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When applying for college, there are many details to consider. Once the SAT scores are in, the essay is written, and the application is complete, there’s one more step: paying the college application fee.

If you are applying to more than one school, those fees can really add up. Luckily there is a way to get out of paying to apply to a school: a college application fee waiver.

Here’s more intel for students and their parents about college application fees and waivers.

The 411 on College Application Fees

Many colleges and grad schools require applicants to pay a fee. The average application fee is $48 at four-year public colleges and universities. At private universities, that fee is $54-$57, on average.

If a student is applying to more than one school, these costs can not only add up but also be prohibitive for some.

While there is no set standard for how many schools a student should apply to, some experts say it’s a good idea to apply to between six and eight colleges — two to three to act as safety schools, two as target schools, and two “reach” schools.

At $48 per college, on average, that could add up to $288 to $384. There are, however, ways to get around the fees.

Ask the College for a Waiver

Many colleges and universities allow students to directly ask for an application fee waiver.

Typically, the application will have a field that students or parents can fill out asking for the application fee to be waived.

If there is no space on the application, students or parents could simply call the school’s registrar office and ask what options may be available to them.

Recommended: Important College Application Deadlines

Getting Help From Nonprofits

Nonprofit organizations can play a vital role in easing the financial burden of college application fees for students from low-income or underserved backgrounds.

National Association for College Admission Counseling

The National Association for College Admission Counseling offers a request for an application fee waiver that can be filled out online and submitted with each application.

To fill out the form, the student simply writes the name of the college on the top line, and then fills out the “Student” section and checks the appropriate boxes in the “Economic Need” section. If none apply, an applicant can click “Other Request” and explain the financial need for the fee waiver.

Then, a school counselor, postsecondary support person, or principal at the student’s school, or a person from a community-based organization, needs to complete the “Authorized Official” section to verify economic eligibility.

Students send the completed form directly to the university’s admissions office. College applicants may want to check with the office if they do not hear back about an approval status within a month.

Recommended: Grants For College — Find Free Money for Students

Common Application

The Common Application is a generic application used by 1,000 schools. Using the application makes it easy for students to apply for more schools at once. And, within the application, students can request a fee waiver in the profile section.

According to the Common Application, students can qualify for a fee waiver for a variety of reasons. Those include if they are enrolled in or eligible to participate in the federal free or reduced-price lunch program, annual family income falls within the income eligibility guidelines set by the USDA Food and Nutrition Service, and if they are enrolled in a federal, state, or local program that aids students from low-income families.

Students can also qualify if their family receives public assistance or if they live in federally subsidized public housing or a foster home, or are homeless. Students who are wards of the state or can provide a supporting statement on economic need from a school official can also apply for a waiver.

The Common Application fee waiver may also be available for international applicants. It’s important to note that it is still up to each school if it accepts a fee waiver request.

Recommended: Paying for College Without Parents’ Help

College Board

Students aiming for college will likely have to take a standardized test, presumably either the ACT or the SAT, as part of their application. The SAT costs $68 for each standard SAT a student takes, and each ACT is $68 (there is an additional cost if a student wants to take the essay portion of the tests).

Eligible students can get fee waivers for up to two of each standardized test. Typically, they qualify if they live in a foster home or public housing or receive free or reduced-price lunches. Family income can also be a qualifier. Students will have to speak to a school administrator to receive the waiver, as each testing company allocates a specific number of waivers to each school.

So, how can this help with the college application fee? By qualifying for the SAT or ACT waiver, a student also gets to waive the application costs for four colleges. Those who are eligible for an SAT waiver will receive application waivers via the College Board, making it easy to streamline the process.

Attend a College Fair or Visit the School

Some colleges and universities may be willing to hand out application fee waivers to students who visit the school.

Most schools do not actively advertise these specials, so students are encouraged to dig deeply into their choice school’s website or call the school’s office of admissions to find out if this may be an option.

How to Find Colleges With No Application Fees

There are a number of colleges out there that don’t require an application fee at all.

Tulane University in New Orleans, Loyola University Chicago, and Baylor University in Waco, Texas are just a few of the many schools that don’t require an application fee.

In some cases, a school will waive their application fees during certain time frames, such as the middle of October. You can do an online search for “colleges with no application fees” to find lists, but will want to follow up with any schools you’re interested in to make sure the information is up to date.

Paying for College

Getting past the application is just the beginning. From there, students will have to navigate the cost of attendance, including housing, tuition, books, and more. For many, that means taking out loans.

Students can fill out the Free Application for Federal Student Aid, or FAFSA®, to see if they are eligible for student aid from the federal government. Colleges may then use the information provided to determine specific aid needs.

You can discuss federal aid and loan options directly with the schools of choice. If you still have gaps in funding, you may be able to cover them with a private student loan. These are available through banks, credit unions, and online lenders. Keep in mind, though, that private loans don’t offer the same protections, such as government forgiveness or forbearance programs that come with federal student loans.

To qualify for a private student loan, you need to fill out a loan application alone or with a cosigner. The amount of money you can borrow and the interest rate usually depend on credit scores and income.

The Takeaway

Qualifying for a college application fee waiver can make a significant difference in your college application process, easing the financial strain and allowing you to focus on presenting your best self to potential schools. By understanding the eligibility criteria, gathering the necessary documentation, and taking advantage of available resources, you can increase your chances of securing these valuable waivers.

When it comes time to pay for college, students can rely on scholarships, grants, federal student loans, and private student loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What is a college application fee waiver?

A college application fee waiver is a form of financial assistance that allows eligible students to apply to colleges without paying the standard application fee. This can significantly reduce the financial burden of applying to multiple schools, making the college application process more accessible.

Who is eligible for a college application fee waiver?

Eligibility for a college application fee waiver varies by institution, but common criteria include financial need, participation in certain educational programs, being a first-generation college student, or having a low family income. Some colleges also offer waivers to students who have faced significant personal or educational challenges.

How do I apply for a college application fee waiver?

To apply for a fee waiver, you typically need to complete a waiver form provided by the college or university. This form may require you to provide documentation of your financial situation, such as tax returns or a letter from your high school counselor. Some colleges also accept fee waiver codes from standardized test providers like the College Board or ACT.

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q325-043

The Free Application for Federal Student Aid (FAFSA®) is a form that incoming and returning college students (and their parents) need to fill out to be considered for federal financial aid. The FAFSA helps students qualify for federal grants and loans, such as the Pell Grant and Federal Direct Subsidized Loans. States and colleges also use the FAFSA to determine eligibility for grants and scholarships.

Unfortunately, the FAFSA is known for being a long, tedious, and complex form to fill out. To help ease confusion — and encourage more families to fill out the form — the Department of Education rolled out a new streamlined and simplified FAFSA for the 2025-26 school year on November 21, 2024 (a delay from the usual October 1).

The simplified FAFSA also ushers in a new formula to determine who will qualify for aid and how much they’ll receive. Here’s what you need to know about the FAFSA changes, plus other updates to financial aid.

Why Is the FAFSA Changing?

The Department of Education has long fielded concerns about the complexity and length of the FAFSA. As a result, Congress passed legislation in 2020 — called the FAFSA Simplification Act (FSA) — to make the FAFSA easier for students and their families to complete. The act not only overhauls the FAFSA form, dramatically reducing the number of questions, but also changes the methodologies and formulas used for determining federal student aid eligibility.

The new provisions were designed to be implemented in the 2023-24 school year but, due to delays, the Department of Education has been using a phased approach, with only a few of the new rules appearing on the October 1, 2022, FAFSA. The remaining provisions are set to go into effect for the 2025-26 award year. The new form became available on November 21, 2024.

2025-2026 FAFSA Updates

The FAFSA updates include a shorter, simpler-to-fill-out form, along with changes in how your financial aid is calculated. Below, we break it all down.

Shorter Form/Fewer Questions

A major FAFSA change is that the form itself will shrink from an intimidating 108 questions to no more than 46 questions (though some will have multiple parts). The actual number of questions you’ll need to answer (which could be less than 46) will depend on your financial situation. The new form also makes it easier to import income data from your tax records.

The Department of Education is hoping that a shorter, simpler form will encourage more students and their families to fill out a FAFSA and increase access to financial aid.

Questions About Selective Service and Drug Convictions Dropped

The new FAFSA eliminates any questions about whether a student has had any drug-related convictions. A drug conviction will no longer prevent students from receiving Pell Grants. (This was enacted in the 2023-24 award year.)

In addition, the Selective Service registration — which required male students under 26 to enroll in the draft — was removed as part of the FAFSA Simplification Act. This was taken off the FAFSA in 2021. Students are no longer required to register for Selective Service to receive federal aid.

Other Demographic Questions Added

In the 2024-25 year, the Department of Education also added a new demographic survey to the signature and submission portion of the FAFSA. Students will fill in certain demographic information, such as their gender, race, and ethnicity before submitting the form. These questions are solely for research purposes (to create statistics on who is and is not applying) and are not factored into aid decisions. While you must fill out the demographic survey, you are allowed to decline the answers.

EFC Becomes SAI

The new FAFSA renames the current Expected Family Contribution (EFC) to the Student Aid Index (SAI). This went into effect for the 2024-25 FAFSA and will be carried over to the 2025-26 FAFSA.

The EFC is a number that colleges use to determine a family’s financial need relative to other applicants. The name, however, caused confusion, since the EFC doesn’t actually represent the amount a family will have to contribute (or pay) for college. You could end up spending more, or less, than your EFC.

Besides the name change, there are a few differences in how EFC/SAI will be calculated. Here are some notable updates:

•  EFC factored in the number of family members in college but SAI does not. Families with more than one child in college no longer have an advantage in receiving aid.

•  The lowest EFC an applicant could receive was $0. The SAI can go as low as -$1,500, making it easier to more accurately determine an applicant’s financial need.

•  SAI will increase the Income Protection Allowance (IPA) that shelters a certain amount of parental income from inclusion in the calculation of total income.

Recommended: 31 Facts About FAFSA for Parents

Getting a Pell Grant Becomes Easier

The FAFSA Simplification Act, which took effect in the 2024-25 FAFSA year, increases the number of students eligible for a Pell Grant. The maximum awards will now go to all families who fall below the income thresholds for tax filing, or who have adjusted gross incomes below 225% (single) or 175% (married) of the poverty line. In addition, the Act restores Pell Grant eligibility to incarcerated students.

Students will also be able to estimate their eligibility for the grant before they complete the FAFSA.

Introduced the Term “Contributors”

A new term by the Department of Education — contributors — has been introduced for the 2025-26 FAFSA. A contributor is anyone required to provide information on the FAFSA, including the student, the student’s spouse, the student’s parents, and others.

Keep in mind that each contributor will need their own FSA ID, and it’s recommended to set this up a few days before completing the FAFSA.

How Will the FAFSA Changes Affect Students?

The new FAFSA will save time and headaches for all applicants. For many students and their families, the FAFSA changes will also mean more aid. For some, however, the changes will mean less help from the government.

Many families, especially low-income families, will likely get more aid, due to more generous formulas. For example, the IPA will increase by 20% for parents, up to about $2,400 (35%) for most students, and up to about $6,500 (60%) for students who are single parents.

In addition, more families will be eligible for the Pell Grants. Previously, families with incomes higher than $60,000 were generally ineligible for a Pell Grant. Now, students from families earning between $60,000 and $70,000 will likely receive some Pell Grant funding.

On the downside, the number of kids a family has in college will no longer be factored into the formula for the parent allowance. Indeed, families with multiple children in college at the same time may find that they will get less financial aid than they are used to.

Recommended: I Didn’t Get Enough Financial Aid: Now What?

When Does the 2025-2026 FAFSA Become Available?

The FAFSA traditionally opens on October 1 for the following academic year. This year, due to the FAFSA updates taking longer than expected, the Department of Education’s Office of Federal Student Aid released the 2025-26 FAFSA on November 21, 2024.

Even if you’ve filled out the FAFSA in the past, you need to complete a FAFSA every year to unlock federal student loans, grants, work-study, and even some private scholarships.

Once you submit the new FAFSA, you’ll receive your FAFSA Submission Summary, which details the information you included on the application and your SAI.

Cash vs. Private Student Loans: Which One Is Better?

Whatever cash you or your family members can save for college will benefit you in the long run, since it will mean borrowing less and paying less in interest. Therefore, cash is king when it comes to paying for college.

However, if you don’t have enough cash for college, you’re far from alone — and you still have plenty of funding options. By filling out the FAFSA, you may be able to access federal aid, including grants, scholarships, work-study, federal subsidized loans (no interest charged while you are in school), and federal unsubsidized loans (interest accrues while you are in school).

If you still have gaps in funding, you may be able to fill them with a private student loan. These loans are available through banks, credit unions, and online lenders. Each lender sets its own interest rate and you can often choose to go with a fixed or variable rate. Unlike federal loans, qualification is not need-based. However, you will need to undergo a credit check and students often need a cosigner.

If a student (or their cosigner) has excellent credit, it may actually be possible to get a private student loan with a lower interest rate than a federal loan, particularly if you’re looking at federal PLUS loans for parents or graduate students, which carry higher rates than federal loans for undergraduate students.

Just keep in mind that private student loans may not offer the same protections, such as income-based repayment plans, that automatically come with federal student loans.

The Takeaway

When the new simplified FAFSA became available at the end of 2023, it included many changes, including fewer questions and a switch from EFC to SAI (which will serve the same purpose). Some changes also took place behind the scenes, including updates to the formulas used to calculate aid eligibility. More students now qualify for Pell grants, but families with multiple children in college may see their award go down.

Specific changes to the 2025-26 FAFSA include an even more simplified version (no more than 46 questions as opposed to 108) and the introduction of the term “contributors,” which is anyone required to provide information on the FAFSA.

Filling out the FAFSA determines your eligibility for federal funding, including grants, scholarships, work-study, and federal student loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What is the FAFSA?

The FAFSA (Free Application for Federal Student Aid) is a form used by students to apply for financial aid, including grants, loans, and work-study programs, to help pay for college.

Will the FAFSA still require information about parental income?

Yes, the FAFSA will still require information about parental income, but the process will be streamlined, and some questions will be removed to make it easier to complete.

How will the new Student Aid Index (SAI) differ from the Expected Family Contribution (EFC)?

The SAI will be a more accurate measure of a family’s financial need, calculated using a different formula that aims to better reflect a student’s ability to pay for college.

About the author

Melissa Brock

Melissa Brock is a higher education and personal finance expert with more than a decade of experience writing online content. She spent 12 years in college admission prior to switching to full-time freelance writing and editing. Read full bio.

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q325-044

One way to ease costs of graduate school is to get a graduate assistantship. A graduate assistantship is a salaried employment opportunity for graduate students. Graduate assistants work a set number of hours per week and, in return, receive a tuition waiver and/or a monthly living stipend.

Securing a graduate assistantship can buoy finances and boost connections. Read on to learn how graduate assistantships work and how to find one.

What Is a Graduate Assistant?

Graduate assistants are students enrolled in graduate or professional schools who assist departments or professors in a teaching, research, or administrative capacity. A graduate assistant might be paired with a professor who is actively engaged in research or work that might complement their career goals or current focus.

Graduate assistantships often benefit both the university and the student. The university is able to fill positions that might be more costly if filled by a traditional employee. The student typically receives a tuition waiver, monthly stipend, and/or a fixed sum of money to help them pay for graduate school. Some programs may also offer class credit for these jobs.


💡 Quick Tip: Fund your education with a low-rate, no-fee SoFi private student loan that covers all school-certified costs.

Things to Consider

Overall, graduate assistant programs are meant to offer value to potential students, and to defray at least a portion of the costs associated with pursuing a graduate degree.

When combined with scholarships, grants, and other financial awards, becoming a graduate assistant can make the costs of grad school more manageable. Some schools also offer tuition waivers — for some or all of the tuition — for qualifying graduate assistants.

Compensation packages vary depending on the school, but tuition waivers are more commonly offered to graduate assistants who are employed by the school already, have financial or other hardships, or are veterans (or the spouse or dependent of a veteran).

Graduate assistantships that offer tuition waivers are often competitive, so it can be a good idea to explore the assistantship options offered by your college or department and apply as early as possible.

Another thing to keep in mind: A stipend typically counts as taxable income, though it isn’t considered wages (which means you won’t pay Medicare or Social Security taxes on it). So while assistantships do bring in some extra money, Uncle Sam will collect a portion of it.

As for tuition waivers, graduate assistants can exclude up to $5,250 worth of educational assistance benefits from their income each year, according to the IRS.

Also keep in mind that many universities prefer it if graduate assistants don’t seek additional, outside employment. It’s a common policy intended to protect a graduate student’s limited bandwidth — being a full-time student with an assistantship can feel like having two full-time jobs. Adding an additional part-time job on top of that could become too much of a strain.

Recommended: Finding & Applying to Scholarships for Grad School

Tips on How to Become a Graduate Assistant

How you go about becoming a graduate assistant will depend on the program and school. Acceptance letters often include at least some initial information pointing students toward any financial aid or assistantship the program might be offering.

You can also explore graduate assistantship opportunities by looking at the school’s or department’s website, as well as websites of professors. In addition, you can check the school’s job boards and social media sites, and even just do an online search using the name of your intended school and the phrase “graduate assistant.”

What if You Need More Funding?

Stipends and/or tuition waivers that come with graduate assistantships can make graduate school more affordable. However, if you still have gaps in funding, you may want to explore scholarships, grants, and federal or private student loans.

Graduate and professional students can apply for Federal Direct PLUS Loans. Eligibility is not based on financial need, but a credit check is required.

Graduate and professional students may also apply for Direct Unsubsidized Loans; again, eligibility is not based on financial need.

To apply for federal loans for graduate school, you simply need to complete the Free Application for Federal Student Aid, or FAFSA®.

Because graduate students face some of the highest federal student loan interest rates and loan origination fees, you may also want to look into private graduate school loans and compare offers. Just keep in mind that private student loans don’t come with the same protections, such as forbearance and forgiveness programs, offered by federal student loans.

💡 Quick Tip: Need a private student loan to cover your school bills? Because approval for a private student loan is based on creditworthiness, a cosigner may help a student get loan approval and a lower rate.

The Takeaway

Getting a graduate assistantship position can help cover the often high cost of graduate school. These positions can involve being a teaching, administrative, or research assistant. Compensation may be in the form of a monthly stipend and/or a tuition waiver.

If you aren’t able to get a graduate assistantship, or you have secured one but it isn’t enough to fully cover your costs, you may want to look into other sources of graduate school funding, including grants, scholarships, and federal or private student loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What do you need to be a graduate assistant?

To be a graduate assistant, you usually need to be enrolled in a graduate program, maintain a good academic standing, and have relevant skills or experience. Positions often require assisting with teaching, research, or administrative tasks. Check your university’s specific requirements and application process.

What are the benefits of being a graduate assistant?

Being a graduate assistant offers financial support, such as a stipend or tuition waiver. It also provides valuable experience, professional development, and networking opportunities. Graduate assistants often gain teaching, research, and administrative skills that enhance their resumes and prepare them for future careers.

What are the downsides of being a graduate assistant?

Being a graduate assistant can be time-consuming, leaving less time for coursework and personal activities. It may also come with stress and pressure to perform well in both assistant duties and academic pursuits. Additionally, the stipend might not cover all living expenses, and the workload can vary significantly.

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q325-042

For many students, financial aid is the only reason they can afford to go to college. Unfortunately, getting approved for aid (which may include scholarships and federal loans), isn’t a guarantee that you will have it throughout all your years in college. Schools can suspend — or even cut off — financial aid for a number of different reasons, including poor academic performance.

Fortunately, a financial aid suspension typically doesn’t disqualify you from getting aid in the future. You will, however, need to take some steps to appeal the suspension and get your aid reinstated.

Read on to learn why federal financial aid can get suspended and what you can do to get it back.

What Is Financial Aid Suspension?

Financial aid suspension occurs when the federal financial assistance you qualified for stops coming in.

Financial aid can come in the form of scholarships, loans, grants, and work-study programs. When you fill out the Free Application for Federal Student Aid (FAFSA®), you are applying for federal student aid.

After your application is reviewed, you will generally receive information on what aid you are eligible for, if any. When financial aid is being suspended, you will be notified as well, generally by the financial aid office at the school where you are enrolled.

Recommended: How to Complete the FAFSA Step by Step

Common Reasons for Financial Aid Suspension

Financial aid suspensions can occur for a variety of reasons. Here’s a closer look at why a student may find there are issues with their aid.

Not Making Satisfactory Academic Progress

In order to be eligible for certain financial aid, you need to be making Satisfactory Academic Progress (SAP).

This means you must be enrolled in a certain number of credit hours and be earning grades that are considered good enough to be working towards completing a degree or certificate in a certain time period.

SAP policies will often vary by school. Typically, SAP rules require students to maintain at least a 2.0 GPA on a 4.0 scale, which is a “C” average in classes.

If students receive scholarships, they may have to maintain a higher GPA than 2.0. To find out the SAP policy at a specific school, take a look at their website or contact the financial aid office.

Taking Too Long to Complete Degree

A student may experience financial aid suspension if they’ve been in school for too long. Federal financial aid is generally restricted to a time limit that is based on the length of the program the student is enrolled in.

This information is generally listed in a school’s catalog. For example, federal aid is generally limited to six years for a bachelor’s degree and three years for an associate degree.

Not Applying for Aid Each Year

You must apply for federal student aid by submitting a FAFSA each year that you are enrolled in school. Failing to submit the FAFSA means you may not receive federal aid for that year.

Also keep in mind that when you fill out the FAFSA annually, you might not receive the same amount or type of aid you received previously if your family’s financial situation has changed.

Making a Change to Your Course of Study

You could also lose federal aid if you switched majors and the aid was tied to your original major. Other changes that can lead to loss of financial aid include switching schools, not taking enough credits to qualify for the aid, and defaulting on other student loans.

Not Meeting General Eligibility Requirements

In order to continue receiving federal aid, you need to continue meeting the general eligibility requirements set by the Department of Education.

For example, if a student is not a U.S. citizen and their eligible noncitizen status expired or was revoked, then they would need to reinstate their status to keep receiving aid.

A student could also potentially lose federal financial aid if they were convicted for a drug offense or became incarcerated.

If it comes to light that a student’s high school diploma is not valid, or they have property subject to a judgment lien, that could also cause financial aid suspension.

Even though it can be frustrating and worrisome to lose financial aid, there are steps that students can take to hopefully get it back.


💡 Quick Tip: Parents and sponsors with strong credit and income may find much lower rates on no-fee private parent student loans than federal parent PLUS loans. Federal PLUS loans also come with an origination fee.

Appealing a Financial Aid Decision

Contact Your School’s Financial Aid Office

One of the first things you can do after being notified that your financial aid is being suspended is to call or visit your school’s financial aid office. The office can likely tell you more about why you are losing financial aid and if there is anything you can do about it, like file an appeal.

Write an Appeal Letter

The appeals process can vary based on the school. In general, you can fill out a form and write an appeal letter to your college. In the appeals letter, you may consider sharing details about the circumstances surrounding your financial aid suspension.

For example, if you lost a loved one that semester, you might have become upset and unable to concentrate on your grades. Sometimes, students experience tough circumstances that have nothing to do with school, but their grades suffer. Schools understand that this happens and they may be willing to work with students who show they are still dedicated to their studies.

Bring Your Grades Up

You may be able to study harder and bring your grades up, or you might enroll in more classes and get back on track to graduate in a certain amount of time. Bringing your grades up is a great way for a school to consider reinstating your financial aid.

Look for Additional Financial Aid

If you switched majors, you could look into other forms of financial aid for your new course of study. There are many ways to go about it — asking your financial office for guidance can provide insight to help you get back on track.

In some scenarios, you might lose financial aid for the year and then be able to reapply through FAFSA the next year. If you still don’t receive aid, you may need to look into alternative options to pay for your education.

Recommended: I Didn’t Get Enough Financial Aid: Now What?

Avoiding Financial Mistakes in College

If you went through financial aid suspension and couldn’t appeal the decision, you’ll need to figure out ways in which you can pay for school without hurting your financial future.

For instance, you may want to reconsider staying in the dorms and on an expensive college meal plan if you can’t afford it. If you do continue to live and eat on campus, you could run up a huge bill that in and of itself could take years to pay off.

While it may be tempting to put extra expenses on a credit card, debt can add up quickly. If you use a credit card but are unable to pay off your balance every month, you could end up graduating with student loan debt and credit card debt. Credit card debt can have relatively high interest rates which can make it difficult to pay off.

Also keep in mind that, while going to an expensive private school may seem more prestigious, state schools can also be solid options, offering rigorous programs as well.

I Lost My Financial Aid — How Do I Pay For School?

There are many students wondering how to pay for school if they no longer have financial aid — and thankfully, there are a number of ways to cover the cost of college.

Pick a Different School

One option is to consider transferring to a school that offers a lower tuition or where you can qualify for a more competitive aid package or scholarship.

If you aren’t able to transfer, or already go to a less expensive school, you might try to find a job on or off campus and start earning money to pay for your education.

Recommended: What Is the Average Cost of College Tuition?

Budget and Cut Costs

You might also consider budgeting and cutting costs as needed. A few options to cut expenses might include opting to use public transportation instead of driving, moving to cheaper housing off-campus, cooking meals at home instead of eating out, or limiting how much you spend on entertainment.

Ask Family for Help

You might also consider turning to family members for help. If your parents are able to help pay for your tuition or take out loans to pay for it, this could be a solution.

Take Out a Private Student Loan

Another option you might consider is taking out a private student loan. Before applying for a private student loan, however, it’s important to compare different lenders, loan rates, and terms. Each lender will also have their own eligibility requirements, so it’s worth looking around at different options.

Unlike federal student loans, private student loans generally require a credit check. If you don’t have much (or any) credit history, you will typically need a cosigner, such as a parent or other adult who has strong credit. Just keep in mind that private student loans don’t offer the same protections, like forbearance and income-driven repayment plans, that come with federal student loans.

The Takeaway

While receiving a financial aid suspension can be unsettling, it’s not necessarily the end of your support — many students regain eligibility through proactive steps. By understanding the most common causes — such as not meeting Satisfactory Academic Progress (SAP), exceeding program time limits, or failing to reapply via FAFSA — you can navigate the path forward.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

Can I get financial aid back after suspension?

Yes, you can often get financial aid back after suspension by appealing the decision, improving your academic performance, and meeting specific requirements set by your school. It’s important to communicate with the financial aid office and follow their guidelines closely.

What does financial aid suspension mean in college?

Financial aid suspension in college means that your eligibility for financial assistance has been temporarily revoked due to not meeting the school’s academic progress standards. This can happen if your grades fall below a certain threshold or if you fail to complete required coursework on time.

Does financial aid suspension follow you to another school?

Financial aid suspension may follow you to another school if you failed to meet Satisfactory Academic Progress (SAP). However, the new school may have its own standards and could require you to meet certain conditions before granting financial aid. Always check with the financial aid office at your new institution.

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

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Some college students grapple with a challenge that has little to do with grades or the overall college experience: helicopter parents.

These well-meaning moms and dads insert themselves into the lives of their emerging adult children to a degree that may hinder the development of coping skills.

College orientation programs for nervous parents have become more common. Even so, some parents have trouble letting go. With the price of college having doubled in 20 years, some parents want to make sure they’re getting their money’s worth.

Keep reading to learn more on helicopter parenting, including tips on how to handle helicopter parents in college.

Hobbled by Helicopter Parenting

Helicopter parents closely monitor their children’s lives and tend to intervene to solve problems for them, rather than allowing their kids to build the skills needed to navigate challenges on their own. In college, that may look like parents reaching out directly to college professors and administrators about grades or nagging their children about academic deadlines and test results.

Why is this so harmful? When kids go off to college, they are entering a period of life psychologists call “emerging adulthood.” The goal during this phase is to become independent and self-sufficient. If a student’s parents are always doing things for them, it can keep them from learning essential skills they need to become a successful adult.

Overparenting can also make students feel inadequate and helpless, taking a major toll on their self-esteem. Studies have even found a link between helicopter parenting and higher alcohol and other substance use, depression and anxiety, as well as lower educational achievement.


💡 Quick Tip: You can fund your education with a low-rate, no-fee private student loan that covers all school-certified costs.

How to Deal With Helicopter Parents

For students stranded between demanding academic obligations and surveillance-minded parents, the path forward may involve a strong dose of self-discipline, a willingness to learn and make mistakes, and an open call for independence. Here are some ideas.

Adjust How You Engage

If parental hovering seems unavoidable, students may want to diplomatically tighten up engagements with mom and/or dad.

Unless the student is in a serious health or financial crisis, there’s no need for a daily phone call, Zoom meeting, or even a text with parents.

Students should talk to parents before leaving for campus and ideally agree on a scheduled conversation, perhaps weekly or biweekly.

Students who do not feel pressured may decide that frequent calls, emails, or texts are OK — as long as they initiate the engagement.

Ask for a Coach, Not a Problem Solver

When a young person leaves for college, the temptation for many parents is to step in and solve every problem for them, thus taking a learning experience out of the equation.

Yes, living away from home for the first time can be intimidating and yes, a parent’s inclination is to take over the situation and straighten things out. That, however, may deprive the child of a much-needed learning experience.

Students should strive to make their own academic and lifestyle decisions (but not big health care or financial decisions, at least not yet), with parents supporting and coaching in the background.

Take the Long View

Helicopter parents invariably view their child’s problems and challenges on campus with a short-term outlook. Instead, students should emphasize the learning experiences they’re having and that the experiences are positive in the long haul.

While parents may fret over their child not getting into a class, missing out on a grant, loan, or scholarship, or just getting a problem roommate — situations that can call for a remedy — they’re experiences best handled by the student, who can make that exact case to parents.

It might be helpful to say: “Mom/Dad, I’m learning from my own problematic scenarios, I’m growing a thicker skin, and I’m learning how to solve problems and make decisions like an adult. When I do need your involvement, I hope you’ll trust me to let you know as soon as possible.”

The takeaway for both parties: A big part of attending college is becoming your own self-advocate in life, and some patience and pullback on the part of parents (and encouraged by the student) can help that happen.

Ask for Your Own Bank Account

To further declare independence from helicopter parents, college students may want to ask them to take their name off a shared bank account. Doing so will allow students to learn how to manage money on their own, with mom and dad in the background if needed.

Let parents know that any excessive spending or critical financial needs can, when necessary, involve them. But being responsible for finances is a critical lesson best learned by the student.

For college students, that means making the case that financial literacy is a gift and that college is a great place to earn it.


💡 Quick Tip: Even if you don’t think you qualify for financial aid, you should fill out the FAFSA form. Many schools require it for merit-based scholarships, too. You can submit it as early as Oct. 1.

Create Boundaries on Student Portals

Digital student portals are valuable tools for both students and parents, but college students may want to establish boundaries on parental portal engagements.

Yes, parents will want to log on to the parental portion of their student’s online college portal (mainly to check finances, review financial aid, and pay tuition bills).

Past that, there’s no need for parents to regularly plug in to their student’s primary online portal and sound off about everyday collegiate experiences.

Particularly, college students may not want their parents looking at their calendars, classroom grades, student-teacher interactions, and portal emails designed for the student’s eyes only.

College students can remedy that situation by having their parents agree on portal access conditions, like checking grades once a month or even once a semester.

Making the case that portal engagements, with boundaries, are the domain of the student can provide a sense of trust and privacy, especially in the first year at school.

Take a Bigger Role in College Finances

College students may be able to help their own cause by partnering with parents on college financing issues and learning to be good stewards of their college money.

That means visiting the financial portion of the college portal and seeing what has been paid, what is owed, and what is available in financial aid.

Helping out with the Free Application for Federal Student Aid (FAFSA®) each year will also give the student a realistic look at the cost of college, which may provide an incentive to make that cost worthwhile.

When you know exactly where you stand financially on campus, you can begin making decisions on key issues like course loads, living on or off campus, accepting a work-study program, and taking on a part-time job.

Additionally, taking a shared-responsibility role can help with long-term college decisions, like taking an internship overseas or moving on to graduate school.

The Takeaway

College students can take steps to deal with helicopter parents, who may hinder the development of skills to handle the inevitable difficulties of life.

The suggestions are rooted in convincing parents to take a supportive but not supervisory role in the student’s everyday college experience.

Financial literacy involves understanding the various ways to cover the many expenses of college — such as tuition, housing, and food — including federal grants, work-study programs, student loans, merit-based scholarships, and private loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

How do I cope with my child leaving for college?

Coping with your child leaving for college involves embracing the change. Stay connected through regular communication, set boundaries, and focus on your own interests and growth. Seek support from other parents and remember that this transition is a positive step for your child’s future.

How does being a helicopter parent affect your child?

Being a helicopter parent can lead to increased anxiety and decreased independence in your child. It may hinder their ability to problem-solve and make decisions, affecting their self-confidence and resilience. Allowing more autonomy can foster healthier development.

What can I do to deal with my helicopter parents in college?

To deal with helicopter parents in college, set clear boundaries and communicate openly about your need for independence. Share your experiences and challenges, but also emphasize your ability to handle them. Seek support from friends, advisors, or a therapist if needed.

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

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