Reaffirmation

If you inadvertently received federal student loan funds under the Direct Loan Program or the Federal Family Education Loan (FFEL) Program in excess of your borrowing limit, you're ineligible for additional federal student aid unless you repay the excess loan amount in full, or agree to repay the excess loan amount in accordance with the terms of the promissory note that you signed. Agreeing to repay the excess loan amount in accordance with the terms of the promissory note is called “reaffirmation.” You can reaffirm an excess loan amount by signing a reaffirmation agreement with your loan servicer.