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• Financial Aid • What exactly is financial aid? • Its financial help if you’re enrolled in an *eligible academic program* at a school participating in our federal student aid programs. (By ‘school,’ we mean a four-year or two-year public or private educational institution, a career school, or trade school.) Aid covers school expenses, including tuition and fees, room and board, books and supplies, and transportation. Our aid is based on a student’s demonstrated financial need. • How do you apply for federal, state, and institutional aid? • PLEASE APPLY EARLY!!! Step 1.