Three BIG misunderstandings about Federal Student Aid
Are you an adult considering college who needs financial help? Whether an adult student is enrolling in college for the first time or returning to school after a break, they should apply for federal student aid. Federal student aid can help a student of any age cover their education expenses. Adult students do often have misconceptions about their eligibility. Some of the more common myths are outlined below.
Myths and Facts About Federal Student Aid
MYTH: Adult students don’t meet the age requirements to receive federal student aid.
FACT: There is no age limit. Almost everyone is eligible for some type of federal student aid.
MYTH: You need to pass a credit check to receive federal student aid.
FACT: No credit check is required to receive federal student aid, including most federal student loans.
MYTH: It costs money to apply for federal student aid.
FACT: Applying is free. It costs nothing to apply for federal student aid and therefore you should avoid companies charging a fee to complete the application.
If you need more help or are interested in Moraine Park’s programs, visit us at morainepark.edu.