Students who have previously attended other colleges may have a financial aid history that adversely affects their eligibility for federal student aid funds at their current college. A student's financial aid history is maintained and can be reviewed using the National Student Loan Data System (NSLDS). NSLDS can also help track changes to the student's financial aid history through the Post-screening and Transfer Monitoring processes. In general, a student is not eligible for federal student aid grant or funds if he or she is in default or owes a repayment on a federal student aid grant or loan. Similarly, a parent may not borrow a PLUS Loan on the student's behalf if either the student or the parent is in default or owes a repayment on a federal student aid grant or loan. Students are also ineligible if they have exceeded annual or aggregate loan limits.
When the FAFSA is processed, the CPS matches the student's FAFSA information with the student's financial aid history in the National Student Loan Data System (NSLDS) to see if the student is in default, owes an overpayment or has exceeded loan maximums.
The results of the NSLDS match are provided on the Student Aid Report (SAR) on the NSLDS Financial Aid History page and in the FAA Information Section.