The Federal government is one of the best sources for college financial aid. From low interest loans to free grants, the array of government aid is open to just about everyone. As long as you have passing grades and financial need, you almost certainly qualify for something.
The search for federal aid begins with the Free Application for Federal Student Aid (FAFSA). This form can be filled out on paper or submitted online. Once it is processed, the government will make a judgement about the level and kinds of aid you are eligible for. To receive funding, you must have a high school diploma, GED certificate, or have met state standards to enroll in a qualified higher education school. You must also be a U.S. citizen or an eligible noncitizen, such as a permanent resident. The key factor in determining how much aid you receive will be financial need, not grades. Of course, if you fail to maintain passing grades, you will lose all assistance. However, it is not necessary to be an A plus student.
Undergraduates who meet the need criteria can receive Pell Grants. These range from $400 to $4,050 a year. Students with exception financial need may qualify for a Federal...