# 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**
    - **[https://studentaid.gov/mpn/](https://studentaid.gov/mpn/)**
- **Direct Loan Entrance Counseling for Graduate/Professional Students**
    - **[https://studentaid.gov/entrance-counseling/](https://studentaid.gov/entrance-counseling/)**

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**.