Student Aid: Changing University Authorization Post-Graduation

Post University offers a range of financial aid options for students, including federal, state, and institutional aid. To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA) and include Post University's federal school code (001401). Students can also seek assistance from Post University's Financial Literacy and Repayment Advising services, which help students with the repayment of their federal student loans. Additionally, Post University's Office of Student Finance determines financial aid award information for eligible students who have successfully completed and submitted a FAFSA. Students can also contact their assigned financial aid advisor for guidance on financial matters, including payment arrangements and special circumstances affecting their financial situation.

Contacting your financial aid advisor

To change your post-university student aid authorization, you will need to contact your Financial Aid Advisor. They will be able to guide you through the process and advise on your specific options.

The first step is to reach out to your Financial Aid Advisor via the Student Portal. Here, you can view your award information and accept or decline any portion of your aid offer. You can also schedule an appointment with your advisor to discuss your financial aid in more detail.

If you are a current student at Post University, you can access the Student Portal by logging in with your username and password at the top of the Post.edu homepage. Here, you can also check your account information and make online payments.

If you are a parent or guardian, you will need to create an FSA ID to access the Student Portal and complete the FAFSA application. This can be done by visiting the studentaid.gov website. Your FSA ID confirms your identity when accessing financial aid information electronically.

In addition to the online options, you can also contact the Post University Office of Student Finance directly by phone, email, or fax. Their contact information is as follows:

• Telephone: 203.828.1848
• Fax: 203.841.1131
• Email: [[email protected]]([email protected])

Alternatively, if you are a student at the University of Iowa, you can reach out to their Office of Student Financial Aid by phone, email, or in person. Drop-in hours are available to accommodate students with busy schedules. Their contact information is as follows:

• Phone: 319-335-1450
• Email: Not specified, but their physical address is 2400 UCC Iowa City, IA 52242

It is always recommended to consult with your Financial Aid Advisor before making any changes to your enrollment or financial aid applications, as this may impact your current and future funding. They are there to help you navigate the often complex world of student finance, so don't hesitate to reach out with any questions or concerns.

Updating your FAFSA

To update your FAFSA, log in to your StudentAid.gov account and go to your main dashboard. Scroll down to the "My Activity" section and select the processed FAFSA form you want to edit. A summary of your form will appear. In the top right corner, select "Actions", then choose either "Make Corrections" or "Add or Remove Schools", depending on the type of update you wish to make. If you are adding or removing schools, search for the school by name, city, state, or federal school code, and select the option you want from the search results.

If you are a dependent student, and the correction you are making involves your parents, a parent must sign the FAFSA again. You can also contact the college you plan to attend and ask them to make the corrections on your behalf. It is important to note that if you have already listed 20 schools on your application, each new addition must replace an existing school. Schools that are removed will not receive any further updates to your FAFSA.

If your financial circumstances change, you do not need to update or correct your FAFSA. Instead, you should contact your college's financial aid office to explain your situation and ask about the next steps. They can work with you to update your financial aid package.

Submitting required documents

To submit the required documents for federal student aid at Post University, students must complete the Free Application for Federal Student Aid (FAFSA). This can be done online at www.fafsa.gov. Students and parents, if applicable, must create an FSA ID to complete and electronically sign the FAFSA. The FSA ID confirms the identity when financial aid information is accessed electronically. This can be created by visiting https://studentaid.gov/help/fsa-id.

The FAFSA must be completed annually and is used to determine a student's eligibility for federal, state, and institutional aid. Post University's federal school code, 001401, must be included on the FAFSA for the university to receive the student's information. Students and parents will need untaxed income information to complete the FAFSA, including prior year W-2 forms, 1099-SSA, etc.

Once the FAFSA is submitted, students can expect to receive a FAFSA Submission Summary within three to five business days. If a student's FAFSA is selected for verification, they will be required to submit additional documentation. Students can visit Net Partner to determine if there are any outstanding requirements and can submit any required documents through the Document Center on the Post University student portal.

It is important to note that if a student's primary/legal name has changed, they must update their FAFSA to avoid delays or issues with their financial aid. This includes updating their name with the Social Security Administration (SSA) and their FSA ID before updating their FAFSA.

Accepting/declining aid offers

To accept or decline your financial aid offer at Post University, you must first complete the Free Application for Federal Student Aid (FAFSA). This is the only application required to apply for federal student aid and allows Post University to determine your eligibility for federal, state, and institutional aid. You will need to create an FSA ID to complete and electronically sign the FAFSA. The FSA ID confirms your identity when financial aid information is accessed electronically.

Once you have submitted the FAFSA, you will receive a FAFSA Submission Summary within three to five days. You can then view your award information on the Post University student portal, where you can choose to accept each award. You may also reduce or decline any portion of your aid offer in the portal. Post University will not disburse any funding without your active acceptance of each fund.

It is important to understand the terms and conditions of your aid, as well as your rights and responsibilities. Financial aid carries certain expectations regarding your enrollment and academic progress. You can contact the Post University Financial Aid staff for assistance with this process.

If you need to reduce or decline a loan after you have already received the funds, you should contact the financial aid office as soon as possible. There is a 60-day window after the loan is disbursed to make adjustments through the Office of Financial Aid. After that, you will need to work directly with your loan servicer.

Setting up payment plans

Setting up a payment plan for your student aid is a straightforward process. Here is a step-by-step guide to help you get started:

Step 1: Understand Your Options

Before setting up a payment plan, it's essential to understand the different types of repayment plans available for federal student loans. These include traditional repayment plans and income-driven repayment plans. Income-driven repayment plans, such as the Revised Pay As You Earn (REPAYE) plan, offer monthly payments based on your income and family size. The SAVE plan, which replaced REPAYE in August 2023, provides similar benefits and is expected to be fully implemented by July 2024.

Step 2: Complete the FAFSA

The Free Application for Federal Student Aid (FAFSA) is the crucial step in applying for financial aid. Both students and parents are required to create an FSA ID to complete and electronically sign the FAFSA. This application allows Post University to determine your eligibility for federal, state, and institutional aid. You can expect to receive a FAFSA Submission Summary within three to five days of submitting your application.

Step 3: Review Your Award

Once you have submitted the FAFSA, you can review your financial aid award information through your student portal. Log in using your username and password to access your Student Account. Here, you will be able to view and accept each award offered to you. Remember that you can also reduce or decline any portion of the aid offer according to your needs.

Step 4: Seek Assistance

If you need assistance at any point during the process, Post University offers support through its Financial Literacy and Repayment Advising services. Their team can help you understand your repayment options and make informed financial decisions. Additionally, you can contact the Federal Student Aid Information Center or refer to the Financial Aid FAQ section on the Post University website for more guidance.

Step 5: Make Smart Financial Decisions

Remember that borrowing money for your education is a significant commitment. Post University encourages students to borrow responsibly and make smart financial decisions. Understanding your repayment obligations and seeking advice can help make your college experience less stressful financially.

Frequently asked questions