For more help with disputes, contact the Federal Student Aid Ombudsman Group. An official website of the United States government. At the, The HEA authorizes an "experimental sites" initiative that allows schools that apply and qualify for participation to use alternative methods to meet some of the requirements for administering the Federal Student Aid programs. Invitation to order bulk quantities of the following1998-99 student aid application materials: the Free Application for Federal Student Aid (FAFSA), Announcement of October 16 Student Financial Assistance Videoconference. 2:30 Remember, filling out the FAFSA is not a one-time thing; 2:33 you must complete it every year you attend school. 1:01 Compared to private student loans, federal student loans often have lower fixed interest rates. Click here to access training opportunities that are live, instructor-led. 0:41 That will definitely help offset the cost of school, but you may still need additional help. The U.S. Department of Education's central database for student aid. You can also check out the Training Announcements and Training Calendar below. Learn why federal student loans are generally preferable to private loans, and how to complete the Free Application for Federal Student Aid, or FAFSA. 0:16 The great thing about filling out the FAFSA online. FSA is a Performance-Based Organization, and was the first PBO to be established in the US government.[1]. Bill and its accompanying Yellow Ribbon program. Federal Student Aid (FSA), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. The SAR provides a student with their potential eligibility for different types of financial aid, their Expected Family Contribution (EFC), and a summary of the data a student provided in the application. Please enable JavaScript in your web browser; otherwise some parts of this site might not work properly. Note: This is not a complete list. According to Kelly, if your current income is substantially lower than what was reported on the FAFSA, talk to your school’s financial aid office. The CSS is a fee-based product of the College Board (a privately organized institution) and is usually used by the colleges to distribute their own institutional funding rather than federal or state funding. Each year Federal Student Aid's staff processes approximately 22 million FAFSAs. 0:37 If you qualify for and receive a federal grant, you won't have to repay the money. Federal Student Aid provides financial assistance to students enrolled in eligible programs at participating postsecondary schools (accredited four-year or two-year public or private educational institutions, career schools or trade schools) to cover the cost of education expenses, including tuition and fees, room and board, books and supplies, and transportation. 0:11 in the form of grants, loans, and work-study funds. 1:27 may require you to verify the information you submitted on your FAFSA. File a complaint or share feedback online through the FSA Feedback System. This letter announces a series of Electronic Aid Office workshops to be held February through September l998; lists the contents, sites and dates of the workshops; and explains registration procedures. Through Federal Student Aid (a performance-based organization), the U.S. Department of Education awards more than $120 billion a year in grants, work-study funds, and low-interest loans to approximately 13 million students. Many students are eligible for some form of financial aid. 0:32 financial aid options that a school is offering you. Understand the tax benefits available for higher education. Filling out the application is relatively simple if you keep track of the deadlines and gather the financial forms you’ll need before you get started. Federal Student Aid offers several different types of financial aid programs. 1:12 The financial aid office at each college or career school. Eligibility requirements for federal student aid include: Being a U.S. citizen or an eligible noncitizen, Remaining in good standing on any federal student loans you have, Being in or accepted for an eligible degree or certificate program. 1:43 We'd recommend comparing award letters from multiple schools. 1:52 college or career school or visit studentaid.gov for more information. But be aware that the impact of your income on federal student aid can depend on the type of job you have. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds. There is also a federal deadline each academic year. Once the EFC formula has applied allowances to your income, the remaining amount is considered “available income.” According to the EFC formula, 50% of a student’s available income is earmarked for payment of your educational expenses. You can click on one of the 4 catalog boxes to find training by topic, by medium (e-Learning or Instructor-Led), Additionally, Federal Student Aid is responsible for enforcing the financial aid rules and regulations required by the Higher Education Act of 1965 and the U.S. Department of Education and managing the outstanding federal student loan portfolio. The Higher Education Opportunity Act of 2008 authorized fee-based FAFSA preparation. 1:34 Once you're accepted into a college or career school, 1:37 you'll get an award letter from the school's financial aid office. 0:56 If you plan to take out a loan, consider federal student loans first.
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