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Oops! As with any lengthy application, it’s easy to make mistakes or omissions on the Free Application for Financial Student Aid (FAFSA®). In some cases, an applicant’s personal information changes and has to be updated on the form. Some corrections are more important than others — like a typo in your Social Security number — and need to be handled with special care.

Luckily, most errors can be corrected fairly easily. We’ll discuss when you need to update your information, how to make FAFSA corrections, and some special cases that require guidance from your school of choice’s financial aid office.

How to Make Simple Updates to FAFSA

The FAFSA asks for your personal information as it stands on the day you sign your form. It’s understood that details may change, and making updates is not a problem. (Of course, it’s best to avoid FAFSA mistakes altogether.)

Some FAFSA changes are easier to make than others. For example, it’s easy to add or drop colleges on your schools list or change your answer to the “Unsubsidized Loan Only” question online. You can also make simple changes by hand if you receive a FAFSA Submission Summary in the mail.

Make Changes Online

You can make simple changes to your FAFSA on the Federal Student Aid website. Here are the steps:

•   Log into your StudentAid.gov account and navigate to your main dashboard.

•   Go to the “My Activity” section of your dashboard and select your processed FAFSA form.

•   At the top-right corner of your FAFSA form, select “Actions,” then select “Make Corrections.”

•   Make the necessary corrections.

•   Submit the form.

Mail in a Corrected SAR

The FAFSA Submission Summary is a document summarizing the info on your FAFSA. When you first submitted your FAFSA, you should have received either an email with a link to your FAFSA Submission Summary or a paper copy by mail. You can also find it by logging in to your StudentAid.gov account dashboard, selecting your processed FAFSA submission from the “My Activity” section, then choosing “View FAFSA Submission Summary.”

If you received a paper FAFSA Submission Summary by mail, you can make your changes on that form, sign it, and send it to the address listed on the form.

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

Deadlines for FAFSA Updates

The federal deadline for submitting the FAFSA is June 30, but corrections are accepted for a couple of months after that date. For the 2025-2026 academic year, the last day for corrections and updates is Sept. 12. 2026.

Keep in mind that state and college deadlines vary, and that some financial aid is given out on a first come, first served basis. If you need to make substantial changes, call your financial aid office to find out about any other deadlines you should be aware of.

For more important dates, check out our guide to FAFSA deadlines.

Important Updates

Some corrections and updates need to be handled with special urgency and care. This includes your contact information and anything that affects your dependency status — including if you become pregnant.

To make updates, follow the steps above and watch out for your updated FAFSA Submission Survey to confirm the changes have been made.

Other important updates require a call to your school of choice’s financial aid office. The office will tell you whether your FAFSA needs to be updated and the best way to do it. In some cases, the office can make changes electronically, so the student doesn’t have to do anything.

Call the financial aid office first for the following:

•   Change in marital status.

•   Significant changes to income (yours or your parents’) for the current year.

•   Change in the number of family members in the household (yours or your parents’).

•   Change in the number of people who are in college in the household (yours or your parents’).

•   You or your parents filed an amended 1040-X tax return.

•   Other changes in circumstance that cannot be reported on the FAFSA.

Recommended: SoFi’s Scholarship Search Tool

Updating Your Social Security Number

If you entered your Social Security Number (SSN) wrong on your FAFSA, you’ll need to do the following:

•   Log in to your StudentAid.gov account and update your SSN in your Account Settings.

•   Once the Social Security Administration verifies your account status, you can update the information on your FAFSA form by selecting “Make a Correction.”

•   Update your SSN on your FAFSA, then navigate through the rest of the form.

•   Submit the form.


💡 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.

If You Miss the Deadline for Updates

If you made an error on your FAFSA that results in you receiving less financial aid than you should have, there’s not much you can do. Still, it’s a good idea to call your school’s financial aid office and explain your situation. They may be able to help you find any remaining financial aid — especially state grants and scholarships — to cover your cost of attendance until the following year.

Another option is private student loans. Educational loans disbursed by a private lender can help students who didn’t qualify for enough federal aid. It’s important to note that private student loans do not come with the same protections that are baked into federal aid, such as deferment and income-based repayment. Here’s a good summary of the differences between private student loans vs. federal student loans.

Still, for students who do not qualify for federal loans or who need additional funds to cover the cost of college, private student loans can help bridge the gap.

The Takeaway

Making corrections and updates to your FAFSA is typically straightforward. Simple changes can be made on the FAFSA website even after the deadline for submitting the application. It’s a good idea to follow up by mailing a corrected Student Aid Report (SAR) to the address listed on the back. A new SAR will confirm that your changes were made. For some important updates, it’s recommended that you call your school of choice’s financial aid office. They include changes in marital or dependency status, and significant financial changes.

Since the FAFSA unlocks grants, work-study programs, and federal student loans, it’s important to make corrections as quickly as possible. This can help avoid any delays in receiving financial aid.

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 #1 most common FAFSA mistake?

One of the most common FAFSA mistakes is leaving blank fields, or skipping questions. Applicants often do this because they think a question doesn’t apply to them. But too many blanks may lead to miscalculations or having your application rejected. Be sure to enter a “0” or “not applicable” instead of leaving a blank.

What happens if you put incorrect info on FAFSA?

If you provide incorrect information on your FAFSA, it can affect your financial aid eligibility, delay processing, or require verification by your school. Minor mistakes can usually be fixed by submitting a correction online. Serious errors, especially intentional misreporting, may result in loss of aid or legal consequences. Schools may also request documentation to verify details.

Can FAFSA be modified?

Yes, you can modify your FAFSA after submission to fix errors, update details, or add schools. Simply log in your StudentAid.gov account, navigate to the “My Activity” section of your dashboard, and select your processed FAFSA form. You can then select “Actions,” followed by “Make Corrections.” For significant changes, however, you may need to contact your school’s financial aid office.

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 Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

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-Q325-143

Spending a couple of hours filing the Free Application for Federal Student Aid, more commonly known as the FAFSA®, may not seem like your idea of fun. However, skipping the FAFSA could mean losing out on need-based grants. If you qualify, grants can be an incredibly helpful addition to your financial aid award for one main reason: You generally don’t have to repay them.

Let’s jump into some specific details about grants, including the connection between the FAFSA and grants, types of grants, and more information about this worthwhile addition to your financial aid award.

Does FAFSA Give Grants?

The FAFSA itself doesn’t give grants because the FAFSA is an application. When you file the FAFSA, the colleges and universities you have on your list will use this information to determine the specific amount and types of grants (and other financial aid) you are eligible for. Grants may come from:

•   The federal government

•   State governments

•   College or career schools

•   Private or nonprofit organizations


💡 Quick Tip: You could make no payments on some private student loans for six months after graduation.

Does FAFSA Give Grants for Graduate School?

Certain grants, such as Pell Grants, go to undergraduate students only. However, graduate students can tap into a few federal programs, though these are usually need-based. Here are two examples:

•   TEACH Grants: Graduate students can get a TEACH Grant as long as they agree to teach in a high-need field in a school for low-income students. They must also agree to fulfill a few other requirements, as well.

•   Fulbright Grants: Qualified graduate students can tap into the U.S. Fulbright Program to pursue graduate study, conduct research, or teach English abroad. This program is sponsored by the U.S. Department of State and can help students expand upon their international studies.

Some corporations and other organizations also offer grants for graduate students, though it’s important to note that the FAFSA isn’t necessarily needed to qualify. Take a close look at the qualifications for corporate grants and other organizations as you find them.

Is Pell Grant the Same as FAFSA?

No, the Pell Grant is not the same as the FAFSA, which is simply an application. The FAFSA is not the actual entity that gives you financial aid. Federal grants, like the Pell Grant, come from the federal government through the U.S. Department of Education.

Types of FAFSA Grants

Let’s walk through a few types of grants and their requirements that you may become eligible for when you file the FAFSA.

Pell Grants

The Pell Grant program is the largest federal grant program available to undergraduate students. In order to qualify for the Pell Grant, you generally must demonstrate financial need.

How much can you receive from the Pell Grant? For the 2025–26 award year, the maximum Federal Pell Grant is $7,395. Check from year to year because the award amount might change slightly.

The exact amount you’ll get depends on your Student Aid Index (SAI), formerly known as Expected Family Contribution (EFC), the cost of attendance (determined by your school for your specific program), your status as a full-time or part-time student, and your plans to attend school for a full academic year or less.

If you have a parent or guardian who lost their life either while on duty in the military after September 11, 2001, or while performing duties as a public safety officer, you may be able to receive a maximum Pell Grant award regardless of financial need. To qualify, you’ll need to check “yes” next to the appropriate question on the FAFSA form. You’ll then be asked to follow up with documentation.

Federal Supplemental Educational Opportunity Grants (FSEOG)

The need-based Federal Supplemental Educational Opportunity Grant (FSEOG) gives each participating school a certain amount of FSEOG funds, and these schools give FSEOG Grants to students who have the most financial need.

You can receive between $100 and $4,000 a year, depending on:

•   Financial need

•   Amount of other aid you receive

•   Availability of funds at the institution you attend

Teacher Education Assistance for College and Higher Education (TEACH) Grants

The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program gives you funds through a TEACH Grant-eligible program at a school that participates in the program. You must agree to:

•   Teach in a high-need field full time for at least four years.

•   Complete the required four years of teaching within eight years after you graduate.

•   Teach at a low-income elementary school, secondary school, or educational service agency.

You must also undergo TEACH Grant counseling and complete the TEACH Grant Agreement to Serve or Repay to qualify.

Recommended: How to Complete the FAFSA Step by Step

Do You Have to Pay Back FAFSA Grants?

It’s a common question — and a good one! Like scholarships, you generally do not need to repay FAFSA grants. However, there are some situations, such as withdrawing from school early or switching from full-time to part-time status, where repayment might be required.

FAFSA Grant Repayment

While grants generally do not require repayment, there are a few circumstances in which a grant may need to be repaid. Here are some reasons why you might have to repay some or all of a FAFSA grant:

•   You left or withdrew early from the program for which you received grants.

•   Your enrollment status changed, which impacts your eligibility for the grant.

•   You received outside scholarships or grants that reduced your need for grants.

•   You failed to complete the service obligation that comes with the TEACH grant (in this case the grant is converted into a loan).

It’s a good idea to look carefully at the requirements for each grant. You can ask a financial aid professional at your college or university for specific information about grant eligibility, award amounts, and other requirements.

Additional Funding Options for College

When you receive a financial aid award from a college, it may include financial aid such as FAFSA grants and scholarships, work-study, and federal student loans. Some students may also consider borrowing private student loans. Let’s walk through the definition of each.

Scholarships

A scholarship is a type of financial aid that you don’t have to repay. Scholarships can be need-based or merit-based (based on talents or interests, independent of your financial need).

Federal Work-Study

Undergraduate, graduate, and professional students with financial need may be eligible for work-study programs. You can tap into part-time jobs, usually on campus, during your enrollment in school. Full- or part-time students can qualify for work-study jobs.

You cannot go over your work-study award limit. In other words, let’s say you receive $1,500 in work-study. You can work as many hours as you can up to that limit. Your school will pay you directly unless you request that they use the money to pay for education expenses (such as tuition, fees, food, or housing).

Your school must participate in the federal work-study program, so check with your school’s financial aid office for more information.

Federal Student Loans

Financial aid awards often contain federal student loans, which come from the federal government, through the U.S. Department of Education.

Take a look at three main types of federal student loans:

•   Direct Subsidized Loans: Direct Subsidized Loans are federal loans that have a low interest rate (currently 6.39% for undergraduate students and 7.94% for graduate or professional students). The U.S. Department of Education pays the interest on Direct Subsidized Loans while you are in college. The amount of loan money you can qualify for depends on your year in school and whether you are a dependent or independent student. For example, dependent undergraduates can qualify for $5,500 to $7,500 per year in Direct Loans. However, you cannot receive more than $3,500 to $5,500 of this amount in subsidized loans.

•   Direct Unsubsidized Loans: The major difference between Direct Subsidized Loans and Direct Unsubsidized Loans is that the U.S. Department of Education does not pay the interest on Direct Unsubsidized Loans while you are in college. However, the interest rate is the same as with Direct Subsidized Loans (currently 6.39% for undergraduate students and 7.94% for graduate or professional students).

•   Direct PLUS Loans for parents and graduate/professional students: Parents can take out Direct PLUS Loans through the U.S. Department of Education. They must undergo a credit check and are responsible for paying all interest on the loan (it’s not subsidized), plus a fee. Currently, parents can borrow up to the full cost of attendance, minus any financial aid. However, borrowing limits will be changing on July 1, 2026. Under the “One Big Beautiful Bill Act,” parents will be limited to borrowing no more than $20,000 per child each year, with a lifetime maximum of $65,000 per student.

  Currently, graduate and professional students can borrow funds (up to the full cost of attendance) through the federal grad PLUS loan program. That is also changing on July 1, 2026. Under the new bill, the grad PLUS program will no longer be offered. Graduate students will still be able to access federal loans but will generally be limited to $20,500 per year and $100,000 in total federal loans.

Federal student loans offer benefits such as fixed interest rates and income-driven repayment.


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

Private Student Loans

Private student loans are loans offered by banks, credit unions, and other private lenders to help students cover the cost of their education. You apply for this type of loan directly with your choice of private lender. Eligibility is primarily based on creditworthiness, which includes factors like credit score, income, and debt-to-income ratio. Many students need a cosigner with good credit history to qualify, as they may not have an established credit history themselves.

You can typically borrow up to the full cost of attendance, including living expenses, which may give you more borrowing power than federal loans. While federal loan interest rates are fixed and set by Congress, private loan rates can be fixed or variable and are determined by your (or your cosigner’s) credit profile.

Federal loans generally offer more flexible repayment options, such as income-driven repayment plans, and may be eligible for forgiveness programs. Private loan repayment options and protections vary by lender and are usually less flexible.

The Takeaway

Completing the FAFSA is one of the best steps you can take to unlock free money for college in the form of grants. While the FAFSA itself doesn’t hand out funds, it’s the key that determines your eligibility for federal, state, and school-based grants. Unlike student loans, grants generally do not need to be repaid, which makes them a highly desirable source of college funding.

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 grant does FAFSA give you?

FAFSA itself doesn’t provide grants; it helps determine your eligibility for federal grants like the Pell Grant and Federal Supplemental Educational Opportunity Grant (FSEOG). These grants are awarded based on financial need and typically do not need to be repaid.

What income qualifies for FAFSA grants?

There is no strict income cutoff for FAFSA grants because eligibility depends on multiple factors, including family size and assets. The majority of Pell grants are awarded to students whose families earn less than $60,000, though some families making more may also qualify if they have multiple dependents or high education costs. The FAFSA calculates your Student Aid Index (SAI) to determine if you’re eligible for need-based grants.

How much is the average FAFSA grant?

The amount you receive depends on your financial need, school costs, and enrollment status. The average Pell Grant award is $4,491 a year, though it can range from a few hundred to over $7,000. Other grants may offer different amounts based on specific criteria.

Can you get free money from FAFSA?

Yes, FAFSA can help you access free money in the form of grants and scholarships that don’t need to be repaid. One of the most common is the Federal Pell Grant, but you might also qualify for the Federal Supplemental Educational Opportunity Grant (FSEOG) or state and institutional grants. Completing the FAFSA is the only way to be considered for most need-based aid, and many schools use it to award their own scholarships. FAFSA can also determine eligibility for federal student loans.

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.

Photo credit: iStock/syahrir maulana

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 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 Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

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-Q325-142

The summer before college can be a transformative time before you head off for your independent life as a student. You can reflect, work, get organized, and spend quality time with the people you love at the places you love one last time before school is in session.

At the same time, there are a number of tasks you’ll need to complete to make sure your transition to school goes as smoothly as possible. Here’s a simple checklist that can help ensure you make the most of your last summer before college.

Getting Organized

Now is the time to clear out the old so you can bring in the new. The bedroom is a good place to start.

Clear out your closet: Use the summer to clean out your closet and dresser and get rid of any clothing you may no longer need or want for college. Start by pulling every single item out and making a giant pile on the floor, separating the clothing into piles to keep, toss, and donate. Donating gently used items to a local charity or second-hand shop will help them find a second life. Or you might try to sell your stuff and raise some cash.

Toss old academic work: Go through notebooks, binders, and bookbags, using the same sorting method as with clothing. Cleaning out your computer and deleting any files you no longer need — perhaps moving some to cloud storage — can allow you to enter college with a clean desktop and plenty of space on your hard drive.

Start packing: To make the moving process a little smoother, try organizing your items and packing slowly over the summer instead of cramming it all into one day. Creating boxes labeled as bedding, kitchen, bathroom, academic, and miscellaneous — maybe limiting the size of that particular box, though — then adding items as you’re organizing will make moving easier when the time comes.

Cleaning up Your Social Media

Just like cleaning out your closet, it’s probably time to think about cleaning up your social media presence, too. You may have joined Facebook groups or liked pages that no longer reflect your interests or what you believe in.

On Twitter and Instagram, it may be a good idea to look back at your content to make sure what you’re sharing is appropriate for future employers to see. If not, you might want to consider deleting it.

Finally, think about your social media handles and your email address. If possible, it might be a good idea to use your full name or a combination of first initial and last name — something clean and simple. Potential employers will likely look at this information before hiring for summer internships or future jobs, so presenting yourself as a professional might pay off in the long run.

Recommended: College Freshman Checklist for the Upcoming School Year

Spending Quality Time With Your Family

Even though your parents may have sometimes embarrassed you through your high school years and your siblings may have annoyed you since you became siblings, you’ll probably still miss them when you head off to college. Use this time to make memories with your family so you have something fond to look back on if you’re ever homesick.

Over the summer, try creating family date nights. Play board games, cook together, go to your favorite restaurants, the movies, whatever makes you all happy. As a bonus, you’ll get to visit all your favorite hometown spots along the way, too.

Recommended: 5 Ways to Start Preparing For College

Connecting With Your New Roommate

If you’re living in a dorm in the fall, you likely already know who your roommate will be. You may want to use the few weeks before school begins to prepare for the college experience ahead by connecting with them, via phone, text/email, Facetime, or, if possible, in-person.

Consider making a list of dorm room items that you can share, and try making a list of ground rules before you even move in. This could help alleviate any issues before they ever begin.

Recommended: A Guide to Making Friends in College

Preparing Your Dorm Essentials

After chatting with your roommate and figuring out what you both need, it’s time to make a full list of dorm essentials. This essentials list should include bedding, toiletries that fit into a basket to carry to and from shared bathrooms, a pair of slippers to use in common areas (including shower areas), and office supplies like pens, paper, notebooks, labels, rubber bands, scissors, and sticky notes.

You’ll now be responsible for doing your own laundry, so make sure to add on a laundry basket and detergent. The list can also include decorations such as desk lamps, a bulletin board, and any fun decor that fits your style.

Becoming Familiar With Your College Town

You can get familiar with your new town even before you set foot in it by checking out local publications, including local news sites and your school’s newspaper. You might want to make a list of restaurants you want to try and local attractions you’d like to see.

You might also consider sharing the list with your new roommate so you can explore the town together.

Recommended: How to Get Involved on Campus in College

Registering for Classes

It could be prudent to check out class offerings before registration even opens. Familiarize yourself with the classes offered (such as lower vs. upper division courses) in your degree program, which ones are available to freshmen, and which electives you’d like to take. Make a list and have it handy for registration day.

Pro tip: Sign up for classes as soon as registration is open because popular classes may fill up fast.

Checking Out Your Professors Online

Once you’ve got your classes lined up, it’s time to check out your future professors. Doing a bit of online research on the people who will be teaching you could help identify any potential future mentors.

Getting to know professors can make asking for recommendations for internships and jobs easier. If they don’t know you well, it might be difficult for them to recommend you.

Getting Your Finances in Order

It’s time for the most adult step of all. During the summer before college, it’s probably time to get your finances in order. If you don’t already have a checking account, it’s a good idea to open one, ideally at a bank that you can access easily while at school.

Now is also a good time to explore — and discuss with your family — how you will finance all four years of your college education. You may have filled out the FAFSA and explored your options for funding your expenses.

Private student loans are available through private lenders, including banks, credit unions, and online lenders. Rates and terms vary, depending on the lender. Unlike federal student loans, private student loans will require a credit check. Generally, borrowers (or cosigners) who have strong credit qualify for the lowest rates.

Keep in mind, though, that private loans may not offer the borrower protections — like income-based repayment plans and deferment or forbearance — that automatically come with federal student loans.

The Takeaway

The summer before college starts can be a good time to get organized, spend time with friends and family, connect with your roommate(s), explore your new campus, register for classes, and make sure you’re ready to handle the cost of your education.

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

Should I work the summer before college?

It can be a smart move to work the summer before college, even if you have tuition covered for the upcoming terms. By working, you can save money for incidental expenses or begin an emergency fund.

What is the summer before freshman year good for?

The summer before your freshman year of college is a good time to get acclimated to the school year ahead. It can be wise to consider the supplies you’ll need for your living space and classes; spend time with family and hometown friends, and learn how your new campus operates and what extracurricular activities are available. The summer is also a good time to earn some extra money to put toward your education.

How to be productive the summer before college?

There are a variety of ways to be productive the summer before college. You might get a job, internship, or volunteer position. Or you could organize your belongings as you pack, selling or donating what you don’t need. Another idea is to prepare for your classes, if you know what they are, by securing books and looking at the course syllabus. You could also reach out and begin forging a relationship with your roommate(s).

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.

Over the past few decades, the cost of earning a college degree has soared. For the 2024-25 academic year, the average cost of attendance was roughly $30,000 at in-state public universities, $49,000 for public universities out of state, and $63,000 at private colleges, according to the College Board.

Those figures can feel overwhelming to many families. Fortunately, financial aid can make higher education far more affordable. Generally speaking, there are two main types: gift aid and self-help aid.

Gift aid is financial assistance that typically does not have to be paid back. This includes grants and scholarships, which may be awarded based on financial need or merit. Self-help aid, on the other hand, includes work-study opportunities and loans. It’s referred to as self-help because the student is responsible for taking action, either by working for wages or repaying borrowed funds.

Understanding the differences between these two types of aid can help you make smarter financial decisions for your education. Here, we’ll walk you through how each type of financial aid works, their pros and cons, and how to qualify.

What Is Gift Aid?

Gift aid refers to financial assistance awarded to students that generally does not require repayment. Gift aid can come from various sources — federal or state governments, colleges, private organizations, nonprofit foundations, and even employers.

Here’s a look at the two main types of gift aid:

Grants

Government agencies, private organizations, and colleges award grants to both undergraduate and graduate students, typically based on financial need. Award amounts, eligibility requirements, and application processes vary depending on the grant.

The largest federal grant program available to undergraduate students is the Pell Grant. For the 2025–26 award year, the maximum Federal Pell Grant is $7,395. Other federal grants include the TEACH Grant (for students who want to pursue a teaching career) and Federal Supplemental Educational Opportunity Grant (for undergraduate students with exceptional financial need).

There are also state-specific grants and institutional grants. You generally apply for grants by filling out the Free Application for Federal Student Aid (FAFSA®).

💡 Quick Tip: SoFi offers low fixed- or variable-interest rates. So you can get a private student loan that fits your budget.

Scholarships

There are thousands of scholarships available to help students pay for college. They are offered by schools, employers, individuals, private companies, nonprofits, communities, religious groups, and professional and social organizations.

Scholarships are often awarded based on merit, such as academic achievement, athletic ability, artistic talent, leadership qualities, or a specific field of study. Some scholarships are based on financial need. There are also scholarships that are geared toward particular groups, such as scholarships for women or students who come from military families.

You can find out about scholarships through your high school guidance counselor and the financial aid office at the school you plan to attend, as well as by using an online scholarship database. “Start researching scholarships early, because gathering the required documents and information to apply takes time, and early deadlines are common for large awards,” advises Brian Walsh, CFP® and Head of Advice & Planning at SoFi.

Pros and Cons of Gift Aid

There are both benefits and drawbacks to gift aid. Here are some to keep in mind:

Pros of Gift Aid

•  No repayment required: You typically don’t have to pay the money back, making it the most financially beneficial type of aid.

•  Reduces long-term debt: Every dollar of gift aid is one less dollar you might need to borrow.

•  Can cover a variety of costs: Depending on the award, funds may be used for tuition, fees, housing, books, and other education-related expenses.

•  Can be renewable: Many grants and scholarships can be renewed annually if you continue to meet the requirements.

Cons of Gift Aid

•  Competitive and limited: Scholarships often have strict eligibility requirements and can be highly competitive.

•  May not cover all expenses: Gift aid often doesn’t fully cover the total cost of attendance.

•  Performance requirements: Some awards require you to maintain a certain GPA, be enrolled full-time, or meet other ongoing conditions.

•  Possible impact on other aid: Receiving large amounts of gift aid can sometimes reduce eligibility for need-based aid.

What Is Self-Help Aid?

Self-help aid includes resources that require either repayment or active participation by the student. Here’s a look at the two main types of self-help aid.

Work-Study Program

The Federal Work-Study Program provides part-time jobs for undergraduate and graduate students with financial need, helping them to earn money they can put towards education expenses. These jobs are often located on campus, but they can also be with off-campus nonprofit organizations or public agencies. Work hours also tend to be flexible to accommodate class schedules.

When you get a work-study job, you’ll earn at least the current federal minimum wage. These earnings will be paid directly to you (unless you request otherwise) and can be used for any expenses, not just tuition.

Students apply for work-study through the FAFSA, which determines eligibility based on financial need. If you’re eligible, work-study will likely be included in your financial aid package.

While work-study can be a great way to earn money and gain work experience, it’s important to note that your earnings will depend on how many hours you can work, and the total award is capped at a certain amount per year.

Federal and Private Student Loans

Student loans are borrowed funds that must be repaid with interest. There are two main types of student loans: federal and private.

Federal student loans are offered by the U.S. Department of Education. These loans generally have lower interest rates and more flexible repayment options. You do not have to start repaying federal student loans until after you graduate, leave school, or change your enrollment status to less than half time.

The main types of federal student loans include:

•  Direct Subsidized Loans: Offered based on financial need, the government pays the interest on these loans while you’re in school at least half-time. There are annual (and total) limits on how much you can borrow.

•  Direct Unsubsidized Loans: These loans are not offered based on financial need, but interest will begin accruing from the moment the loan is disbursed. As with Direct Subsidized Loans, there are annual (and total) limits on how much you can borrow.

•  Direct PLUS Loans: These loans are available to parents of dependent undergraduates and graduate/professional students. Eligibility is based on a credit check, and you can currently borrow up to the full cost of attendance, minus other aid. (Note: Grad PLUS loans are being eliminated as of July 1, 2026.)

Private student loans are provided by banks, credit unions, and other private lenders. A credit check is required, so students typically need a cosigner unless they already have a strong credit history. Private student loans often have higher interest rates and fewer borrower protections than federal student loans. However, they come with higher borrowing limits, which can make them useful for bridging funding gaps if federal aid is insufficient.

💡 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.

Pros and Cons of Self-Help Aid

Here’s a look at the advantages and disadvantages of self-help aid:

Pros of Self-Help Aid

•   Accessible to many students: Student loans and work-study programs are widely available.

•   Builds responsibility: Managing work and loan repayment can help students develop time management and budgeting skills.

•   Flexible repayment for federal loans: Federal loans offer options like income-driven repayment, deferment, and loan forgiveness for qualifying borrowers.

•   Work experience: Work-study jobs can build your résumé and help with networking.

Cons of Self-Help Aid

•   Repayment obligation: Loans must be repaid with interest, which can significantly increase the total amount you owe.

•   Potential for debt burden: Borrowing too much can lead to long-term financial strain after graduation.

•   Limited earnings with work-study: Work-study wages are often modest and unlikely to cover major expenses.

•   Time commitment: Balancing work hours with academic responsibilities can be challenging.

Qualifying for Gift Aid and Self-Help Aid

Both gift aid and self-help aid are typically awarded through the college’s financial aid process, and most programs require you to submit the FAFSA each year.

Eligibility for gift aid is often based on:

•   Financial need: Many grants, such as the Pell Grant, are need-based.

•   Academic achievement: Scholarships may require a certain GPA, standardized test score, or other achievements.

•   Special criteria: Some awards are based on factors like major, athletic ability, community service, or demographic background.

How to qualify for self-help aid depends on the type of aid.

•   Work-Study: This is awarded based on financial need as determined by your FAFSA, but also depends on available funding at your school.

•   Federal loans: Students who complete the FAFSA typically qualify for some type of federal student loan, regardless of credit history or income.

•   Private loans: These loans require a credit check, and students without established credit may need a cosigner.

It’s important to meet all deadlines and supply accurate information to maximize your eligibility for any aid.

The Takeaway

When it comes to paying for college, both gift aid and self-help aid can play important roles. Gift aid — grants and scholarships — reduces the cost of college without adding debt, making it the ideal first choice. However, because gift aid alone often doesn’t cover the full cost of attendance, self-help aid like work-study and student loans can help bridge the gap.

A smart approach is to prioritize free money first, then use self-help aid to fill in any remaining needs. Borrow only what you truly need, and be mindful of repayment terms. By understanding your aid options and planning ahead, you can make college more affordable without sacrificing your financial future.

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 difference between gift aid and self-help aid?

Gift aid is financial assistance for college that doesn’t need to be repaid, such as grants and scholarships. It’s often awarded based on financial need, academic merit, or special criteria. Self-help aid, on the other hand, requires the student to take action, either by repaying borrowed money (student loans) or working for wages (work-study programs). While gift aid directly reduces costs, self-help aid helps students manage expenses through debt or employment, so it typically requires more responsibility after receiving it.

Do parents who make $120,000 still qualify for FAFSA?

Yes, FAFSA isn’t itself an income-based approval system. It’s simply the application for federal student aid. While high-income households may not qualify for need-based federal grants like the Pell Grant, they can still access unsubsidized federal loans, work-study (in some cases), and merit-based scholarships awarded by colleges that use FAFSA information in their aid decisions.

What is self-help aid for college?

Self-help aid is financial assistance that requires the student to take an active role in covering education costs, either through repayment or work. The two main forms are student loans, which must be repaid with interest, and work-study programs, where students earn money by working party-time jobs, often on campus. Unlike gift aid, which is essentially free money, self-help aid doesn’t reduce tuition costs. Instead, it provides a way for students to manage their expenses.

What are two types of gift aid?

The two main types of gift aid are scholarships and grants. Scholarships are often awarded based on merit, such as academic achievement, athletic skill, leadership, or artistic talent, though some also consider financial need. Grants are typically need-based and come from the federal government, state programs, or institutions. Both scholarships and grants typically do not require repayments, making them highly desirable forms of aid.

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 Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

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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.

College orientation is an exciting initiation into freshman year and an opportunity to learn about your classes and extracurricular activities, make friends, and get acclimated to your new surroundings.

While it may span just a few days or a week in total, college orientation is packed with information and experiences that can set you up for success over the next four years.

Planning ahead and diving into the details of the orientation schedule is just one of many ways to prepare for college. Although every school operates differently, here are some key college orientation tips and things to expect when you arrive on campus.

When Does Orientation Take Place?

Some college orientations happen in the middle of summer, while others take place right before the beginning of the semester. The earlier variety is typically conducted in smaller groups and may be organized separately for specific programs or majors.

Midsummer orientations often give students the opportunity to stay in the dorms ahead of moving to campus. This can be a useful test run to get acquainted with the dorm life and mingle with fellow incoming students.

What Is an Orientation Schedule Like?

Once the college orientation schedule is available, look out for which parts are mandatory, such as taking a student ID photo and registering for classes, and any optional social, extracurricular, and informational activities that sound interesting or helpful.

College orientation is a time to make friends and get acquainted with college life, but knowing where the dining hall, laundry room, student transportation, and other services are located also comes in handy.

Having a game plan for the orientation schedule will give you an opportunity to invite new acquaintances to attend an event or activity together. At the same time, allowing yourself to go with the flow a bit might alleviate some of the stress.

Compared to a strictly regulated high school schedule, college students are given much more discretion in making decisions for themselves. While this newfound freedom can be liberating, it can present challenges for balancing studying effectively with the fun, social aspects of college.

Orientation is a chance to get acclimated before the pressure of staying on top of schoolwork arises.

Recommended: 10 Ways to Prepare for College

What Happens at Orientation?

The full scope of college orientation will vary by institution. However, there will likely be a mix of instructional and social activities to round out each day. Some topics that are typically covered include:

•   School rules, policies, and code of conduct

•   Meetings with an academic or department advisor

•   Guided tour of campus

•   Skits and role-play activities

•   Ice breakers with a residential advisor and dorm floormates

While some sessions may feel tedious, making a good first impression on a residential advisor, professor, and peers can be invaluable.

Learning About Extracurricular Activities and Campus Life

College orientation usually includes a range of informational and fun activities to introduce students to campus activities. Many student clubs and organizations have tables at orientation or early in the semester to meet and attract incoming students.

Depending on school size and culture, the number of offerings and niches can be vast compared to high school, including intramural sports, Greek life, theater troupes, and culture clubs.

Learning the Lay of the Land

After the guided tour, you may want to spend some time going over (and memorizing) how to get to the dining hall, student center, and your classrooms — this can save you lots of time and potential embarrassment from being late on the first day of classes. Classrooms may be organized by department in different buildings across campus.

During college orientation, you may also be able to join group outings to explore your college town or sign up for guided shopping trips to pick up groceries, cleaning supplies, and other dorm essentials.

Moving Into the Dorms

At colleges that hold orientation directly before the beginning of the semester, you may be able to sign up in advance for a block of time to park and transport your belongings into your dorm room.

With many students and families arriving on the same day, the scene can be a bit of a frenzy. Keep an eye out for registration emails prior to orientation to snag a good move-in time.

Mid to late morning is often a safe bet to get ahead of the crowds and summer heat. Also, packing efficiently can save time and stress on move-in day.

Beyond studying and sleeping, dorms are a social hive for freshmen students. A helpful college orientation tip: Setting up a welcoming, furnished dorm room is a great way to prepare for movie nights and parties with newfound friends.

Recommended: College Freshman Checklist for the Upcoming School Year

Downtime for Socializing

The orientation schedule tends to wind down in the afternoon and early evening, allowing students plenty of time to hang out and get to know each other. Keeping that in mind may help you resist the urge to skip important orientation sessions to meet up with new roommates and friends.

What About Parents and Family?

While starting college is an exciting time, it can also feel bittersweet for students, parents, and other family members. To honor the occasion, many colleges incorporate group activities, lunches, and festivities for students and families to partake in together during the first day or two of orientation.

Before saying goodbyes, parents and family members may be able to join a separate orientation to prepare them for the transition. Usually, these sessions are intended to provide guidance to support students and offer insight into their child’s life at college.

They are also an opportunity for families to meet other families, as well as learn about resources and noteworthy events, such as family weekend and homecoming.

Paying for College

College orientations may also offer sessions about navigating the financial aid system. Tuition, books, and other educational costs aren’t cheap, and everyone’s financial situation is different.

Financial aid sessions may cover aid distribution dates, when tuition is due, how to pay tuition, and how to add money to student accounts for incidentals. Parents and students may want to attend this session together to ask questions that come up during the discussion.

Fortunately, there are a variety of ways to pay for higher education. In addition to saving for college ahead of time, there are several options to consider when creating a plan.

Scholarships

Scholarships are awarded to students by community organizations, private foundations, nonprofits, colleges, and other groups. The criteria for earning a scholarship varies, though many focus on academic achievement, financial need, or program of study.

According to Sallie Mae’s “How Americans Pay for College” 2023 report, approximately 61% of college students received scholarship money during the 2022-2023 academic year.

Many scholarship applications open before college starts, though there may be additional opportunities once college begins. Researching scholarships in your hometown and college is a great place to start.

Online resources, such as collegeboard.org and SoFi’s Scholarship Search Tool, keep an updated list of scholarships as well. Applying early for scholarships may be an advantage, as some large awards may have early deadlines. For instance, some scholarships stop accepting applications during the fall for distribution the next school year.

Grants

Like scholarships, grants are financial awards given to students to pay for their education — they do not have to be repaid. The main difference is that grants are usually based on need instead of academic merit. By completing the Free Application for Federal Student Aid (FAFSA), you can find out what aid you are eligible for, including the federal Pell Grant Program or state-wide grant opportunities.

Work-Study

Many college students pick up a part-time job to help pay tuition and living expenses. One way to secure work is through Federal Work-Study , a program that employs qualified college and graduate students in on- or off-campus jobs. Pay varies, but participants will earn at least minimum wage.

Work-study eligibility is based on several factors, including family income and enrollment status, and is offered as part of a student’s financial aid package.

A job is not guaranteed even if work-study is awarded. Early application is key because a school’s program funds may be limited and jobs are awarded on a first-come, first-served basis.

Student Loans

Whether or not you receive a scholarship, grant, or work-study, there are several student loan options you might want to consider applying for.

Federal student loans, which are either subsidized or unsubsidized, are offered as part of a student’s financial aid package. If you qualify for a subsidized student loan (which is based on need), interest won’t begin to accrue until six months after you graduate. With an unsubsidized federal student loan, interest begins to accrue right away (though you can defer making any payments until six months after you graduate). Interest rates on federal student loans are fixed; for the 2025-2026 academic year, the rate for a subsidized or unsubsidized federal loan is 6.39%.

Federal student loans come with such protections as deferment and income-driven repayment plans.

Private student loans from banks, credit unions, and online lenders may help fill any remaining gaps in paying for college. These loans are not subsidized or need-based, and their interest rates may be fixed or variable.

To apply for a private student loan, you generally fill out a loan application either alone or with a cosigner. Rates vary depending on the lender, but borrowers with excellent credit typically qualify for the lowest rates. These loans, however, don’t come with the same benefits as federal student loans and the rates are typically somewhat higher, so it’s generally worthwhile to first see what federal aid you can access.

The Takeaway

College orientation is an important and exciting time for students where you learn about the campus, classes, extracurricular activities, and your fellow students. It’s a good opportunity to get acclimated and embark on your independent life as a college student. You’ll also learn what supports are there, whether that means dealing with your academic workload, homesickness, or financial aid concerns.

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 should you expect at college orientation?

College orientation typically introduces you to your school, such as campus tours, extracurriculars, and financial aid practices. In addition, it gives you the opportunity to take part in fun events, meet your dorm mates and RAs, interact with university staff, and get accustomed to how college life operates.

Is it important to go to college orientation?

In general, it’s a smart move to go to college orientation. It’s a valuable introduction to college life, and it can help a student successfully transition into life at their new school. You’ll learn about where things are, academic expectation, extracurricular activities, and available resources, as well as meeting other students and university staff.

How long is college orientation?

The length of college orientation varies dramatically from school to school. In some cases, it only lasts a matter of hours; in others, it can be several days or even a week.

Do parents go with you on school tours?

The answer to whether parents go with you on school tours is that it can depend. Some students and parents definitely want to take tours together and discuss what they have seen and heard. Other students would rather go solo or visit campuses with a couple of their friends or a sibling. Lastly, don’t be surprised if a school divides the tour up into two kinds of groups, one for students and one for parents. That can be a way for students to develop their own independent view of the campus.

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.

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).

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

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