When trying to figure out the best way to pay for your education, your options might seem overwhelming.
Grants? Scholarships? Loans? Work-study programs?
No wonder many students get confused with all the paperwork.
So that’s why our Student Finance Officers are here to guide you through the process. We’ll provide you with all the financial aid information you need to make an educated decision.
At Everest, our financial aid application process is very simple. Just follow these three easy steps:
Speak with a Student Finance Officer
Call and speak with one of our knowledgeable Student Finance Officers. We'll gather some personal and financial information from you either by phone or email. Then we'll send a package of information and financial aid forms to you.
Complete our financial aid questionnaire
This questionnaire will help estimate how much financial aid you qualify for. We'll then suggest the best payment options for you and answer any questions you have.
Complete your FAFSA
The Free Application for Federal Student Aid is a single application that allows you to apply for a variety of government grants and loans. As part of this process, you'll apply for a PIN, or Personal Identification Number, and electronic signature. These will keep your personal information safe and secure when you apply for financial aid online.
As you can imagine, there are many federal financial aid programs available to those who qualify.
Here are some popular financial assistance programs that many students decide to use:
Federal Subsidized Stafford Loans
Federal Subsidized Stafford Loans are awarded on the basis of financial need. A student will not be charged any interest before beginning repayment or during an authorized postponement. The federal government "subsidizes" the interest during this period. This is a low-interest loan that is granted to the student by a lender such as a bank, credit union, or savings and loan association.
Sallie Mae Alternative Loan Program (SLM)
The Sallie Mae Alternative Loan program is a low-cost, private loan alternative available to students who need funding beyond the limits of the federal loan program. It allows you to borrow all the money you need after you have reached your annual Federal Stafford Loan limit.
Student Tuition Assistance Resource Loan (STAR Loan)
Students who do not qualify for the Sallie Mae Alternative Loan Program may be eligible to borrow up to fifty percent of their tuition costs through the STAR Loan program. It is not available for financing the full cost of tuition. Students must have a primary source of tuition funding to be eligible for this plan.
As always, if you have any questions, please contact us or call us toll-free at 888-391-8881.
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