Every student, who meets some basic eligibility requirements, can get some type of financial aid regardless of age or family income. Federal student aid is a financial aid from the federal government to help a student pay for education expenses at an eligible college, technical school, vocational school, or graduate school. There are three…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid: during the 2007-08 school year alone, approximately $83 billion in new aid was…