First, you should accept the financial aid funds you don't have to pay back.
Has your school financial aid office sent you an aid offer?
Yes, they did. That's why I'm wondering about this.
Then they'll ask you to indicate which financial aid you want. Look carefully at your options and make an informed decision.
Another thing I must choose very well the financial aid option that best suits me and about debt relief companies, I suppose they are reliable companies, where can I consult?
Certainly, you can refer to this list of trusted companies that work with ED to provide student loan services.
Also, what should I bear in mind when determining whether or not to accept financial aid when selecting the best financial aid?
You should always accept free money first e.g., scholarships, grants.
Thank you, I thought it was the proper thing to do. I read of a Loan Agreement, do I need to do that as well?
Yes, is one of the next steps after your submission. Before that, you must complete a Master Promissory Note or MPN.
OK thanks. I'd also want to find out the Best Financial Aid to Accept. What else do you have to say about this subject?
Keep the following in mind when you get an aid offer and are deciding which aid is the best to accept.
I see. And what if I have to accept loans?
In that case you should accept the ones with the most favorable terms and conditions. Usually, that means choosing the federal student loans offered to you.
Alright, that is some sound advice. And what do I agree to by signing the promissory note?