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SFA News was last updated on: 10/6/2015

This page is designed to give you the most up to date information and news available for Kent State Student Financial Aid.  For a list of recent FAQ's, click here.

Important Financial Aid Dates
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SFA News Items

FAFSA Changes for 2017-2018   10/6/2015

Beginning with the 2017-2018 FAFSA, students will be able to complete the form earlier and using tax information from two years prior income information from when the student enrolls. More details can be found at the link below.
Click here to go to a Website for more information

Perkins Loan Program Update   10/6/2015

The statutory authority to use appropriated funds for the Perkins loan program expired on September 30, 2015. Sen. Lamar Alexander (R-Tenn.), chair of the Senate Health, Education, Labor and Pensions Committee, objected to the extension of Perkins, a program he has long sought to eliminate in favor of consolidating all of the federal loan programs into one unsubsidized loan. Schools will be prohibited from making new Perkins loans for 1516 to students who have not received them prior to Oct. 1, 2015. This means that if you've never received a Perkins loan in the past, and don't receive at least a disbursement before the deadline, you won't be able to receive them at all. If you have received a Perkins disbursement prior to June 30, 2015, you could possibly qualify in the future if you meet limited "grandfathering" provisions. One requirement is that you are enrolled in the same academic program at the same school in which you received the first disbursement. Funding is expected to be very limited past 2015-2016. Those with existing Perkins loans, however, can rest assured that existing repayment, deferment and forgiveness options will not change, although the loan holder may change to a Department of Education servicer at some point in the future."
Click here to go to a Website for more information

Beware of Loan Consolidation or Forgiveness Services Charging Fees!   7/15/2015

Have you seen ads online offering to help you have your student loans forgiven? Or maybe they offer to help you consolidate your loans for a small fee? REMEMBER: You never have to pay for help with your student loans! If you see an ad from a debt relief company offering to help you with your student loans for a fee, walk away. Some companies charge as much as $999 at start-up, or $39/mo over the life of the loan for services that Federal Student Aid and your loan servicers can help you with for FREE! Contact your loan servicer for FREE help: http://1.usa.gov/1HvI5U2 The Office of Student Financial Aid is here to help current or former KSU students. We can meet with you for loan repayment assistance. Call (330) 672-2972 or email finaid@kent.edu to request an appointment.
Click here to go to a Website for more information

New FSA ID replaces Personal Identification Number (PIN)   5/11/2015

Beginning May 10, 2015, a new login process has been implemented for those websites in which you would use your current PIN. These websites include FAFSA on the Web, NSLDS Student Access, StudentLoans.gov, StudentAid.gov and the TEACH Grant website. The new FSA ID replaces the Federal Student AId PIN and will use a username and password. This will authenticate the student/parent identity to access their federal student aid information.

A step-by-step guide will be posted when available. Please prepare to complete the transition when you visit one of the impacted websites on or after May 10, 2015.
Click here to go to a Website for more information

Direct PLUS Loan changes   4/14/2015

Beginning March 29, 2015, new standards and procedures relating to adverse credit history will apply to all PLUS Loan credit checks.

If you apply for a PLUS and are notified that you have adverse credit history, you will be given detailed information on options, including obtaining an endorser or submitting documentation of extenuating circumstances, along with instructions on how to complete the required PLUS counseling. Please see the below link for further details.
Click here to go to a Website for more information

Did you receive a 1098T?   1/28/2015

Did you recently receive a 1098T form in the mail or on FlashLine from the Bursarís Office or a 1098E from Direct Loans and you are not sure how to interpret it? If you need help understanding tax treatment of financial aid or tax benefits for education the links below from the IRS will provide useful information. This includes information about the American Opportunity Credit.

Tax information for students from the IRS
Tax information for parents from the IRS
Tax Benefits for Education Information Center
Click here to go to a Website for more information

FAFSA Paper Applications   12/19/2007

The Financial Aid Office will no longer have paper copies of the Free Application for Federal Student Aid. Students will be able to obtain a paper FAFSA by calling the Federal Student Aid Information Center toll-free at 1-800-4-FED-AID (1-800-433-3243). Students may request up to three copies of the paper application and should receive their FAFSA in 3 to 7 business days. Students are encouraged to use the online method for filing the application. The FOTW Worksheet, the most effective tool students can use to facilitate the online application process,
Click here to go to a Website for more information