A student who has inadvertently overborrowed Federal Student Loans is not eligible for additional Title IV Federal Student Aid until they have resolved the overpayment. A student who has inadvertently overborrowed may regain Title IV eligibility by making satisfactory repayment arrangements acceptable to the loan servicer. Learn more at studentaid.gov or by contacting your loan servicer.
This requirement can be met if the student agrees in writing by completing the reaffirmation agreement form to their lender that requires a student to repay the excess amount according to the terms and conditions of the promissory note that supported the loan. This is called “reaffirmation.”
The Office of Student Financial Assistance can only help complete reaffirmation forms for students who are enrolled and seeking aid at The Catholic University of America.