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Federal Student Financial Aid: Do you Qualify?

If you’ve ever considered attending school, you should consider filling out a FAFSA in hopes of getting federal student financial aid. The government has a wonderful federal student financial aid program in place and they offer a wide variety of aid including grants, loans and work-study programs. Some programs are based upon financial need, while others are not. The best way to find out if you qualify is to fill out the Free Application for Federal Student Aid (FAFSA).

Schools that qualify

You must attend a school that qualifies for the federal student financial aid program, typically this just means that the school has to be accredited and offer post secondary education. You can even receive funds to complete certificate programs; it’s not just limited to college or university degrees.

Eligibility

Once you determine if your school is eligible for the federal student financial aid program you should determine your probability of receiving federal student financial aid. Although there is a preliminary form you can fill out to determine your eligibility, the best way to find out is fill out the federal student financial aid application. After all, it’s free, so it definitely won’t hurt. Another thing to consider is that many other types of financial aid are based upon you filling out the federal student financial aid application. Your eligibility is not necessarily determined strictly by financial need for other student aid applications. Even if you don’t qualify for federal student financial aid, you should fill out the application because it may mean that you qualify for other types of aid.

Other eligibility factors

There are also other eligibly factors including student status, having a high school diploma or equivalent and being registered for the selective service. There are other factors, but check with your financial aid advisor to find out more.