There are numerous students who assume that they are not eligible for financial aid. It is because of this reason that they are not bothering to complete FAFSA. It is vital to know that FAFSA isn’t just intended in determining eligibility for federal student aids but also, it is being used by colleges, states, student loan lenders and believe it or not, even other scholarship sponsors. Remember, it is like trading in cryptocurrency, if you do not make the time to read Gladage reviews, you’d think you’re making the right moves.
The Federal Eligibility Requirements
The only way on how you can be sure whether you’re eligible to receive assistance is by completing FAFSA.
However, there are some eligibility requirements that have to be met when it comes to federal financial aid. This includes but not limited to the following:
In an effort to become eligible for a federal aid, the student has to complete at least high school. This could be done by attending and graduating from standard high school and obtain a GED certificate or via home school setting that’s state approved.
You need to be a citizen of the United States, a US national or an eligible non-citizen to be qualified for financial aid. Under certain situations, students might still be eligible for assistance regardless if the parents are not US permanent residents or citizens.
For most states, you have to present valid SSN. For men, they have to be 18 years old and should secure that they’ve registered with Selective Service.
You should either be accepted or enrolled as regular student at a school that’s offering eligible degree or a certificate program. The moment that the school starts, you have to make satisfactory progress in your academics.
Generally speaking, there should be some sort of demonstrated financial need before qualifying for federal financial aid. However, there’s no income cap. There are many forms for financial aid and each of it is unique to the applicant’s situation from:
- Size of the Household
- Age of Parents
- Number of Students in College
All of which are going to impact the federal assistance you are bound to get.
Keep this in mind for it’s important; regardless if you feel that you won’t qualify for any kind of assistance but seeking to apply for a federal student loan, still you have to complete FAFSA.