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

Beyond Your Child's Classroom
What's been going on with America's students? America's students today suffer from a prevalent backward predisposition towards their own future success. Lulled into a false sense of security by their...

---

Learning Disabilities Innovation Hubs Program
The National Institutes of Health has partnered with the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) to establish the Learning Disabilities Innovation Hubs Program where both agencies intend to solicit resource-related research project grant applications that concentrate on the etiology, manifestation, prevention, and remediation of writing, reading, or mathematics learning disabilities.

---

Student Loans Available Directly from the Federal Government
There 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.

---

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.

---