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Published byDennis Scott Modified over 5 years ago
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US Department of Education Federal Aid Programs Other Federal, State, Local Education/Training Programs & Options Elements Page
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What we’ll cover Money Federal Student Aid Other financial aid
Forever G. I. Bill Other resources Student Veterans of America (SVA) Veterans Upward Bound Program
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Federal Student Aid 1. You trigger the process by filing out your Free Application for Federal Student Aid (FAFSA) form at and including one or more school codes
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Federal Student Aid 2. The school(s) receives a report from the Feds that includes your Expected Family Contribution (EFC), and then: Often requests more documentation (tax transcripts from IRS, etc.) Develops a package of… Grants Loans Work/Study
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Need-based grants Pell Grants - Max. $5,730
Federal Supplemental Educational Opportunity (SEOG) Grant – Max. $4k Teacher Educational Assistance for College & Higher Education (TEACH) Grant – Max. $4k
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Federal Loans (you have to pay these back!)
Subsidized loans – No interest until you finish or leave school Unsubsidized loans – Interest accumulates while you are enrolled
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Federally-funded work/study programs
Feds provide money to schools to fund paid part- time positions They pay at least the Federal minimum wage ($7.25) Ideally, positions are related to your college major
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Other grants and scholarships*
Visit school’s financial aid website Contact school’s student veterans’ office if there is one * For more info about school-specific aid, sign up for the 2-day Accessing Higher Education or Career Exploration and Planning tracks after the Core TGPS program
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Forever G.I. Bill The big news: Your benefits will no longer expire if you are discharged or released from Active Duty after January 1, 2013 BAH rate for stipend now based on where you physically attend a majority of your classes (not location of main campus)
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Forever G.I. Bill G.I. Bill benefits you used at a school that shuts down or loses accreditation after January 1, 2015, are restored Any servicemember who earned a Purple Heart, regardless of length of service, is eligible for full GI Bill benefits (More changes on pages of manual)
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Stay up to date at www.benefits.va.gov/GIBILL/FGIBSummaries.asp
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Download the latest fact sheet
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Student Veterans of America
studentveterans.org
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Veterans Upward Bound Program
Refresh academic skills (Math, Composition, Reading, Computer Skills) Help with GI Bill application Completing FAFSA and finding scholarships Tutoring and mentoring Career Counseling
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Currently 49 VUB programs nationwide
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Federal Student Aid Information
Home page Booklets, infographics and videos FAFSA application page
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