Find out financial aid and scholarship deadlines. Cancel disbursements of loans at your present school, then reapply at your new school if you transfer in mid-year. School procedures and processing time may vary. Find out deadlines for submitting all required financial aid forms and financial aid transcripts, and ask about anticipated dates for awards. Request scholarship information.
Some schools have special scholarships for transfer students.
The academic departments may also have scholarships for students in a particular discipline. Maintain continuous enrollment. Your new loan certification may not reach your lender in time to prevent you from entering your grace period or repayment. Therefore, complete an enrollment verification form, have the school certify it, and send it to the lender immediately. If you don't notify your lender or servicer that your graduation date has changed, then you may have to start repaying your loan months, even years, earlier than you expected.