The US government offers aid to students to help them pay for college or career school. Students are required to find the appropriate aid they need by searching for the information on the government’s official websites.
Even though the government provides information on several involved agencies, it is better to access the accurate information in just one place. A better option to find the various student aid option is the Financial Aid for Students app.
Discover the Financial Aid for Students app and its features below. Check how I learned about the available student aid offered by the government and how I can apply them with the help of the Financial Aid for Students app.
- Discovering US Financial Aid Benefits for Students
- Introducing the Financial Aid for Students App
- Exploring the Financial Aid for Students App
- Knowing How to Get a Loan Through the App
- Knowing the Eligibility Requirements to Apply for Student Loans
- Learning the Different Types of Federal Student Aid on the App
Discovering US Financial Aid Benefits for Students
It is a given that the US Federal government assists students in helping them pay for college or any career school. The assistance is usually in the form of financial benefits. The Financial Aid for Students app is connected with the government’s motto that the students are “America’s Smartest Investments.”
According to the US Department of Education’s Office of Federal Student Aid, the government provides approximately $112 billion in financial aid to students. The government has several financial aid option that can best suit the students’ plans for higher education.
There are different types of aid, such as grants, scholarships, work-study jobs, loans, aid for military families, and aid for international studies. Each financial aid option for students has varying eligibility requirements.
Students can check the Federal Student Aid website to understand better the different financial aid that is offered. They can also find how they can apply based on the eligibility requirements.
Learning How Financial Aid Works
The government has already provided the recommended steps for students’ financial aid. First, students should develop their game plan to pay for college, as it is better to start planning early. Then, they may now fill out the Free Application for Federal Student Aid (FAFSA) form to apply for federal student aid.
After applying for federal student aid, it is recommended to review the aid offer by comparing each school’s aid. Students have to choose the best deal by considering the nearby or target schools’ aid.
Once they have chosen the school and the financial aid, they can apply. It is mentioned that the financial aid goes directly to the student account. Lastly, students eventually have to repay their loans, so finding an affordable repayment plan is advisable.
Introducing the Financial Aid for Students App
Although the US Federal State Student Aid website contains all the necessary information, there is a mobile app that can help students access information easily. Students can explore the relevant information about financial aid in an organized and simplified version through this app.
I discovered the Financial Aid for Students app through a friend’s recommendation. I instantly liked how it summarized and simplified the information regarding financial aid so that students can easily understand everything, especially the application process.
The Financial Aid for Students app covers the most relevant information about the aid that is offered by the government. I learned how to apply for a student loan and the different aid from different state governments.
In addition, the app offers different grants and loans that students can also apply for. I can also get updates on the recent changes and news about the policies on financial aid with this app.
Installing the Financial Aid for Students App
When I learned that I could get organized information about student financial aid through a mobile app, I immediately installed it without hesitation. I instantly trusted the app because of its high user rating and excellent reviews.
Trend Mobile App designed the Financial Aid for Students app for Android devices only. Thus, the Financial Aid for Students app is only available on the Google Play Store. The app is free as no in-app purchase items or premium subscriptions are available.
The app runs best on Android devices with version 4.1 and up operating system.
Exploring the Financial Aid for Students App
I was surprised that the app did not ask me to create an account to start enjoying its features and content. Financial Aid for Students welcomed me to its Home page, which contains its main content regarding student aid.
There are nine main categories on the app’s Home page: Get a Student Loan, Federal Student Financial Aid, Aid From Your State Government, Estimate Your Payments, College Scorecard, Student Deadlines, newsroom, FAFSA, and Videos.
These categories can also be seen in the upper left menu option on the app. The menu also contains the Settings menu and the Financial Aid for Students app information.
Back on the Home page, I can find the “share” icon in the upper right corner of the screen. It helps me share specific content or information with my family or friends through various social media apps or messaging apps.
Utilizing the Settings Options on Financial Aid for Students
The app provides notification messages whenever there will be new updates or changes regarding the various relevant information about student financial aid. The app helps me stay current on these changes.
Moreover, the Financial Aid for Students app offers options to customize the app’s notification messages. I can turn off the notifications if I do not want to receive any alerts. I decided to turn on the notification by allowing the notification sound and vibration.
The app also asked if I would allow it to collect anonymous data usage. I allow the app to process my data usage by turning on this option. However, Financial Aid for Students promised that it would only use the collected data to improve the app’s service.
Knowing How to Get a Loan Through the App
I liked that the app summarized the available types of Federal Student Loan Programs for Direct Loans: Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans, and Direct Consolidation Loans.
The Financial Aid for Students app explained that the Direct Subsidized Loans are made to eligible undergraduate students based on financial need.
In addition, the Direct Unsubsidized Loans are for eligible undergraduate, graduate, and professional students, and it is not based on financial need.
The Direct PLUS Loans are available to eligible graduate or professional students and parents of dependent undergraduate students. Lastly, the Direct Consolidation Loans allow students to combine all eligible student loans into a single loan with a single loan servicer.
Discovering the Federal Perkins Loan Program
Meanwhile, there is the Federal Perkins Loan Program, which is administered through the schools.
This type of loan is awarded to undergraduates and graduate students with exceptional financial needs.
Knowing the Eligibility Requirements to Apply for Student Loans
I also learned about the eligibility requirements when applying for student loans through the Financial Aid for Students app. The basic eligibility requirement is that I must be enrolled at a school that participates in the school loan or student loan program.
The app also has a direct link to the Federal Student Aid website for me to check some of the other basic eligibility criteria.
I discovered that most students are eligible to receive financial aid as their age, race, or field of study will not affect their eligibility.
Completing the Free Application for Federal Student Aid Form
As I mentioned earlier, all students are required to fill out the FAFSA form to apply for student financial aid. The app clarified that financial aid can be used at public or private colleges and universities as well as career or vocational schools.
The app advises that I confirm the deadlines first before submitting my FAFSA as there are separate deferral and state deadlines. The FAFSA form usually asks for basic personal information and relevant details regarding my studies and target financial aid.
I also can find a sample FAFSA form on the app. In addition, the app provides a list of commonly asked questions that can help me answer FAFSA accordingly.
Learning the Different Types of Federal Student Aid on the App
The Financial Aid for Students app offers a summarized description of the different types of federal support I can get. It is important to understand the different types of funding so I can apply for those that best suit my needs.
The most well-known student loans are loans that students borrow from the government and must pay back with interest. However, the federal government offers lower and better interest rates than private bank loans.
There is also a work-study aid that provides part-time employment to help students pay for education expenses.
The app mentioned that students should also be aware of possible tax credits and deductions available for higher education.
Availing Financial Aids from State Governments
Initially, I did not know that the state governments also offer financial aid for students aside from federal aid until I read about it on the Financial Aid for Students app.
The app states that if students are not eligible for federal aid, they can still try the financial aid from state governments.
The app offers a list of the states alongside a direct link to the state government’s office handling student financial aid. The app recommends that it is best to contact the state grant agency to understand the programs and specific eligibility requirements.
The Financial Aid for Students app offers comprehensive content about financial aid for students.
It contains relevant information on the various federal and state governments’ financial aid programs for students and their respective eligibility requirements.