Financial Aid for Students - The Role of the Federal Student Aid Office
by:
Michael SaundersOne of the unfortunate truths of the recent economic downturn is that now more than ever, people understand the benefits of a postsecondary education. However, completing a postsecondary education is expensive and more people before rely heavily on assistance to do so. This is where the Federal Student Aid Office comes in.
This office makes sure that eligible students get to benefit from financial assistance to complete an education beyond high school. The Federal Student Aid Office plays a vital role in the entire financial aid process and has an active role in every step of the process when students are requesting federal assistance to attend college.
The Federal Student Aid Office is deeply involved in the entire process when it comes to requesting, qualifying for, and receiving financial aid. The Federal Student Aid Office is active in informing both students and families on how exactly they can obtain financial aid. Believe it or not, there are still plenty of individuals who are not aware of the fact that they can receive financial aid to complete a postsecondary education. They have the information and financial aid guidance concerning programs, processes, and resources.
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Financial Aid for Students - The Role of the Federal Student Aid Office
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About The Author
Michael Saunders is a frequent contributor to TopGovernmentGrants.com.
You can also find his articles on Grants for Education on the Foundation Grants Website.
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Additional Resources
category - Education Grants
Types of Financial Assistance From The Department of EducationThe US Department of Education was initially created to encourage the promotion of student achievement and their preparation for global competitiveness by way of fostering academic excellence and ensuring equal access to quality education.
National Science Foundation's Smart Health and Wellbeing ProgramThe National Science Foundation has constituted the development of the Smart Health and Wellbeing (SHB) Program wherein they intend to address scientific and technical issues that would pave the way towards the transformation of the healthcare process from being rather reactive and hospital centered into becoming preventive, proactive, evidence-based, patient-centered and focused on the wellbeing of the person rather than his/her disease.
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.
Student Loans Available Directly from the Federal GovernmentThere are different variations of a Federal Direct Student Loan available; these are dependent on whether or not the student is eligible for government assistance. Need based programs include the Stafford Loan and the Direct Subsidized Loan; while non-need based programs are the Direct PLUS program, and the Direct Unsubsidized Loan.