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OFFICE OF STUDENT FINANCIAL SERVICES P.O. Box 2216 | Decatur, AL 356092216 (256) 3062980 | calhoun.edu/financialaid20202021 Federal Student Loan Change/Request Application ___ Last NameFirst NameCalhoun
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How to fill out 2020-2021 federal student loan

01
Gather all the necessary documents such as your Social Security Number, driver’s license, and tax returns.
02
Visit the official website of the U.S. Department of Education and navigate to the federal student aid section.
03
Create an FSA ID if you don't already have one. This will serve as your username and password for accessing federal student aid websites.
04
Start the Free Application for Federal Student Aid (FAFSA) form. Provide accurate and up-to-date information about yourself and your financial situation.
05
Choose the schools you want your information to be sent to. You can list up to 10 schools.
06
Review your FAFSA form for any errors or missing information, and make the necessary corrections.
07
Sign and submit your FAFSA form. You can electronically sign using your FSA ID.
08
Wait for your Student Aid Report (SAR) which will summarize the information you provided on your FAFSA form.
09
Review your SAR and make any corrections if needed.
10
Stay in touch with the schools you listed on your FAFSA form to complete any additional requirements.
11
Keep track of your financial aid offers and compare them carefully before making a decision.
12
Finally, accept the federal student loan offer that suits your needs and follow the instructions provided by the lender to finalize the loan process.

Who needs 2020-2021 federal student loan?

01
The 2020-2021 federal student loan is designed for individuals planning to pursue higher education and require financial assistance to cover the costs. Students who are enrolled or planning to enroll in an eligible degree or certificate program at a college, university, or vocational school can benefit from the federal student loan. Additionally, parents of dependent students may also need to apply for a federal student loan to support their child's education. It is important to note that eligibility criteria, such as citizenship, income, and academic progress, must be met to qualify for the loan.
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A federal student loan change request is a formal process through which borrowers can request modifications to their existing federal student loans, such as changes in repayment plans, deferment, or forbearance.
Borrowers who wish to modify the terms of their federal student loans or need assistance managing their repayment options are required to file a federal student loan change request.
To fill out a federal student loan change request, borrowers should obtain the appropriate form from their loan servicer, complete the required information, and submit the form according to the instructions provided.
The purpose of a federal student loan change request is to allow borrowers to restructure their loan repayment terms based on changes in their financial situation or needs.
Borrowers must report personal information such as name, Social Security number, loan details, current financial situation, and the specific changes being requested.
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