Sunday, February 19, 2006

Student Loan Info

Applying for student aid is FREE; that’s why
the application you use is called the Free Application for
Federal Student Aid (FAFSA). If you need help completing
the FAFSA, you can get that help free, too.
You don’t have to pay anyone for assistance.
Who gets federal student aid?
Most basic eligibility requirements are that
you must
■ Demonstrate financial need
■ Be a U.S. citizen or eligible noncitizen with a valid
Social Security number; and
■ Show by one of the following means that you’re
qualified to obtain a postsecondary education
(education after high school):
— Have a high school diploma or a General
Education Development (GED) Certificate.
— Pass an approved ability-to-benefit (ATB) test (if
you don’t have a diploma or GED, a school can
administer a test to determine whether you can
benefit from the education offered at that school).
What is federal student aid?
It’s financial help if you’re enrolled in an eligible
program* as a regular student* at a school participating
in federal student aid programs. (By “school,”
it mean a four-year or two-year public or private
college, university, career school, or trade school.)
Federal aid covers school expenses, including tuition
and fees, room and board, books and supplies, and
transportation. Aid can also help pay for a computer
and for dependent care.
There are three categories of federal student aid: grants,
work-study, and loans. Check with
your school to find out which programs your school
participates in.
How do you apply for
student aid?
1.Click on the links
or
1. Complete the Free Application for Federal Student
Aid (FAFSA)—the online version (FAFSA on the Web)
or the paper FAFSA.
This blog does not provide legal advice. Decide on your own. This is just my opinion.

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