I want to attend an eligible foreign school, how do I apply for a Federal student loan and how will the money be disbursed?
The application process is almost identical to the process used when the student attends a school in the U.S. First, the student must complete a Free Application for Federal Student Aid (FAFSA). The school and student receive a Student Aid Report (SAR), which summarizes the information the student provided in the FAFSA. The school uses the SAR to determine the student’s eligibility for grants and loans. There are three items the student must have to apply for a loan: Your lender must have all three of these items from the student and the school before a loan can be guaranteed and disbursed. After the loan is guaranteed, it will be disbursed on the date requested by the school. Great Lakes will send the check to the address listed on the MPN. The borrower is responsible for cashing the check and paying the school. If the student has a Power of Attorney (POA), the student’s POA can sign the disbursement check, or the MPN, on behalf of the student. • The MPN application for my Federal loa
