Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

General Eligibility Requirements for Student Aid

AwardYear: 1994-1995
Edition: PostSecondary
Part: 1 - - General Information about Postsecondary Opportunities
SectionNumber:
SectionTitle: General Eligibility Requirements for Student Aid

PageNumbers: 9


All sources of financial aid have some kind of ELIGIBILITY
REQUIREMENTS. Financial aid from a state usually requires that
the recipient be a resident of that state. Some scholarships specify
that the recipient must be enrolling in a particular field of study or
have maintained a high grade point average in high school.

Eligibility for most of the federal student aid programs is based on
FINANCIAL NEED rather than academic achievement. The
remainder of this Handbook will explain how a student demonstrates
need. The first step is filling out the financial aid application.

In addition to the financial need requirement, the federal student aid
programs require that the student recipient:

- Have a high school diploma, a GED, pass an independently
administered examination approved by the Department or meet
other standards your state established that are approved by the
Department;

- Enroll as a regular student in an eligible degree or certificate
program;

- Be a U.S. citizen or eligible noncitizen;

- Make satisfactory academic progress;

- Sign a Statement of Updated Information, Selective Service
Registration Status, and Educational Purpose/Certification
Statement on Refunds and Defaults.

A student must enroll at least half-time to be eligible for a Federal
PLUS, or a Federal Stafford Loan.

Last Modified: 02/19/1998