The FAFSA, Free Application for Federal Student Aid will determine the application, whether you qualify for federal student financial assistance in question come from and what kind of help you are entitled to. Not all students are eligible for all scholarships. In short, the Federal Academy for utilities you have on the FAFSA grants, work study and student loans. Below is a partial list of Federal Financial support:
Federal Pell Grant - For students withdemonstrated need
Federal Supplemental Educational Opportunity Grant - For students with demonstrated need
Academic Competitiveness Grant - For students who are awarded Pell Grant, U.S. citizens and pursue a rigorous high school curriculum
National Science and Mathematics Access to Retain Talent Grant - Pell Grant for eligible juniors and seniors in the school eligible to reach the majors and maintain minimum 3.0 grade point average
FederalWork study - a subsidized campus based student employment program
Federal Perkins Loan - Low interest student loans for students with demonstrated need
Subsidized Student Loan, or Direct Stafford - The U.S. government pays the interest on these loans while the student in school and for 6 months after leaving the school students or graduates
Mobile phone contract Student Loan, or Direct Stafford - The interest on these loans while the students in the school.No demonstrated need necessarily
Direct Stafford Loan or PLUS - Parent Loans for students. Loan issued in the name of a parent for the education expenses of students. PLUS loans are now eligible for Graduate students
Note that the above list represents only the federal aid programs. Your state may provide their own loans, or programs that you should be aware of. Contact your school financial aid office or your high school counseling todetermine the requirements for state aid.
While there are many programs exist, not all students are entitled to receive them. All federal programs have eligibility requirements. The basic eligibility requirements are:
According to financial need based on your FAFSA data demonstrated
After the U.S. citizenship or eligible non-citizen status with a valid Social Security Number
A diploma or certificate seeking student in an eligible program
Have a highSchool or equivalent
Be registered with the Selective Service, if you are required to be registered
Maintain satisfactory academic progress once in school (your institution sets its own standards of satisfactory academic progress. They are aware of these expectations)
Now that you know of what is expected of you, did you know that the federal government has high expectations of universities? To Title IV eligible (eligible Federal CodeFederal controls and subsidies to eligible institutions), an institution must be accredited, calculate and publish the school loan rate, the employment rate and its graduation statistics. The school financial aid office to the public place and hour of counseling staff, types of aid available, in accordance with procedures and deadlines for the individual assistance program and the procedure for the selection of financial aid recipients.
The FAO (financial aid office) must bemake it clear method for determining the financial, its packaging process need, its method of financial support payments, the satisfactory academic progress standards and the details of your work study job if you are awarded a.
You should be aware now that the financial aid process is a federal commitment, the university that you attend, and you. Everyone has to do his work, to follow its processes and keep their standards.Their role in the process as well as students and consumers can not be overstated.
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