The Origination Fee is changing for Federal Direct Loans disbursed after December 1st, 2013. For Subsidized/Unsbusidized Federal Stafford Loans it will be 1.072% and for Federal Parent/Grad PLUS Loans it will be 4.288%.
Mon, 28 Oct, 2013
New Direct Loan Interest Rates
The President has signed the Bipartisan Student Loan Certainty Act of 2013. This means that the new federal student loan interest rates are now official! For this academic year the interest rates are:
• 3.86% fixed for undergraduate level Subsidized & Unsubsidized Federal Stafford Loans
• 5.41% fixed for graduate level Unsubsidized Federal Stafford Loans
• 6.41% fixed for Federal Parent PLUS Loans & Federal Graduate PLUS Loans
For more information about this act and how it will effect student loan interest rates in future years please visit studentaid.ed.gov.
Wed, 14 Aug, 2013
How to Avoid Lines
Need to make a payment? Have questions about your financial aid? Need to turn in forms? You can do all of these things and more without ever stepping foot on campus! Visit our blog to find out how. iupuiosfs.blogspot.com
Tue, 13 Aug, 2013
New Student Checklist
New to IUPUI? We have written a blog post just for you! Read over our “New Student Checklist” to make sure you’ve completed all the necessary steps to receive your financial aid. iupuiosfs.blogspot.com
The IUPUI FSP Action Tool has been created to help IUPUI students make a financial plan for 2013-14. The worksheet has been created to help students and families analyze college costs for the upcoming year as well as the resources they have to pay for college expenses. We encourage students and families to utilize the FSP Action Tool to help make decisions on budgeting, borrowing, and student employment.
The IUPUI Financial Success Planning orientation program presentation is now available for download. This program has been developed for new students and families at IUPUI to educate them on financial aid and money matters at IUPUI.
The IUPUI FSP Calendar is now available for download. This 15-month calendar includes money saving tips and key financial dates from June 2013 to August 2014. This calendar is intended to help students plan out and budget their financial resources for the year.
Tue, 28 May, 2013
Know Your Limits
An important aspect of smart borrowing is knowing your Stafford loan limits. Federal Stafford loan limits vary based on a student’s dependency status, class level and if the student is a Undergraduate student or Graduate/Professional student. Students should always know the loan limits available to them at each academic level as well as the amount of loans borrowed. Students can review their personal federal loan borrowing information at National Student Loan Data System (NSLDS).
Thu, 23 May, 2013
2013-2014 Financial Aid Notification Update
Incoming freshman and new transfer students who have filed the Free Application for Federal Student Aid (FAFSA) with IUPUI should receive a paper Financial Aid Notification (FAN) in the mail in the next week or two. FAN information can also be viewed in OneStart once aid eligibility has been determined. OSFS plans to email FAN notices to new graduate and professional students in mid-April and to continuing IUPUI students in early June (after spring semester grades are reviewed).
Fri, 22 Mar, 2013
OSFS Develops Financial Success Planning Guide
OSFS has developed a new Financial Success Planning Guide that describes our commitment to financial education and services, as well as information regarding the Financial Aid Notification (FAN).