Transitioning from Undergraduate to Graduate Financial Aid (Same Academic Year)
Transitioning from Undergraduate to Graduate Financial Aid (Same Academic Year)
If you’re graduating during the Fall or Spring term and will be continuing your education as a graduate student within the same academic year, there are a few important steps you must complete to receive graduate-level financial aid.
1. Update Your FAFSA
Review your current year FAFSA and check how you answered the question:
“What is your current grade level?”
- If you selected Junior or Senior, you must submit a correction.
- Update your answer to: “College Graduate, Professional, or Beyond.”
This update is required to reflect your new graduate student status and determine your eligibility for graduate-level financial aid.
2. Complete Graduate Loan Requirements
After submitting your FAFSA correction, you must complete the following graduate student loan requirements:
- Master Promissory Note (MPN) for Graduate Students
- Direct Loan Entrance Counseling for Graduate/Professional Students
These steps are required before graduate loan funds can be processed.
3. Review Your Financial Aid Offer
Once your FAFSA correction has been processed:
- Our office will review your updated information
- Determine your eligibility for graduate-level aid
- Post your financial aid offer to your student account
You will then be able to review and accept your awards.
Need Help?
If you have any questions or need assistance, please contact our office at 870-972-2310.