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.
(continued...)
Financial Aid for Students - The Role of the Federal Student Aid Office
Page 2
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
Pell Grants - Help with Financing Your EducationThe Federal Pell Grant Program is overseen by the Department of Education and falls under the Federal Student Aid Information Center. In order to be eligible students must be enrolled in eligible schools that may be public or private nonprofit institutions of higher education.
Financing Your Education with Federal Supplemental Educational Opportunity GrantsFederal 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.
Financing Your Education - Work Study OpportunitiesThe 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.
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.