Education creates opportunities and is an important step toward success. No eligible student should be denied an education because the cost is too high. So, if you’re considering education beyond high school (a two- or four-year college, university or trade or career school), we offer financial aid that helps millions of students manage the cost of education each year. There’s money available—but you need to apply to receive it.
This guide can help. Here we explain the federal student aid process, you’ll learn about our federal student aid programs—grants, workstudy, and loans—and we tell you how to apply for them.
Our team at Federal Student Aid is committed to making sure all eligible students can benefit from financial aid and there may be a good deal more of this help on hand than you think. Every year, we provide more than $80 billion in the form of grants, work-study and low-interest loans, and about 14 million students benefit from this aid. Many of them could not have managed the rising cost of education without federal student aid.
Start with us. We’re here to help … at www.FederalStudentAid.ed.gov. You’ll find lots of useful information at our Web site. You can find the online version of this and other publications, apply for federal student aid online, and even search for colleges and other sources of aid. You can also receive an estimate of you federal student aid by using FAFSA4caster. Our office also publishes many other publications that you will find helpful (see the inside back cover). All of them can be ordered for free at 1-800-4-FED-AID (1-800-433-3243) or accessed online at www.FederalStudentAid.ed.gov/pubs.
Chances are you know someone who took advantage of one or more of our federal student aid programs. It’s very possible that you can make this happen for yourself or a family member. So take advantage of federal grant, work-study, and loan programs as well as aid available from your state and the school you plan to attend. The key: Start here, today, and go further.
— The Federal Student Aid Team
U.S. Department of Education