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In order to receive federal student financial aid, students must meet the following criteria: have maintained a Satisfactory Academic Progress (SAP); [1] [2] be a U.S. citizen, a U.S. national, or an eligible non-citizen; have a valid Social Security number; have a high school diploma or GED;
Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance—grants, loans and work-study programs—for education beyond high school. The programs Federal Student Aid administers comprise the nation's largest source of student financial aid: during the 2010–11 school year alone ...
The FAFSA determines eligibility for federal Pell Grants and federal student loans – and in most cases, the financial aid provided by colleges as well, though some require students to submit an ...
Federal financial aid includes federal grants, student loans and work-study programs. The financial aid limit for each program varies by school, year and more. The financial aid limit for each ...
The U.S. Department of Education started a “soft launch” of the new and simplified Free Application for Federal Student Aid form — often referred to as the FAFSA — last weekend.. It ...
Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.
The FAFSA application process is now easier to complete, as the application has been simplified in recent years to make it easier for students to apply for federal financial aid.
Instead of a minimum 1.600 freshmen GPA, it recommended that for a student to be eligible they must obtain a 2.0 high school GPA, take 11 core high school courses, and score either a 700 on the SAT or a 15 on the ACT. [4] However, just as the 1.600 rule generated controversy, so to did Proposition 48.
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