Once you've accepted your aid package, you need to know how to keep it. Check out these simple tips you can use to hang on to your educational funding.

• Watch Deadlines. File forms and paperwork before the deadlines. Be sure to complete your Free Application for Federal Student Aid (FAFSA) online every year. Ask if your school's financial aid office requires additional paperwork beyond the FAFSA.
• Read the Fine Print. When accepting a financial aid package, keep the paperwork in a safe place in case you need to look at it again. Details like interest rates and aid renewal information could be important later.
• Aid Changes. Your financial aid package may change throughout the academic year, even if you already received an award letter or signed a contract. The financial aid office is required to notify you of changes, so read carefully any information they send.
• Get a Specialist. If you have questions about your financial aid package, feel free to call or email your school's financial aid office. The experts on the other end of the line are ready to help.
• Update Income Info. If you are currently employed, your income may influence your future financial aid. Provide accurate income information on your FAFSA in order to receive a financial aid plan that fits your situation.
• Study Hard. Some scholarships and grants require you to maintain a certain grade point average (GPA). Notify your school's financial aid department immediately if you feel you are in danger of dropping below the GPA minimum.
• Maintain Student Status. Your student status may affect the amount of aid you receive. If you drop below part time, you may lose an award that requires a specific enrollment. On the other hand, you could be eligible for more financial aid if you bump up your hours to full time.

It's a great feeling to know that your financial aid package is secure for another year. Educate yourself on the details of your financial aid to keep your finances in order and your education on track.