all the forms I need to register and enroll. I just wanna be prepared money-wise. I wanna go into college without worrying about how I’m gonna pay for it.
Thing is, I completed the FAFSA and I already went to the school to see how much I qualify for. Unfortunately, it’s only $ 588. The lady in the Financial Aid Office gave me a piece of paper and instructed me to go onto www.studentloans.gov
/ So I did. I already completed the Entrance Counseling as well as filled out the Master Promissory Note. My question is.. What comes next? Where do I go from here? It didn’t even question on the website how much I need or anything. Is that up to the school? Sorry, just a small confused..

I also plot on going full time, 12 credits.. And I applied for a Subsidized Student Loan, if that matters?

Best answers:

What normally happens next is that you’ll get a letter from the school, laying out all the aid you’ve qualified for, including the amount in subsidized and unsubsidized loans. You’ll have to fill out a form to accept the aid, then other forms to accept the loans. Then you’re ready, financially.

You’ve pretty much done all of your steps, make sure you turn the loan request form in to your school though. Some schools have a priority deadline so make sure you get the form turned in in time. The school will review your loan request to determine the amount you are eligible for and then will say you of your award amount. The amount you are eligible for does change depending on previous loans taken our for college as well as current grade year in school, etc. The school will usually say you through regular mail since you are not currently attending classes there. A Subsidized Loan is one that is need based, so depending on the ‘need’ of the loan could determine how much you will be awarded in loan money.

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