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: 1995-1996
Edition: High School
Part: 2 - - General Information about Postsecondary Opportunities
SectionNumber:
SectionTitle: General eligibility requirements for student aid

PageNumbers: 14


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. The remainder of this handbook will explain the eligibility requirements for the Federal student aid programs.

Eligibility for most of the Federal student aid programs is based on FINANCIAL NEED rather than academic achievement. To have their financial need determined, students must complete and file a Free Application for Federal Student Aid (FAFSA). How to obtain and complete this important document is discussed in detail in Part III of this handbook.

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

* have a high school diploma or a GED, receive a passing score on an independently administered examination approved by ED, or meet other standards your state established that are approved by ED;

* enroll as a regular student in an eligible degree or certificate program;

* be a U.S. citizen or eligible noncitizen;

* have a valid Social Security Number;

* make satisfactory academic progress; and

* sign statements regarding Selective Service Registration Status and the Educational Purpose/Certification Statement on Refunds and Defaults.

A student must enroll at least half time to be eligible for Direct Loans or FFELs.

Last Modified: 04/30/1998