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Welcome !

Welcome !. Taft Law School 3700 South Susan Street, Suite 200 Santa Ana, CA 92704 800 882-4555 714 850-4800. Taft Law School’s Financial Aid Process.

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Welcome !

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  1. Welcome ! Taft Law School 3700 South Susan Street, Suite 200 Santa Ana, CA 92704 800 882-4555 714 850-4800

  2. Taft Law School’s Financial Aid Process Welcome to Taft Law School. There are four steps in completing your financial aid paperwork. Once Taft Law School receives and reviews FAFSA information from the Department of Education, additional documentation may be required. If so, Taft Law School Financial Aid Office will contact you with further instructions. If at any time you have any questions, please contact the Financial Aid Office at Taft Law School and we will be more than happy to assist you.

  3. What Does Taft Law School Participate In? Taft Law School participates only with Federal Direct Loan Programs Taft Law School does NOT participate in the following Federal Aid Programs: • Federal Perkins Loan, • Federal Pell Grant, • Academic Competitiveness Grant, • National SMART Grant, and • Federal Supplemental Educational Opportunity Grant

  4. What Programs are Eligible for Financial Aid at Taft Law School The Taft University System participates in the Federal Direct Loan Programs for its Juris Doctor-Attorney Track Program and Juris Doctor-Executive Track Programs taught via Telecommunications Courses only. It is important to note that students enrolled in all other University programs (including the Juris Doctor-Attorney Track Independent Study Programs and the Juris Doctor-Executive Tract Independent Study Programs) are NOT eligible for these loans.

  5. What Are Federal Direct Loans: Federal Direct Loans are low-interest loans for students to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education rather than a bank or any other financial institution.

  6. Interest Rates All Federal Direct Unsubsidized Loans for Graduate borrowers have a fixed interest rate that will be based on the first disbursement date as listed below: 6.8% on Loans first disbursed on or after July 1, 2012 5.41% on Loans first disbursed on or after July 1, 2013

  7. Before You Begin to Complete Your Financial Aid Paperwork: The Department of Education will match the name you have in your application with your information on file with the Social Security Administration Data System. Your name on all Taft enrollment and Financial Aid forms must match the name on your Social Security Card.

  8. First Step in Completing Your Financial Aid Paperwork: If you do not have a PIN, you can be directed to the following site from Taft’s website under the Financial Aid link or from the Federal Direct Loan website. If you already have a PIN skip to page #12 https://studentloans.gov/myDirectLoan/index.action Once you have your PIN you will need to complete the following: • Complete a FAFSA – Free Application for Federal Student Aid • Complete a Master Promissory Note • Complete Entrance Counseling

  9. STUDENT LOAN HOME PAGE

  10. PIN REQUEST

  11. PIN REQUEST • Under “Tools and Resources” • Click on “Apply for A PIN” • If you already have a PIN skip to page #12 • This will take you to the PIN Website • Click on “Apply Now” • Click on the “Next” button on the lower right hand side • Complete your personal information • Password – Do not share your PIN with anyone • Hit “Submit”

  12. Step Two in Completing Your Financial Aid Paperwork: Once you have received your PIN from the Department of Education, you will need to complete step two: Complete your FAFSA: Free Application for Federal Student Aid https://studentloans.gov/myDirectLoan/index.action for the 2013-2014 Award Year

  13. Completing Your FAFSA Application

  14. FAFSA – Free Application for Federal Student Aid Get help paying for college Submit a Free Application for Federal Student Aid (FAFSA) •Start or continue your FAFSA •Correct your FAFSA •Check the status of your FAFSA, and more

  15. FAFSA – Free Application for Federal Student Aid Under “Resources and Tools” • Go to “FAFSA” • Click on “Start Here” • Enter your First Name, Last Name, Social Security Number and Date of Birth • Click on “New FAFSA” if you did not complete one for the prior year. • Click on “Renew” if you completed one for last year. • Taft’s School Code: • G41004

  16. Steps Three and Four Log in by using your PIN to complete a Master Promissory Note and Entrance Counseling.

  17. What Happens If Once I’m Done with School I Can’t Pay My Loans: It is important that you contact the Federal Student Loan Servicer who services your loans and speak to a representative to discuss your financial status and options. What is a Federal Student Loan Servicer? A loan servicer is a company that handles the billing and other services on your federal student loan. The loan servicer will work with you on repayment plans and loan consolidation and will assist you with other tasks related to your federal student loan. It is important to maintain contact with your loan servicer. If your circumstances change at any time during your repayment period, your loan servicer will be able to help.

  18. Federal Student Loan Servicer Federal Student Loan Servicers can help you with the following: • Lower payments, deferment, forbearance, etc. • You can choose from several repayment plans that are designed to meet the needs of almost any borrower, and you can switch repayment plans if your circumstances change. You can find your Federal Student Loan Servicer(s) by reviewing your prior loan history on the National Student Loan Data System for Students website: www. nslds.ed.gov/nslds_SA/

  19. How Much Financial Aid Can I Borrow If I’m an Independent Graduate Student INDEPENDENT GRADUATE/PROFESSIONAL STUDENT • Effective July 1, 2012 the Department of Education no longer offers Federal Direct Subsidized loans for Graduate/Professional Students. • However Students may be eligible for up to $20,500 in Federal Direct Unsubsidized loans. • Maximum Total Debt from Federal Direct Stafford Loans Upon Graduation: $138,500 – No more than $65,500 of this amount may be in Subsidized loans THE GRADUATE DEBT LIMIT INCLUDES FEDERAL DIRECT STAFFORD LOANS RECEIVED FOR UNDERGRADUATE STUDY.

  20. Questions? If you have any questions or concerns, please contact Taft Law School’s Financial Aid Office. FINANCIAL AID OFFICE BUSINESS HOURS: EMAIL: Financial_Aid@TaftU.edu Monday – Friday 10:00 am to 4:00 pm

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