
ALT Making Corrections to Your FAFSA Form Corrections You Can Make Online Adding missing signature Adding missing consent and approval Correcting response to "Direct Unsubsidized Loan Only" question* Correcting your Social Security number** Updating personal contact information, including mailing or email address** Adding or removing a school Fixing typos *Students should answer "No" to be considered for all financial aid types. **Can be changed under StudentAid.gov account settings

ALT For the 2024–25 FAFSA form, the status of your application will be one of the following: Draft: Your section of the FAFSA form is incomplete. In Progress: You provided your consent, approval, and signature to your section of the FAFSA form, but it has not been submitted yet. In Review: Your FAFSA form was submitted but hasn't been processed yet. Action Required: You are missing your consent and approval or signature, or the FAFSA form was processed, but a correction is required. Processed: Your application was processed successfully. No further action is needed. Closed: Your FAFSA form was never submitted and can no longer be submitted because the federal FAFSA deadline passed.

ALT College Prep for Parents of High School Juniors Explore the different types of federal student aid that may be available to your child, including grants, scholarships, and student loans. Talk to your child about the schools they're considering. Ask why they're interested in those schools and help them clarify their goals and priorities. Make sure your child is looking into or already has applied for scholarships. Ask your employer whether scholarships are available for employees' children. Create your own account username and password (FSA ID). You will need this in order to sign your child's FAFSA form.

ALT Webinar Available Topics covered in our "How To Prepare for the 2024–25 FAFSA Form Webinar" include the following: Learn Basics of Applying for Federal Student Aid Federal Student Aid Eligibility Introduction to Better FAFSA, Better Future Identifying your FAFSA contributors New to FAFSA Form: Consent and Approval Who is a Contributor Dependency Status and Contributors Introducing Provisional Independent Status Students with Special Circumstances Prepare Your Contributors Understanding how to fill out the FAFSA form What to Expect After Submitting the FAFSA Form

ALT I am currently enrolled in graduate school. Are student loan payments due for me? No. You will be eligible for an in-school deferment if you're pursuing a graduate or professional degree. This means student loan payments will not be due if you're enrolled at least half-time at an eligible college or career school. However, it's important to remember that interest will still accrue during that deferment period.

ALT Common Terms for Student Loan Temporary Relief Deferment: A deferment is a temporary postponement of payment on a loan that is allowed under certain conditions and during which interest doesn’t accrue on subsidized loans. Forbearance: A forbearance allows you to temporarily stop making your monthly student loan payments or temporarily make smaller payments. Contact your loan servicer to request a forbearance.

ALT How to Avoid Student Loan Forgiveness Scams 1. Our emails come from [email protected], [email protected], or [email protected]. 2. Be cautious about any calls you receive about your student loans. 3. Official texts from Federal Student Aid are sent from 227722 and 51592. 4. Double-check URLs and email addresses to make sure they match exactly.

ALT Checklist For Preparing for Student Loan Repayment. Expect communications from your loan servicer. Your monthly bill in September will contain your payment amount. You may have received a disclosure from your servicer as early as August, letting you know your monthly payment. Review your bill. You’ll get your bill, with your payment amount and due date, at least 21 days before your due date.Access your payment information. Visit your account on your servicer's website to see your payment amount once your bill has been sent.

ALT Fixed Interest Rates for Federal Student Loans For loans first disbursed on or after July 1, 2023, and before July 1, 2024. Direct Subsidized Loans and Direct Unsubsidized Loans for Undergraduates: 5.50% Direct Unsubsidized Loans for Graduate or Professional Borrowers: 7.05% Direct PLUS Loans: 8.05%

ALT Subsidized and Unsubsidized Loan Limits for Independent Undergraduate Students*. Table shows break down per year for Combined subsidized and unsubsidized loan limit and how much can be subsidized loans. *Includes dependent undergraduate students whose parents are unable to obtain PLUS loans.

ALT Subsidized and Unsubsidized Loan Limits for Graduate and Professional Students*. Table shows break down annually for Combined subsidized and unsubsidized loan limit and how much can be subsidized loans. *Includes subsidized and unsubsidized loans received for undergraduate study. **Graduate and professional students were eligible to receive subsidized loans before July 1, 2012. Limit includes subsidized loans received for graduate or professional study before July 1, 2012, or prior undergraduate study. Note: Graduate and professional students enrolled in certain health profession programs may receive additional Direct Unsubsidized Loan amounts each academic year beyond those shown above. For these students, there is also a higher aggregate limit on Direct Ubsubsidized Loans.












