![]() How-To Adjust My Financial Aid in Navigatorīefore accepting the loan, we strongly advise students to review their current account activity, charges, anticipated refunds, and financial situation.How-To: View My Financial Aid in Navigator The Student Loan Consolidation and Debt Payoff calculator applies two simple principles to paying off high-interest debt.For information on viewing your financial aid and accepting or declining your loan in Navigator, please visit: You can accept or decline your offered loan(s) through your Navigator account. How do I adjust my Financial Aid amount in Navigator? You will be sent a disclosure statement from your federal loan servicer, which tells you the amount of your loan and all additional terms of the loan, including the specific loan fee you are charged at or before the first disbursement of your federal loan. How will I receive information about my loan? For information on current loan fees, please visit. You will be required to pay the full loan amount back, including the amount taken for the loan fee. The loan fee cannot be waived or removed. The loan fee will reduce the total loan amount that will be disbursed to your account at Salem State you must consider the loan fee when accepting your loan. This means the actual disbursement amount you will receive will be less than the amount you must repay. ![]() The loan fee is proportionately deducted from each loan disbursement. Looking to make a one-time large extra payment toward your student loans See how much money youll save on interest and the time youll save on repayment. The loan fee is a percentage of the loan amount you initially borrowed. Department of Education will charge you a loan fee. When you borrow a federal student loan, the U.S. You may use this tool multiple times with varying amounts to determine how much you want to accept in your Navigator Financial Aid tile.
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