If you plan to use federal student loans in payment of your educational expenses, you must complete the following steps:
1. Get Your FAFSA PIN
If you have never completed a Free Application for Federal Student Aid (FAFSA), we recommend that you request a Personal Identification Number (PIN).
The PIN serves as an electronic signature on the FAFSA/Renewal FAFSA, as well as allowing access to other federal student loan data systems. It should be kept in a safe place for use in future years.
2. Complete the FAFSA – School Code: G20961
You must complete the Free Application for Federal Student Aid (FAFSA) form
every academic year to assess your eligibility for federal student loans. Completion of the FAFSA does not automatically award federal student loans; you must complete all checklist steps and have eligibility confirmed before receiving federal loan funds.
If you are a Fall 2014, Spring 2015, or Summer 2015 term applicant or renewing student, use the 2014/2015 FAFSA (with your submitted 2013 tax documents).
If you are a Fall 2015, Spring 2016, or Summer 2016 term applicant or renewing student, use the 2015/2016 FAFSA (with your submitted 2014 tax documents) when it becomes available in January 2015.
3. Complete Federal Graduate Student Loan Entrance Counseling
Entrance counseling is required once for new loan applicants at Fielding Graduate University
. Be sure to select the graduate student entrance counseling. Automatic notification of your successful completion will be sent to Fielding directly.
4. Complete a Master Promissory Note
The Department of Education requires that you have a valid Master Promissory Note (MPN) for your Direct Loans. The MPN usually has a 10 year expiration date, so if you have borrowed direct loans recently, you may already have a valid MPN. You can view your signed MPN information at www.studentloans.gov
5. Request & Accept Your Federal Direct Loan
Download the Federal Direct Student Loan Request and Acceptance of Awards form matching the FAFSA you submitted:
2015/2016 FAFSA (2014 tax year) - available in January 2015
You must indicate the dollar amount you wish to borrow for the upcoming year based on your personal situation and the tuition and other estimated expenses
that make up the cost of attendance budget. Your request cannot exceed the maximum loan limits
. You will have the option to adjust the loan amount you request during your loan period year if needed.
Complete the required fields, then print, sign, and fa
x to 805.690.4339, or e-mail a signed, scanned copy to email@example.com
6. Check your E-mail – Additional Information may be Required
Check your e-mail regularly for messages from the Financial Aid Office. You may be selected for Verification, or your FAFSA may indicate the need for additional documentation. You will receive an e-mail indicating any additional forms or information that may be needed. Please respond promptly in order to expedite your loan processing.
Receipt of all information must be received by the Financial Aid Office according to your program admission calendar or your renewal deadline to ensure timely processing. Late receipt or incomplete materials cannot guarantee processing will be complete prior to your tuition due date.