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. Every year, the U.S. Department of Education provides more than $83 billion in…

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…

Every eligible program, including graduate programs, must have a defined academic year. Award limits are generally connected to a period of time. For instance, all of the programs except Federal Work-Study have a maximum amount that can be awarded for an academic year or award year. This handbook is a resource for learning about Federal Student…

This brochure contains suggestions for individuals repaying student loans on how they might benefit from Direct Loans, a program which consolidates multiple loans into a single account and offers favorable repayment terms, convenience, financial flexibility, and competitive interest rates. The brochure contains information on factors to be…

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 2005-06 school year alone, approximately $78 billion in new aid was…

This publication is the 11th edition of a guide for students seeking financial assistance to attend post high school institutions in Illinois. The first of six chapters reproduces a booklet, titled "Need a Lift?", on obtaining financial aid for higher education and put out by the American Legion. This chapter provides general…

To assist in making funds available for student higher education loans and to keep their interest rates as low as possible, the Department of Education compensates participating lending institutions using a combination of interest subsidies and special allowance payments. Lenders use ED Form 799, Lender's Interest and Special Allowance Request and…

As part of a series of field hearings across the nation on the reauthorization of the Higher Education of 1965, the Subcommittee on Postsecondary Education met in Pleasant Hill, California, to hear testimony specifically on access to education for children of lower and middle class families in California. Discussed were the rising cost of higher…

As part of a series of field hearings across the nation on the reauthorization of the Higher Education Act of 1965, the Subcommittee on Postsecondary Education met in Great Falls, Montana, to hear testimony specifically on access to education for children of middle class farm families in Montana. In the course of the hearing witnesses touched on…