What's this I Hear About a Free Application for Federal Student Aid?
by:
Michael SaundersAre you struggling to get through school financially but not sure where to turn next? Have you exhausted loan options but are sick of paying large fees just to apply for the loan and being turned down anyway at the end? You will be glad to find out that that there are cost-free Federal Student Aid applications available to you.
To start discovering more you begin by filling out a Free Application for Federal Student Aid (FASFA). A FASFA is an application for Federal Student Aid and is required for student aid, work-study, and or school grants. It can also be used for some additional private aid.
By visiting the FASFA website, you will be able to submit your free application for any institute of higher learning of your choosing. After sending out your application, you will receive a student aid report (SAR). This letter will arrive between 3-5 days with instructions on how to access your student aid report (SAR) online. If you prefer a direct copy of your SAR, it can be mailed to your home address provided in the application.
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What's this I Hear About a Free Application for Federal Student Aid?
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About The Author
The author edits a site featuring Grants for Education and another Government Grants site providing info on every grant the federal government offers.
Michael Saunders has an MBA from the Stanford Graduate School of Business.
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Additional Resources
category - Education Grants
USAID University Engagement through Higher Education Institution ProgramThe United States Agency for International Development has recently constituted the USAID University Engagement through Higher Education Institution Program wherein it seeks to hone the knowledge, research skills, and creativity of higher education campuses.
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 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.
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.