Know the Basic Eligibility Criteria When Applying for a US Dep Ed Financial Student Aid via FAFSA

When making plans to apply for federal student aid, the first thing to learn about is the Free Application for Federal Student Aid or better known as FAFSA. This is a free form provided online by the U.S. Department of Education, which administers the different types of federal student aid offered by the government.

Create an FSA ID to Access the FAFSA

An applicant must first register with the Federal Student Aid (FSA) U.S DepEd website to create a password-protected user account. The FSA ID serves as a single signing-in identification when accessing the FAFSA document and other financial aid pages of the U.S. DepEd customer-facing website. Once an FSA ID account has been created, an applicant can now access and fill up the FAFSA form.

Basic Eligibility Requirements to Qualify for Financial Student Aid

In evaluating a FAFSA, the FSA US DepEd will look into the following information to determine if an applicant is eligible to receive Financial Student Aid.

Financial Need

A demonstration of financial need is necessary, when applying for a Direct Subsidized Loan that provides financial assistance to undergraduate students seeking to enroll in a college or career institution. Here, a student must specify the significant reason why his or her family cannot afford to pay for college or career education. Examples of reason include loss of a parent, or loss of employment either by the student or by the breadwinner of the family.

To further demonstrate one’s financial incapacity, statements must include descriptions of the student’s job or of a parent’s employment, about schooling of other siblings, and discussion of any unexpected expenses of the family. All of which will make clear the direct impact of the cost of higher learning on the family’s overall income. Take note not to make false statements because any that has been verified as falsehood is punishable.

U.S. Citizenship or Eligibility as Non-Citizen Residing in the U.S.

A birth certificate showing that the applicant is a natural born U.S. citizen suffices as proof of U.S. citizenship.

On the other, a non-citizen may be documented by the U.S. Citizenship and Immigration Services or USCIS, by way of a “green card” such as a Resident Card, Resident Alien Card or Alien Registration Receipt Card. Other non-citizen types like refugees, asylum seekers or other legally recognized entrants will have either an Arrival-Departure Record (I-94), or a T-Visa, and a certification letter issued to them by the USCIS as proof of approved entry.

Other Basic Requirements

* Valid Social Security Card/Number (not applicable to nationals of Marshall Islands, Micronesia, or Palau).

* High school diploma or a General Educational Development (GED) certificate;

* Male applicants aged 18 to 25 must be registered with Selective Service;

* Has enrolled or already accepted as enrollee for an eligible degree or certificate program and must be enrolled at least half-time as a regular student.

* Has maintained satisfactory academic performance in college or career institute.

* Must be able to certify the portion of the FAFSA stating that he or she (student) is not in default of any federal student loan or has no financial obligation under the federal student grant.

Needless to say, inability to satisfy or complete any of the basic eligibility requirements stalls the processing of an application for financial student aid at the very onset.

What Financial Assistance Can a Resident of New Zealand Receive?

If there’s one word to describe New Zealand, it is surreal. Because of the natural beauty that New Zealand offers and a booming economy, it’s no wonder why many people would like to visit New Zealand. Many seniors are willing to invest their entire retirement savings to live a simple life in New Zealand.

Through the years, New Zealand has always demonstrated great culture. In recent years, the humble nation has developed incredibly as shown in its booming economy. While poverty had been a problem in many countries, poverty seems to be the least of the nation’s problem. Kiwis are by nature caring and had always shown a strong dedication to social welfare. In fact, in 1898, New Zealand had been the first nation throughout the world that had introduced pensions for the elders.

A look at Financial Benefits provided by The Social Welfare in New Zealand

  • Financial assistance is provided to those who are unable to work due to an illness or an accident
  • Assistance with retirement savings
  • Support for elders which includes New Zealand superannuation or old age pension as well as other financial and practical support.
  • Companies are provided to provide maternity leave for expecting mothers
  • Housing and accommodation assistance
  • Assistance package for families and for those working for families

Note: Beneficiaries are natural born citizens and residents who have been leaving in New Zealand for at least two years.

New Zealand Job Seeker Assistance

The Jobseeker Support is offered to those who were made redundant, laid off, or simply not able to work due to an accident or illness. There are numerous scenarios to qualify for the Jobseeker Support program. The top qualification requires that the applicant should have been living in New Zealand for no less than two years since being a recognized citizen of the country.

Should you be eligible, you will additionally get a Community Services Card for medical expenses such as visiting a doctor or to purchase prescribed medications.

Should you lose the capability to work as a result of redundancy or illness and that you have children 18 or under, you will additionally get a family tax credit from Inland Revenue even while you’re on a benefit.

Should you lose the ability to work due to an injury resulting from an accident, you may qualify for the ACC or the Accident Compensation Corporation. You could receive up to 80% of the taxable income that you used to be made prior to your personal injury.

Indeed, New Zealand is among the nations that foresee the needs of the people. Apart from financial assistance that the government available to those duly qualified, anyone can also get a quick loan. If you Need Money Now, there are many ways to gain access to cash so long as you are more than 18 years of age.