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Federal Student Aid
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Official account of Federal Student Aid, an office of the U.S. Dept. of Education. We provide grants, loans, & work-study funds for college or career school.
StudentAid.govJoined September 2010
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If you qualify for Public Service Loan Forgiveness (PSLF), the remaining balance on your Direct Loans will be forgiven.​ Use the PSLF Help Tool to fill out and get instructions on submitting your PSLF form: studentaid.gov/pslf/
To qualify for Public Service Loan Forgiveness, you must be employed by a U.S. federal, state, local, or tribal government or nonprofit organization(federal service includes U.S. military service);work full-time for that agency or organization;have federal Direct loans(or consolidate other federal student loans into a Direct Loan);repay your loans under an income-driven repayment plan;and make 120 qualifying payments
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Congrats if you’ve received an acceptance letter for college or career school! 😍​ Now it’s time to decide how much student aid to accept. First things first: find out the cost of attendance at your school of choice.
How to Accurately Estimate How Much Student Aid You Should Accept. To determine how much loan money to accept, find out your cost of attendance (COA). The COA of a school program is the annual cost advertised by the school, before student aid is applied. How to Find Your Cost of Attendance. Make a list of your tuition and fees, housing and food, and other additional education-related expenses.
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Getting ready to attend college? To get a clear idea of the total cost, it’s important to consider both the expected and unexpected costs. The expected costs are broken down by the charts below 👇
Preparing for College Costs. A pie graph with personal expenses, food and housing, equipment, books and supplies, tuitions and fees, unexpected costs, and expected costs. The following percentages are estimates. Your personal cost of college may be different.
Tuition and Fees (Expected Cost). 68%. Tuition is the cost of taking a course. It varies by school and can vary by major. Fees support services at the school and vary widely from college to college. Common fees include: parking, library services, athletic facilities, campus transportation.
Food and Housing. (Expected Cost). 24%. The cost of food and housing can vary based on the campus housing and the meal plan that you choose. Some colleges also provide room and board estimates for living off campus.
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Federal Student Aid
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If you live in Delaware and haven’t submitted your FAFSA® form yet, do so before the state deadline! ​ Remember there are limited state funds that are distributed on a first-come, first-serve basis.​ Head to fafsa.gov to get started.
The Delaware state deadline for the 2023-24 FAFSA form is May 15, 2023!
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If your living expenses are not going to be as high as the amount your school estimated, you can turn down the loan or request a lower loan amount.
What do I do if I don't need all of my student loan money? You may cancel all of part of your loan within 120 days of receiving it and no interest or fees will be charged. In the aid offer, your school will tell you how to cancel all of part of your loan.
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Preparing to spread your wings and go to college or career school? Submit your 2023–24 FAFSA® form today! ​ States have limited funds, so submit your form as soon as you can to be eligible for student aid ➡️ fafsa.gov
Submit your 2023-24 FAFSA form today!
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