Continuing Students: About Renewing Aid
Current students need to re-apply for aid each year
Each year, complete the FAFSA between October 1 and March 1
• You must maintain Satisfactory Academic Progress to continue receiving financial aid and stay eligible (see requirements above.)
• Steps to take after filing your FAFSA
• Be sure to accept your award and see other information below about renewing loans.
To renew a federal student loan
Be sure to accept your loan: Students who have applied for financial aid after their first academic year and have been issued an award letter must contact their financial aid counselor to notify them of the value of the loan they would like to accept (all or partial). Students do not need to resubmit any additional forms such as Master Promissory Notes or Entrance Interviews.
To renew an Alternative Loan
Students who are receiving an Alternative loan must reapply for their loan every year. Just like the PLUS loan, alternative loans are credit approved loans, so they are not guaranteed each year. Students receiving an alternative loan must complete an application with their preferred vendor.
To renew a Parent PLUS loan
PLUS Loans must be renewed every year. Parents/students must apply for the PLUS loan and be approved to receive funds. Approval for prior years does not guarantee PLUS loan funding will be approved each year. Loan recipients can complete the PLUS loan application at StudentLoans.gov.