Florida A&M University School Code: 001480

FSA ID REPLACES FEDERAL STUDENT AID PIN

For students, parents, or borrowers who have to log in to a U.S. Department of Education website – like Free Application for Federal Student Aid (FAFSA) at fafsa.ed.gov, the National Student Loan Data System (NSLDS^®) at https://studentaid.gov/ , and log into your account.  They will be asked to create new log-in credentials known as the FSA ID.

The FSA ID – a username and password – benefits you in four ways:

• It removes your personally identifiable information (PII), like your Social Security number, from your log-in credentials
• It creates a more secure and efficient way to verify your information when you log in to access to your federal student aid information online
• It gives you the ability to easily update your personal information, like your phone number, e-mail address, or your name
• It allows you to easily retrieve your username and password by requesting a secure code be sent to your e-mail address or by answering challenge questions

Creating an FSA ID is simple and only takes a few minutes. You’ll have an opportunity to link your current Federal Student Aid PIN to your FSA ID, and even if you have forgotten your Federal Student Aid PIN or don’t have one, you can still create an FSA ID.

The final step in creating an FSA ID is to confirm your e-mail address. You will be sent a secure code to the e-mail address entered when you create your FSA ID. Once you retrieve the code from your e-mail account and enter it – confirming that your e-mail address is valid – you will be able to use this e-mail address instead of your username to login, making the log-in process EVEN simpler!

Remember, your federal student aid account information is valuable. Only the owner of the FSA ID should create and use the account, and you should never share your FSA ID.

For more information about the FSA ID, please visit StudentAid.gov/fsaid.

LOAN ORIGINATION FEES

Effective October 1, 2019, loan origination fee rates for the first disbursement of all loans made on or after October 1, 2019 and before October 1, 2020 are 1.059 percent for Direct Subsidized and Unsubsidized Loans and 4.236 percent for Direct Parent PLUS and Graduate PLUS Loans.


2020-2021 AWARDING PROCESS