Are You Eligible To Receive A Federal Student Aid?

by: TopGovernmentGrants Editorial Staff

Every college student knows how expensive a college education can get. Most college students opt to go for private student loans with very high interest rates. In most instances, this happens because most students are unaware of the federal student aids that are offered by the federal government.

The United States Department of Education has been successfully running the Federal Student Aid program for several years now. In that period of time, the program has become America's largest source of financial student aid with over $150 billion in grants, work-study programs, and federal loans for students attending four-year colleges or universities, community colleges, and career schools.

The Department of Education offers several types of educational financial assistance such as grants, federal loans, and work-study programs. It is very much essential for student to determine which type of assistance will best suit his/her financial needs.

Most college students, however, are hesitant to procure federal student aid because they are not familiar with the program's eligibility requirements.

The eligibility for most federal student aid is usually based on financial need and several other factors that need to be taken into consideration. That said, some of the most fundamental eligibility requirements to receive a federal student aid are the following:   (continued...)

Are You Eligible To Receive A Federal Student Aid?
  Page 2

About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on environmental grants and grants for youth programs.

Additional Government Grants Resources

Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina
One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

---

Ohio Heroes Program for First Time Home Buyers in the State of Ohio
One of the most popular programs of the Ohio Housing Finance Agency is the Ohio Heroes Program which is exclusively intended for active military men, active reservists, veterans, firefighters, emergency medical technicians, paramedics, and several other individuals with noble professions.

---

Child Health Research Career Development Award Program
In accordance with this mission, the National Institute of Health has collaborated with the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) in an attempt to establish the Child Health Research Career Development Award Program.

---

Small Business Grants - Free or Low Cost Consulting for Your Small Business
Did you know that it is possible for you to receive free or low cost consulting for your small business? If it sounds too good to be true, rest assured it is actually possible. Not only does it make sense economically, but you would be receiving advice from professionals who have extensive business experience.

---

Department of Housing and Urban Development: Energy Innovation Funds for Multifamily Pilot Program
The Department of Housing and Urban Development, has recently announced a funding opportunity entitled Energy Innovation Fund: Multifamily Pilot Program.

Energy Innovation Fund is directed towards the discovery of innovations in terms of the residential energy efficiency sector and to help in the development of a standardized home energy efficient retrofit market.

---

Down Payment Assistance Loan for First Time Home Buyers in New York
In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

---

Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
In accordance with this mission, the Connecticut Housing Finance Authority has established the Urban Rehabilitation Homeownership Program wherein it intends to home purchase loans at steady, below-market rates together with home improvement loans with no interest, all in an attempt to support homeownership and investment in selected Connecticut neighborhoods.

---