USA Federal Financial Aid Scholarship 2017 ~ Ofuran

USA Federal Financial Aid Scholarship 2017

USA Federal Financial Aid Scholarship 2017

USA Federal Financial Aid is most popular ways to pay for college. The Federal Financial Aid Plan is also available to receive federal grants, federal loans or both to pay the tuition fee at an eligible college. Here, some financial aid program is available on the U.S Department of Education Student Aid website. 

Firstly, you have to complete Free Application for Federal Student Aid (FAFSA) and meet with a financial aid officer. The FAFSA application is used to determine whether a student qualifies for financial aid or not and how much aid will be received by him/her. For applying for Federal Financial Aid, you have to a college for FAFSA.

Eligibility for Federal Financial Aid:

Candidate’s eligibility is determined by the information of FAFSA and TAP application. A student also should meet the following criteria to be eligible for Federal financial Aid:

He has-
Ø U.S. citizen, a U.S. national or an eligible non-citizen.

Ø A valid social security number.

Ø A high school diploma or GED.

Ø Registered with the selective service system.

Ø Maintain satisfactory academic progress.

Ø Sign the certification statement stating that he is not in default on federal student loan and not owe money on a federal student grant and this aid will only be used for educational purposes.

Ø Not a guilty for illegal drugs while federal aid was being received.

Ø Pass an approved ability to benefit test (ATB) and enroll in a school that participates in an approved state process.

Ø Provide all documentation to verify the information on the FAFSA.

Now apply for Federal Financial Aid:

According to U.S. Department of Education website- students can apply by three preparation options-

1.     Online at
2.     By telephone at 1-800-433-3243.
3.     By paper.

The types of financial Aid:

1.     Pell Grant: Grant of up to $5815 for low expected family contribution. A study found that students missed out on $2.7 billion in free grants for not completing the FAFSA.

2.     Stafford Loan: At interest rate 4.29% the students received for at least half time and the interest is paid by the government.

3.     Federal Perkins Loan: At interest rate 5%, the students received.

4.     The Federal Work Study Program: The students can get part time work up to a certain amount and the federal government pays half of the student’s wage and the pays the other half.

A short list for applying Federal Financial


Ø USU’s Federal Financial Aid

Ø WU Federal Financial Aid

Ø NAU Federal Financial Aid

Ø Barton Community College Federal Aid Programs

Ø VIU Federal Financial Aid

Ø WSU Federal Financial Aid

Ø FIU Federal Financial Aid

Ø TUJ Federal Financial Aid

Ø CU Federal Financial Aid