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Filing the Free Application for Federal Student Aid, or FAFSA, is an important step in the college planning process because it determines eligibility for federal grants, loans, scholarships and ...
The Federal Supplemental Educational Opportunity Grant, more commonly known by its acronym SEOG, is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. To be eligible for this grant, applicants must meet all of the following criteria:
To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid . The financial aid process has been criticized for its part in enrollment management, whereby students are awarded money not based on merit or need, but on the maximum the student families will pay. [1]
For years the application was called Financial Aid Form (FAF), which was an optional form used by some—but not all—colleges and universities. When Congress reauthorized the HEA in 1992 they created a standardized federal form for all prospective students seeking aid. [22]
The Free Application for Federal Student Aid (FAFSA) application will be delayed this year, which may worry some college applicants. (Credit: Getty Images) (designer491 via Getty Images)
The head of the Federal Student Aid office, which has faced criticism for the botched rollout of this year’s college financial aid form, will be stepping down. Federal Student Aid head will step ...
Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial need, but credit is necessary.
Even if reprocessed FAFSA forms are sent to schools in coming weeks, many institutions will need at least two more to turn around their own aid packages, Mark Kantrowitz, a student financial aid ...