What is federal student aid?
Federal Aid is money from the federal government that helps you pay for college, career school, or graduate school expenses. Federal student aid is available through grants, work-study funds, and loans (Loans are not available at this time at TCR). All students should apply for FAFSA. This will be necessary to apply for many scholarships and Grants as well.
How do I apply for Federal Aid?
You need to complete the Free Application for Federal Student Aid (FAFSA®) form by logging in at https://studentaid.gov/ to apply online, or completing and mailing the FAFSA PDF.
When should I apply?
Each October, the FAFSA form is available for the next school year. You’ll need to reapply for aid every year you are in school. Below is a summary of key dates for submitting the FAFSA form depending on when you plan to go to school:
2022–23 Award Year If you plan to attend college from July 1, 2022–June 30, 2023 You will submit the 2022–23 FAFSA form. You can submit the FAFSA form from Oct. 1, 2022–June 30, 2023.
Who gets federal student aid?
Every student who meets certain eligibility requirements can get some type of federal student aid. Some of the most basic eligibility requirements for students are
• Demonstrating financial need (for most programs)
• Being a U.S. citizen or an eligible noncitizen
• Having a valid Social Security number (some exceptions apply)
• Being enrolled or accepted for enrollment in an eligible degree or certificate program
• Being enrolled at least half-time (for most programs)
• Maintain satisfactory academic progress in college, career school, or graduate school.
What is the difference between a grant and a loan?
- A grant is financial assistance that typically does not need to be repaid.
- A loan is financial assistance that will have to be repaid, and Technical
College of the Rockies no longer offers loans to students.