Coronavirus Answers to common questions about how the COVID-19 pandemic is impacting financial aid Applying for Aid Don’t let FAFSA get you flustered. You can find many helpful answers to tax questions here. Forms Stumped while filling out a financial aid form? Check out answers to commonly asked questions. Receiving Aid Questions about disbursement, Satisfactory Academic Progress (SAP) or direct deposit? Get answers about receiving aid here. Types of Aid Dig deep into the details on scholarships, loans and other types of aid. Loan Forgiveness Federal Student Aid has announced loan forgiveness plans of up to $20,000 for prior Pell-Grant recipients and up to $10,000 for all other loan borrowers.