What is federal student aid?
Federal student aid is financial assistance through the U.S. Department of Educations that is available for students enrolled in an eligible program as a regular student at a school participating in federal student aid programs. Federal student aid covers school expenses such as tuition, fees, room and board, books, supplies, and transportation.
Federal Student Aid, an office of the U.S. Department of Education, ensures that all eligible individuals benefit from federal financial assistance- grants, loans and work-study programs and is the largest source of student financial aid in America, providing $80 billion annually in grants, low-interest loans and work-study.
A. Federal student aid is financial assistance through the U.S. Department of Education that is available to students enrolled in an eligible program of study as a regular student at a school participating in federal student aid programs. Federal student aid not only covers school expenses such as tuition, fees, room and board, but miscellaneous expenses such as books, supplies, and transportation.
Federal student aid is financial help available to students enrolled in an eligible program at a school participating in federal student aid programs. (By school, we mean a four-year or two-year public or private educational institution, a career school, or a trade school.) Aid covers school expenses, including tuition and fees, room and board, books and supplies, and transportation. Most federal aid is based on a student’s demonstrated financial need, rather than on grades. There are three categories of federal student aid: GRANTS: Financial aid you don’t have to repay. Generally, you must be an undergraduate student, and the amount you receive depends on your need, cost of attendance, and enrollment status (full time or part time). The maximum amount a student can receive in Federal Pell Grant money for the 2009-2010 award year (July 1, 2009 to June 30, 2010) is $5,350. Federal Supplemental Educational Opportunity Grants (FSEOGs) range from $100 to $4,000. WORK-STUDY: Money you earn
It is financial assistance given by the federal government to students with demonstrated financial need who are enrolled in an eligible program as a regular student at a school participating in the Title IV Federal Student Aid Programs. The three primary categories of federal student aid are: grants, loans, and part-time employment opportunities. Federal aid covers school expenses such as: tuition and fees, room and board, books and supplies, transportation, etc.
