Financial Aid for Students - The Role of the Federal Student Aid Office
Page 2

The Federal Student Aid Office also distributes and processes all of the student financial aid applications. Students complete the Free Application for Federal Student Aid (FAFSA). This by itself could almost count as a fulltime job considering that the Federal Student Aid Office processes around 14 million FAFSA's each year.

The Federal Student Aid Office also oversees the financial aid rules and regulations that students have to abide by. As a federal regulator, they make sure that the financial aid itself is going towards those who need it and are actively enrolled in college. The office determines which students qualify for financial aid and which do not.

The Federal Student Aid Office also distributes the financial aid to students themselves. This means that the office itself is responsible for distributing billions of dollars in financial aid to ensure that American citizens can have money to go to school.

Finally, the office secures repayment of those that took out a long and have since defaulted on their loan (which means that they have not repaid their loan or missed several payments). The office oversees those students who have taken out a federal loan to be able to attend college.

While often overlooked, the Federal Student Aid Office plays a role that allows even those students who never believed they had the financial capabilities to attend college to do just that. It is simple; no citizen should deny himself or herself the opportunity to better themselves due to financial difficulty. You can find out more at http://www.federalstudentaid.ed.gov/


Financial Aid for Students - The Role of the Federal Student Aid Office
  Back to Page 1

About The Author Michael Saunders is a frequent contributor to TopGovernmentGrants.com. You can also find his articles on the Education Grantsand Top Foundation Grants Websites.

Additional Resources

category - Education Grants

What does it mean that Federal Student Aid is a PBO?
A PBO is a Performance Based Organization representing an initiative that was created in order to help the government operate more effectively and efficiently. When people call Federal Student Aid a PBO, this means that they are committed to and hold the same standards of the Performance Based Organization.

---

Financing Your Education - Work Study Opportunities
The Federal Work-Study Program assists those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance by providing them with part-time employment. Not only does the Federal Work-Study Program provide part-time employment, it also encourages these students to participate in community service activities.

---

Tribal Colleges Research Grants Program
In keeping with this mission, the National Institutes of Food and Agriculture has recently established the Tribal Colleges Research Grants Program in an attempt to conduct agricultural research studies that address high priority concerns of tribal, national, or multistate significance.

---

Financing Your Education - Federal Perkins Loans
The Federal Perkins Loan Program helps those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance with a low interest loan. The loan is in place to help them meet their educational expenses to the completion of a postsecondary degree.

---