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Financial Aid
Federal Student Aid, an office of the U.S. Department of Education, plays a central and essential role in America's postsecondary education community.
Federal Student Aid, an office of the U.S. Department of Education, ensures that all eligible individuals can benefit from federally funded or federally guaranteed financial assistance for education beyond high school. We consistently champion the promise of postsecondary education to all Americans —and its value to our society.
FinAid was established in the fall of 1994 as a public service. This award-winning site has grown into the most comprehensive source of student financial aid information, advice and tools -- on or off the web.
Since our founding in 1999, Scholarships.com has had one goal: to help students find the money they need to get a college education. Over the last several years, we've become the largest free and independent college scholarship search and financial aid information resource on the Internet, and have been recognized by high schools, colleges, and universities nationwide.
For nearly 15 years, Fastweb has been the leading scholarship search provider for every student, whether you’re in high school or a mother of two returning to school. One in eight high school seniors use Fastweb , and the site comes recommended by over 16,000 high schools and 3,600 colleges.
Grants, unlike loans, do not have to be repaid.
The U.S. Department of Education administers the Federal Family Education Loan (FFELSM) ProgramSM and the William D. Ford Federal Direct Loan (Direct Loan) Program. Both the FFEL and Direct Loan programs consist of what are generally known as Stafford Loans (for students) and PLUS Loans for parents and graduate and professional degree students.
Parents can borrow a PLUS Loan to help pay your education expenses if you are a dependent undergraduate student enrolled at least half time in an eligible program at an eligible school. PLUS Loans are available through the Federal Family Education Loan ProgramSM (FFELPSM) and the William D. Ford Federal Direct Loan (Direct Loan) Program. Your parents can get either loan, but not both, for you during the same enrollment period. They also must have an acceptable credit history.
Graduate and professional degree students are now eligible to borrow under the PLUS Loan Program up to their cost of attendance minus other estimated financial assistance in both the Federal Family Education Loan ProgramSM (FFELPSM) and Direct Loan ProgramSM.
The Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Federal Perkins Loan programs are called campus-based programs because they're administered directly by the financial aid office at each participating school.
Page Last Modified: 10/17/2014 5:20 PM