<p>what was the student loan process like for you and your kid? easy or not? how did you pick which loans to take? which lenders?</p>
<p>If you choose from among the college-recommended lenders, it’s a very smooth process – in part because the college will provide the forms you need to sign. The main differences between lenders is that some have reductions in origination fees and will offer reduced interest rates on certain terms, usually either if you sign on for automatic withdrawal of payments or after a certain amount of on-time payments.</p>
<p>Well not to steal the OP’s thread, but today i chose my lender from my schools preferred lenders list, what am i suppose to do next?</p>
<p>Er - simply follow the instructions that the school sent. If they wanted you to sign a form and mail it back – do that. If they told you to do something online - do that. Then wait. There’s really nothing else to it – any additional forms you need to sign will either be sent in the mail or will be there waiting for you when you arrive at campus in the fall. There is generally some sort of meeting held during the initial orientation period on campus for financial aid students – most colleges will offer several sessions but attendance is mandatory (at whatever session fits your schedule) – and that’s where they tell you whatever else you need to know. </p>
<p>(Tip: if you also have work-study, you can start looking for a campus job BEFORE you have attended the work-study meeting. If you wait until after the meeting, the best jobs will have been snapped up by others. )</p>