The U.S. Federal government provides over 75% of financial
aid awarded to students attending a college, university, professional,
technical, vocational, or accredited school in the United
States. The federal government offers several grant, loan,
and work-study programs to help you pay for your education.
In order to receive financial assistance from the federal
government, you must complete the Free
Application for Federal Student Aid (FAFSA).
The Free Application for Federal Student Aid (FAFSA) is used
by the U.S. Department of Education to determine your Expected
Family Contribution (EFC) and eligibility for certain Student
Financial Assistance (SFA) Programs. Many state education
agencies and institutions also use the information submitted
on your FAFSA to determine your eligibility for their state
and institutional aid, respectively.
| Student
Financial Assistance (SFA) Programs consist of: |
| • |
Federal
Pell Grants |
| • |
Campus-Based
Programs:
• Federal Supplemental Opportunity Grants (FSEOG)
• Federal Work-Study (FWS)
• Federal Perkins Loans |
| • |
Federal Family
Education Loan (FFEL) Program:
• Federal Stafford Loans (subsidized and unsubsidized)
• Federal PLUS Loans |
| • |
William D.
Ford Federal Direct Loan (Direct Loan) Program:
• Direct Loans (subsidized and unsubsidized)
• Direct PLUS Loans |
The
Student Guide is the most comprehensive resource
on student financial aid from the U.S. Department of Education.
This guide will provides detailed information about: student
eligibility, financial need, dependency status, applying,
special circumstances, withdrawals, deadlines, types of Student
Federal Aid (award amounts, interest, etc.), borrower responsibilities
and rights, important terms, telephone numbers and web sites,
and more. This publication is updated each award year. The
Student Guide is available in English and Spanish, in
which you can download a copy from the U.S
Department of Education’s web site.
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