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 Grants for Education on the Foundation Grants Website.

Additional Resources

category - Education Grants

7 Steps Towards Choosing The Perfect College
In most instances, the problem doesn't stop with finances. Students often find it hard to choose the right school for them, pick the course that best suit their needs and abilities.

---

Financing Your Education with Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants assist those undergraduate students enrolled in a postsecondary education that cannot afford their educational expenses without financial assistance. The grant is in place to help them meet their educational expenses to the successful completion of a postsecondary degree.

---

What Are Title IV Programs and How Can They Help You Pay for College
The Title IV programs help college students save money and protects their rights, is a service provided by the government that is responsible for higher education to help prepare undergrads for the real job market after they graduate.

---

2012 University Center Economic Development Program Competition
The Economic Development Administration has recently established the 2012 University Center Economic Development Program Competition wherein they intend to solicit grant applications from higher education institutions stating their intent to establish and operate special University Centers that are focused on leveraging university assets in order to create regional economic ecosystems that will support high-growth entrepreneurship.

---