Mansion PCC Hist PCCW Hist. When students apply for aid under any of the U.S. Department of Education programs, they should become familiar with all the rules, requirements, obligations and deadlines that apply. Federal regulations require all applicants for financial aid to complete a needs analysis. Grants are outright gifts of money. Loans must be repaid with interest.
Employment allows students to work and to earn money for educational needs.
To apply for federal aid, students must be U.S. citizens, or eligible noncitizens. Students must be in the United States for other than a temporary purpose and be able to provide documentation of intent to become permanent residents. If students are in the United States on an F1 or F2 student visa only, they are not eligible for federal student aid. All federal aid programs set limits on the total amount of aid students may receive and the number of years they can receive it. It is important to know these limitations to plan the financing of the educational costs not covered by financial aid.