A few days ago
Why is my Sallie Mae Federal Stafford Loan taking so long to be approved?
I applied for the loan June 29. Today’s date is August 21st. It’s almost been two months, and the loan has yet to be approved. I’ve contacted Sallie Mae several times, and made sure all of the information they needed was given. They said everything was correct, it would just take time. But I have friends who have also gone through Sallie Mae, applied for the same loan later than I did, and have had it already approved. So far I’ve had to pay for books out of pocket, and I was only able to make a payment on my tuition, which I had planned to pay in full. Is there anything I can do to speed up the process?
Top 2 Answers
A few days ago
Favorite Answer
Make sure you sent the FAFSA to your school, and that you also contact the school.
Also, some schools will work with you to give you a waiver to pay for tuition and books only if you have proof that you will pay.
Your school may be dropping the ball, so call them. Maybe they have something you have to go though, like Verification?
1
A few days ago
check wit ur skool financial aid.
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