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Federal Aid Programs

Some aid programs, such as Federal Pell Grants, are offered directly to students by the federal government. Others are administered by the schools and colleges (Federal SEOG, Federal College Work-Study, and Federal Perkins Loans).

To receive federal financial aid, students must be citizens or eligible noncitizens enrolled in an eligible program at a participating institution and making satisfactory academic progress.

The federal government runs two major loan programs for education: the Federal family Education Loan Program and the Direct Loan Program, both offer subsidized and unsubsidized loans. And PLUS loans for parents. The main difference between the two programs is the source of loan funds. Both programs offer the same loan limits and deferment and cancellation benefits. Loan repayment options for the two programs differ slightly. Some colleges offer both programs, but you may borrow under only one program at a time.

Federal Family Education Loans - Loans provided under the Federal Family Education Loan Program are made by banks, savings and loans, and credit unions, backed by the federal government, and guaranteed by guaranty agencies. For more information, see your financial aid administrator, all toll free 877-2ED-FUND or go to www.edfund.org.

Federal District Loans - For Direct loans, the federal government is both the lender and the guarantor. To learn more, contact your financial aid administrator, or visit www.dlservicer.ed.gov or http://www.ed.gov/offices/OSFAP/DirectLoan/index.html.

Student must possess a valid Social Security number, have completed U.S. Selective Service requirements, not owe a refund on any state or federal educational grant and not be in default on a student loan.

Each program may have other specific requirements. Ask your counselor about eligibility, application procedures and program benefits.

Federal Pell Grants
Federal College Work-Study
Federal Stafford Loans
Federal Plus Loans for Parents

Campus Based Federal Aid
Federal Perkins Loans
Federal Supplemental Educational Opportunity Grants

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Federal Aid Programs