Most financial aid will not automatically transfer with you. Your federal student aid will not automatically transfer. Make sure you understand what to do to get federal student aid at your new school (below) and what factors might affect your eligibility for aid at the new school.

What happens if you transfer to another college?

Transferring to another college is not like applying to college the first time. Your high school transcript and test scores will take a back seat to your college transcript. Colleges have different policies for transfer students but typically expect you to have acquired a minimum number of credits.

What happens to your credits when you transfer?

The ability to transfer previously earned college credits can help reduce the amount of time (and money) a student must spend working toward a new degree. The good news is that, in most cases, college credits that have previously been earned may remain valid and do not expire.

Will I lose credits if I transfer colleges?

The answer is yes, though the same restrictions apply as when you’re transferring credits from a unfinished bachelor’s program in order to finish it at another school. The main reason people transfer credits from a completed degree is usually to make a career change.

Can you transfer financial aid from one school to another?

Transferring financial aid from one school to another needs to be at the top of your to-do list when you are changing schools. When you apply for a loan, the office of Federal Student Aid sends your FAFSA information to the 10 schools you listed on your application.

What happens when you transfer to a new school?

Your original school took that need into consideration when creating your award letter to see how much aid they would give you. Any aid given directly by your original school will not continue as you transfer. Instead, the new school will calculate the amount of aid they can give you as per their own aid programs.

Can You get Your FAFSA back if you go to another school?

If you receive your FAFSA® student financial aid from your current school, you probably won’t be able to get your aid back unless you improve your academic progress. The good news is you can apply for a new student financial aid package at your new school.

What happens when you transfer from Community College to college?

When you transfer from a community college to a more expensive four-year school, federal loans and grants may not be enough to cover the total cost of attendance. If you hit the maximum loan limit, you might need other financing help.