Financial Aid Office
YOUR NEXT LOAN(S)
Federal loans are a part of Federal financial aid. Federal financial aid is applied for each year by filing the FAFSA. This can be done after Jan 1, for the upcoming academic year. At LSSU, we send annual announcements to our students to remind them to apply. Complete the FAFSA at www.fafsa.gov.
All students may be eligible for Federal aid. LSSU recommends that students borrow their maximum eligibility in Federal loans before applying for alternative loans (private education loans) because Federal loans generally have better terms, conditions and borrower benefits than alternative loans.
Alternative loans are applied for annually, directly through the lenders' web sites. Do not apply for an alternative loan until you know what type of Federal aid you may be eligible for. For a comparison chart listing lenders' features, and direct access to the lender web sites, click here.