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DO YOU NEED MONEY FOR COLLEGE? Federal Student Aid at a Glance 201415-Page 1 of 2WHAT is federal student aid? Federal student aid comes from the federal government specifically, the U.S. Department
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Point by point steps to fill out federal student aid:

01
Gather necessary documents: Collect your Social Security number, driver's license (if applicable), tax returns, and other financial information.
02
Create an FSA ID: Visit the Federal Student Aid website and create an FSA ID. This unique username and password will serve as your electronic signature for completing the application process.
03
Fill out the Free Application for Federal Student Aid (FAFSA): Access the FAFSA form online and provide accurate personal and financial information. This includes details about income, assets, and household size.
04
Review your information: Carefully review all the provided information before submitting the FAFSA. Make sure there are no errors or missing details that could affect your eligibility for aid.
05
Submit the FAFSA: Once you are confident in your application's accuracy, submit it electronically on the Federal Student Aid website. Remember to record the confirmation number for future reference.
06
Review your Student Aid Report (SAR): Within a few weeks, you will receive a Student Aid Report summarizing the information you provided on the FAFSA. Review it for any errors and make necessary corrections.
07
Receive financial aid offers: After your FAFSA is processed, you will receive financial aid offers from colleges and universities. Compare the offers carefully, considering the grants, scholarships, work-study opportunities, and loans that are available to you.

Now, let's address who needs federal student aid:

01
College students: Federal student aid is primarily designed to assist students pursuing higher education. Whether you are attending a four-year university, community college, trade school, or vocational institution, federal aid can help cover tuition, fees, books, and other educational expenses.
02
Undergraduate and graduate students: Both undergraduate and graduate students are eligible for federal student aid. The aid options may vary based on your educational level and degree program, so it's crucial to explore the specific resources available to you.
03
Individuals with limited financial resources: Federal student aid is intended to provide financial assistance to those who demonstrate financial need. Eligibility is determined by evaluating factors like income, assets, family size, and other relevant criteria.
It is important to note that while federal student aid is accessible to a wide range of individuals, eligibility requirements and available resources may differ. It is crucial to stay informed about updates in the application process and the specific requirements set forth by the Department of Education.
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Federal student aid is financial assistance provided by the federal government to help students pay for college or career school.
Anyone who wants to be considered for federal student aid must fill out the Free Application for Federal Student Aid (FAFSA).
To fill out the FAFSA, students need to gather their personal information, financial documents, and school choices, then complete the application online or on paper.
The purpose of federal student aid is to help students pay for college or career school by providing grants, loans, and work-study funds.
On the FAFSA, students must report their and their family's income, assets, household size, and other financial information.
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