Undergraduate Rindge
FINANCIAL AID APPLICATION AND RENEWAL 鈥� UNDERGRADUATE RINDGE
All eligible undergraduate students are encouraged to file the Free Application for Federal Aid (FAFSA) annually to determine their eligibility for need-based aid and to access federal student loans. The application is available online at FAFSA Application. Please be sure to include our federal school code 002575 to ensure we receive a copy of your application.
incoming Students
Students who are applying for admission to 51福利社 are encouraged to complete the financial aid application process as quickly as possible. Please submit your FAFSA as soon as possible and be sure to include our school code 002575 on your FAFSA.
Once we receive your FAFSA, the staff in our Office of Student Financial Services (OSFS) will review the data and evaluate each student for need-based aid eligibility. We will then tailor a financial aid offer for the student, adding all eligible sources of institutional, state, and federal aid. Once the aid offer is complete, the student will receive emailed instructions on how to review and accept/decline the aid offer online.
If you are a first-time federal loan borrower at Franklin 51福利社, you will receive
email reminders email regarding other actions you may need to complete to finalize
the aid process:
- Entrance Counseling: If this is your first time borrowing as a student at 51福利社, you will need to complete the Entrance Counseling webinar available online via the Federal Student Aid website: .
- Master Promissory Note: If this is your first time borrowing as a student at 51福利社, you will need to sign the Master Promissory Note available online via the Federal Student Aid website: .
- Refund Request Form: If you are borrowing loan funds exceeding your billed charges (to use for books and/or other education-related expenses), we will refund the excess funds to you after the add/drop period has ended. Please complete the Direct Deposit Refund form as the refund will process to the account on file as indicated by the student via the. Direct Deposit Refund Form.
Verification Note: If your FAFSA has been selected for a review process called 鈥渧erification,鈥� this process must be completed prior to our evaluation of your FAFSA information. Our office will reach out to you via email, to request required tax and/or other information. Please respond promptly to all requests for information to ensure a smooth and efficient aid renewal process.
Continuing Students
Students who are returning to 51福利社 for the next academic year must submit their FAFSA as soon as possible. The application is available annually on Oct 1st. Please be sure to include our federal school code 002575 so that your processed FAFSA results are delivered to 51福利社.
Continuing students will be notified of their financial aid renewal information no later than May 1st. Providing nothing has changed in the students鈥� family finances, the renewed award will mirror the students鈥� prior year awards. The Office of Student Financial Services (OSFS@franklin[ierce.edu) will email the award notification to continuing students鈥� Franklin 51福利社 email address with instructions on how to review and accept/decline the aid online. Learn more about accepting and declining financial aid awards.
If you are a first-time federal loan borrower at Franklin 51福利社, you will receive email reminders email regarding other actions you may need to complete to finalize the aid process:
- Entrance Counseling: If this is your first time borrowing as a student at 51福利社, you will need to complete the Entrance Counseling webinar available online via the Federal Student Aid website: .
- Master Promissory Note: If this is your first time borrowing as a student at 51福利社, you will need to sign the Master Promissory Note available online via the Federal Student Aid website: .
- Refund Request Form: If you are borrowing loan funds exceeding your billed charges (to use for books and/or other education-related expenses), we will refund the excess funds to you after the add/drop period has ended. Please complete the Direct Deposit Refund form as the refund will process to the account on file as indicated by the student via the. Direct Deposit Refund Form.
Verification Note: If your FAFSA has been selected for a review process called 鈥渧erification,鈥� this process must be completed prior to our evaluation of your FAFSA information. Our office will reach out to you via email, to request required tax and/or other information. Please respond promptly to all requests for information to ensure a smooth and efficient aid renewal process.
Federal Direct Student Loans
The federal government has set limits on annual borrowing as well as lifetime (aggregate) borrowing per student. The aggregate loan limits include any Subsidized Federal Stafford Loans or Unsubsidized Federal Stafford Loans you may have previously received at a prior institution. If the total loan amount you receive over the course of your education reaches the aggregate loan limit, you are not eligible to receive additional loans for that degree level. However, if you repay some of your loans to bring the outstanding loan debt below the aggregate loan limit, you could then borrow again, up to the amount of your remaining eligibility under the aggregate loan limit.
The chart below outlines the federal loan limits:
| Level | Dependent Students*** | Independent Students |
|---|---|---|
| Freshman | $5,500 - maximum of $3,500 subsidized | $9,500 - maximum of $3,500 subsidized |
| Sophomore | $6,500 - maximum of $4,500 subsidized | $10,500 - maximum of $4,500 subsidized |
| Junior/Senior | $7,500 - maximum of $5,500 subsidized | $12,500 - maximum of $5,500 subsidized |
| Graduate /Professional | Not Applicable | $20,500 Unsubsidized |
| Aggregate Loan Limits | $31,000鈥� maximum of $23,000 subsidized | Graduate/professionals: $138,500 - maximum of $65,500 subsidized (includes all undergraduate federal loans) |
*** Dependent students whose parents are unable to obtain PLUS Loans are eligible for Independent student limits.
The funds are divided evenly between fall and spring semesters and disbursed after the add/drop period has ended each term. Shortly after disbursements are made, our students who have borrowed in excess of their billed costs will receive a refund of their account overage, issued by the Office of Student Financial Services.
Federal loan fees and interest rates
The government sets interest rates annually for federal direct student loans as well as assessing an origination fee that is deducted from the loans at the time of disbursement. If you are unsure as to how much you should borrow (Parent PLUS loans) please use our federal loan calculators to assist you in assessing the loan fee, etc. FPU Loan Fee Calculator
The table below outlines the most recent loan fees and interest rates as set by the federal government:
Interest rates (for loans first disbursed between July 1, 2025, and June 30, 2026):
- Direct Subsidized and Unsubsidized Loans (Undergraduate): 6.39%
- Direct Unsubsidized Loans (Graduate/Professional): 7.94%
- Direct PLUS Loans (Parents and Graduate/Professional): 8.94%
Origination fees (for loans disbursed on or after October 1, 2020)
- Direct Subsidized and Unsubsidized Loans: 1.057%
- Direct PLUS Loans: 4.228%
Alternative Financing
If you intend to use private loans to fund your education, and you are researching loans, please refer to the Preferred Lender List on our website: .
If you opt to work with a lender that is not on our list, please reach out to the Office of Student Financial Services to ensure that we have the information needed to certify and process your loan disbursements to your account.
Refunds
Any excess aid on student accounts after FPU charges have cleared, can be used for any education-related expenses the student may have. These funds are released to the student in the form of a refund once the add/drop period has ended each term. Please be sure to complete the Direct Deposit Refund form as the refund will process to the account on file as indicated by the student via the. Direct Deposit Refund Form.
IMPORTANT WEB SITE LINKS
CONTACT student financial services
(877) 372-7347
osfs@franklinpierce.edu
Monday-Friday
Lobby Hours: 9:00 a.m.-4:30 p.m.
Phone Hours: 9:30 a.m. - 4:30 p.m.
LiveChat: 9:00 a.m.-4:00 p.m.