We have compiled a list of the most frequently asked questions to assist individuals who have specific concerns regarding financial aid. If you have a specific question, call or e-mail our office, we may add your question to our FAQ list. Students who generally say they have applied and are not eligible, may have meant they are not eligible for grants or other gift aid.
Financial aid is more than grants.
Grants, loans and other federal programs are considered financial aid. January 1 is the earliest you can apply for aid for the new academic year. Actually, both types of loans are classified as Stafford loans. Direct loans were developed in 1993 and are offered directly from the Department of Education. Funding for the Direct loan program is given from the Department of Education to schools where they are directly disbursed to students.