What Is the FSA ID?
Students headed to college and borrowers repaying federal student loans are familiar with the PIN, or personal identification number, that was needed to access the Free Application for Federal Student Aid (FAFSA) and the U.S. Department of Education’s websites.
To better protect consumers’ privacy and make access easier, the Federal Student Aid (FSA) office of the U.S. Department of Education has now transitioned to a secure login system called FSA ID. Here are the top questions and answers for the FSA ID.
Q: Do I need an FSA ID?
A: If you have or plan to take out federal student loans, or you are the parent of a dependent student who will have federal student loans, yes, you will need an FSA ID. You will use it to complete, update and sign the FAFSA; complete required entrance and exit counseling; sign for federal student loans; view information about your federal student loans and other repayment activities.
Q: Which sites do I access with the FSA ID?
A: You will need an FSA ID to access the following FSA and Department websites:
- fafsa.gov to complete, update and sign the Free Application for Federal Student Aid
- http://studentaid.ed.gov to learn about and apply for financial aid and to manage federal student loans
- nslds.ed.gov to view information about all your federal student loans
- http://studentloans.gov to complete entrance and exit counseling, sign Master Promissory Notes (MPNs), estimate payment amounts and complete agreements and counseling for the Teacher Education Assistance for College and Higher Education Grant (TEACH Grant) program
- teach-ats.ed.gov to apply for and manage the TEACH Grant
Q: How do I set up the FSA ID?
A: Go to http://studentaid.gov/FSAID to learn more about the FSA ID and create yours. You will need to supply a valid email, a unique username and password; enter personal information and agree to the terms and conditions. You have the option to verify your email address, which will let you retrieve your username or reset your password without answering challenge questions.
The entire process only takes a few minutes, and you’ll be able to use your FSA ID to access the above sites within one to three days.
Q: Can I still use my Federal Student Aid PIN?
A: No. But you can link your Federal Student Aid PIN to your FSA ID to gain immediate access to the sites above while your FSA ID information is verified.
Q: What if I don’t remember my Federal Student Aid PIN or don’t have one?
A: You don’t need a Federal Student Aid PIN to create an FSA ID.
By: Iowa Student Loan