Financial Aid Policy Bulletin
Important Pacific College information on the financial aid application process, federal and institutional requirements, available financial aid programs, cost of attendance, Satisfactory Academic Progress requirements, and financial aid policies and procedures for 2014-15 academic year.
Federal Student Aid Identification (FSA ID)
Important Change: Students, parents, and borrowers are required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites. Your FSA ID is used to confirm your identity when accessing your financial aid information and electronically signing your federal student aid documents. An FSA ID is a username and password that you must use to log in to certain U.S. Department of Education (ED) websites. Your FSA ID identifies you as someone who has the right to access your own personal information on ED websites such as the Free Application for Federal Student Aid (FAFSA®) at fafsa.gov.
If you are a dependent student, your parent will need their own FSA ID to sign your FAFSA electronically.
Please note: Each FSA ID user must have a unique e-mail address.
Your FSA ID is used to sign legally binding documents electronically. It has the same legal status as a written signature. Don't give your FSA ID to anyone—not even to someone helping you fill out the FAFSA. Sharing your FSA ID could put you at risk of identity theft!
Repaying Student Loans
U.S. Department of Education Student Aid on the Web repayment information. Includes information and links to Direct Loan web sites, repayment calculators, and Loan Consolidation.
Tuition, books, food. These expenses can add up in a hurry. Many students need help creating a budget they can live with. This interactive budget calculator provided by PHEAA makes the process simple.
Federal Student Loan Repayment Calculator
Before you borrow, it's important to have a clear idea of what your future student loan payments will be. The Department of Education's Student Aid on the Web provides interactive repayment calculators to help you estimate those costs and borrow responsibly. Bankrate also provides an interactive repayment calculator that allows you to compare all of the available student loan repayment plans.
Student Aid on the Web Information Page Department of Education federal student aid information page.
Guide to Defaulted Student Loans
This guide published by the Department of Education provides information and options to resolve defaulted student loans. If you are unable to make your student loan payments contact your student loan servicer immediately. You may want to consider Loan Consolidation to extend your repayment period and lower your monthly student loan payment.
Default Facts and Repayment Tips
National Association of Student Financial Aid Administrators (NASFAA) student loan default facts and student loan repayment tips. Student Debt Relief is also a helpful site that offers tips to ease the burden of federal student loans.
National Student Loan Data System (NSLDS)
This student access site is available for students to view their loan and grant records and obtain balance and loan holder information.
SFA Ombudsman Office
This office is available to help student loan borrowers informally resolve loan disputes and problems. The telephone number is 1-877-557-2575.