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The first step in applying for student financial aid, be it a grant, loan, or scholarship is to complete the Free Application for Federal Student Aid (FAFSA). These applications are available at any high school guidance office or any college financial aid office and should be completed as soon after the first of the year as possible. (You'll need your W-2 forms for the year from your employer.) They also can be downloaded from the Department of Education's website.

Click here for an illustration of the student loan process.

Click here for information on the student loan credit card processor.

Applications for Stafford Student Loans and Federal PLUS Loans for Parents are available at the credit union. To identify yourself as a member of Fort Snelling Federal Credit Union, please use the I.D. number 833379 on your loan application.

Parents can borrow under the Federal PLUS loan program to pay for college for dependent students, regardless of whether the student qualifies for other financial aid.

If you've graduated from college and would like to consolidate your student loans, FSFCU can help you with that, too. Regardless of where you originally got your loan, you may be able to save by consolidating your loans with a fixed rate consolidation loan at Fort Snelling Federal Credit Union.
The Federal Consolidation Loan Information Guide also can provide more details to help you determine whether a consolidation loan is right for you. Or call the credit union at 612-726-9252.

For more information, contact us or call 612-726-9292. Or call 1-800-950-0152. >

FEDERAL CONSOLIDATION LOANS: Your credit union also offers Federal Consolidation Loans through Great Lakes Higher Education Guaranty Corporation. To request a borrower's consolidation loan packet, please call 1-800-236-6600.



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