Education FEAT administers supplementary loans to individual applicants. Priority is given to those who have no other sources of aid, either in the financial aid program of their school, from other agencies, or from their family. The loan program is a revolving fund. No interest accrues while the nonregistrant is in school. Money repaid to FEAT by past loan recipients is lent out again to new applicants.
FEAT continues to be a small program with limited resources.
The funds available cannot be expected to fully make up for the support that would have been available using taxpayers' money. For information on other funding sources available to nonregistrants, see FEAT's list of Alternative Aid for Nonregistrants . Since these programs vary from state to state and some of the funding goes to the employers, help has to be tailored to the particular situation. Administration of FEAT Loans are made after careful consideration by the Review Committee. Every safeguard is exercised to preserve the confidentiality of the process and the fairness of the awards.