Organization can go a long way in managing your funds. Each year, create a folder titled "Financial Aid."
Keep in it all forms, important emails, letters, award offers, bill printouts, and related financial aid documents. The various documents you receive will provide crucial information on your financial aid and your obligations. Loan paperwork, in particular, will provide eligibility information, when and how you will begin repayment, and details on your accumulated debt.
By keeping all of your financial aid information at ready reference, you can more easily answer questions you may have about the process.