user: What is the difference between a federal student loan and a private loan?[NEWLINE]agent: Are you currently seeking a loan to help you with college expenses?[NEWLINE]user: Yes, I am about to apply soon and need to get more information beforehand[NEWLINE]agent: You should consider federal loans in the first instance[NEWLINE][BOUNDARY][NEWLINE]user: What is the process involved for me to get a federal student loan?[NEWLINE]agent: Have you considered this federal loan for long or do you know all of the features that are involved?[NEWLINE]user: Yes, I am strongly considering taking out a federal student loan[NEWLINE]agent: The process begins with you completing a Free Application for Federal Student Aid FAFSA form. There is more information held on our website to help you through this[NEWLINE][BOUNDARY][NEWLINE]user: Okay, that's it. I'd like to hear about federal student loans as well. The number is determined by your current status.[NEWLINE]agent: Of course if you are, an undergraduate, a graduate or professional student, or a parent[NEWLINE]user: Importantly, you can borrow less than what you offer and you can borrow more loan funds later if needed.