- About 90 percent of loans are now reviewed by
a school financial aid office to make sure that loan amounts match financial need, the CFPB says.
When
your school financial aid office sends you an aid offer, they'll ask you to indicate which financial aid you want.
According to prior guidance, borrowers are then instructed to take the notices to
their school financial aid offices to find out if the restored eligibility allows for any additional Pell Grant funds.
This typically happens with identity theft issues, but it can also occur if
the school financial aid office made a mistake.
The best place to check and see which graduate loans fit you best will be
the school financial aid office.
I also remember sitting in
the schools financial aid office before applying and they assured me private school would cost the same as a university but have more benefits.
They then check with
your school financial aid office to make sure that you're getting the amount of money that you need and then the funds are sent directly to your school.