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Approximately $60 billion is allocated every year by the Federal Government to be disbursed among needy students as grants and loans, to pursue post secondary or higher education. Though it is not the only source of Government education funding, the Department of Education's Federal Student Aid (FSA) is the largest student's loan-funding source in America. The starting point of getting Federal student loans is to fill out the Free Application for Federal Student Aid (FAFSA) form, which can be done electronically. To be eligible for a student loan you must be a US citizen or an eligible non-citizen,...
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Going to college can be an expensive proposition for both the student and the government. Many people are finding that going to college is an impossible dream due to raising tutitions and cost of living unless they receive help in the form of a scholarship or loan. Of course the raising costs of everything are no reason that any bright child should not receive a higher education and achieve all they can aspire to. In the past the federal government has had a lending program to assist people with funding their secondary education costs but this system has it draw backs. The old system of student...
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