Before each year of college or career school, apply for federal student grants, work-study funds, and loans with the Free Application for Federal Student Aid (FAFSA®) form.

It is calculated using information that the student (and other contributors, if required) provides on the FAFSA® form. This will determine the available funds for college expenses based on your family’s …

Reality: There is no income cut-off to qualify for federal student aid. Many factors—such as the size of your family and your year in school—are taken into account.

The U.S. Department of Education (ED), Federal Student Aid published an electronic announcement clarifying the definition of default as it applies to student eligibility and cohort default rate calculations.

Federal student loan repayment plans chart Learn more about federal student loan repayment plans Standard repayment plan Eligible loans Direct Subsidized and Unsubsidized Loans

This publication provides information about the types of federal student aid that are available, how to apply for aid, important deadlines to remember, some tips for what to do and what not to do, and more!

Examples of Department of Education student loans: Direct Loan – Subsidized or Unsubsidized Direct Consolidation Loan Direct Parent PLUS Loan Direct Graduate PLUS

If you answer NO to ALL of these questions, then you may be considered a dependent student and may be required to provide your parents’ financial information when completing the FAFSA form.

Welcome to Aidvantage! Who are we? As your new official servicer for Department of Education loans, Aidvantage is here to help you better understand and manage repayment of your student loans.

Both federal and private student loans are borrowed funds that you must repay with interest, but federal student loans usually offer lower interest rates and have more flexible repayment terms and options …