Summary Of Federal Student Loans And Grants

Every American student can qualify for federal grants and loans. Filing for these online is also easy to do. The free "screen-fillable" application, meaning an application that can be filled in on screen, online for the free application for federal student aid is called: FAFSA. There are three ways to apply for the funding. Any student can find the applications at several online sites. The most comprehensive site for finding and submitting this application is found at college.gov and opportunity.gov.

Some choose to download the PDF file applications and send them in. Others request applications be sent to them by calling 1-800-4-FED-AID (1-800-433-3243) or 319-337-5665 or the hearing impaired line which is TTY 1-800-730-8913. Another FAFSA filing option is to go the online site: FASFA4caster which can be found at: fafsa.ed.gov. If you have chosen to screen-fill your application there will be no option for saving the filing in your personal computer. The forecaster site will notify you of your eligibility soon after submitting the application.

Student aid and support described at these sites include both the federally sponsored grants as well as the federally sponsored loans. Borrowing through the federal government is a wiser choice when contemplating loan repayment. The government agencies are aware of the heavy burden student loans have placed on the learning public. It is for these reasons that our government is looking for new ways to ease these burdens.

If a student wishes to review the options for repayment of existing loans, there are now multiple approaches to this as well. There are student access points of entry to the National Student Loan Data Systems (NSLDS). If students search this site using the search terms Direct Consolidation Loans, there is more information to be found that may be helpful. At this site information about individual student loan status and disbursement payments can be found. This can be done by selecting the school year of application and the semester you plan to begin. If the beginning semester is a summer school program, then ask at the admissions office of the school you are to be attending for the verification of which application to choose.

For more information and student-told stories and advice for the application process with much "high-level" information provided, including pitfalls to avoid about why to go, what to do and how to pay then try using the search words "Student Aid on the Web" or, again, simply go to opportunity.gov.

Our legislators and governing leaders know it is in the nation's best interest to make college education easily accessible to America's next wave of workers. Our country is poised to begin a support of new avenues of provision for educational opportunities as the current administration has worked to protect the PELL grants and other monies that need to be available if we are to remain a well educated work force for a changing economic climate in our world today.

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