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FAFSA Tips & Common Mistakes to Avoid
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Advice on filling out the FAFSA from the National Association of Student Financial Aid Administrators (NASFAA).
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Tutorials
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FAFSA: Who is my Parent?
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A guide to help you figure out who to list as your parent when filling out the Free Application for Federal Student Aid (FAFSA). Image via Studentaid.ed.gov
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Tutorials
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Financial Aid Process for New Students
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This video is an overview of Penn State's financial aid process and is shown to first-year students and their families during New Student Orientation.
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Tutorials
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How to Apply for the Parent PLUS Loan
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The Parent PLUS Loan is a federal student loan available to the parents of dependent undergraduate students. The Parent PLUS Loan offers a fixed 7.08% interest rate for the 2019-2020 school year and flexible loan limits. To be eligible, a parent can't have an adverse credit history.
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Tutorials
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How to Complete a Loan Agreement (MPN)
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You are required to sign a Master Promissory Note (MPN) before you can receive Direct Loan funds.
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Tutorials
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How to Complete Loan Counseling
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Loan counseling is a required online tool to help you understand your rights and responsibilities as a Direct Loan borrower. You must complete this requirement before you can receive your Direct Loan.
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Tutorials
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How to Create a Student Budget for the Parent PLUS and Private Alternative Loans
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Need to borrow a loan to cover your remaining costs? Check out our resources on how to create a budget.
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Tutorials
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How to Create or Retrieve your FSA ID information
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The FSA ID is a username and password that gives you the unique benefit of logging into your Federal Student Aid accounts — while removing all personally identifiable information. The FSA ID is your new official Federal Student Aid ID, which you will use to log in to use FSA websites like FAFSA, StudentLoans.gov, and more.
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Tutorials
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How to Grant Parent Access in LionPATH
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You can give others access to your LionPATH account information including financial aid information.
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Tutorials
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How to Transfer Your IRS Tax Information Directly into Your FAFSA
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You may have received an email from Federal Student Aid recommending that you use the IRS Data Retrieval Tool to transfer tax information directly from the IRS into your FAFSA. If for any reason the Data Retrieval Tool is unavailable, you can manually enter your tax information into your FAFSA.
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Tutorials
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