Federal Loans?

I believe you are confused...between federal loans and private loans...after financial aid is applied to you school balance you receive federal loans up to so much a year...i think its 6625 now a year for freshman...you may have a balance still after that and required to take out private loans... private loans are based off of credit...if you have good credit you can get a private loan or a credit worthy cosigner...however...private loans are not a good option...high interest rates...and not a lot of options versus federal loans...