What criteria must be met for a student to receive federal grants?

Get ready for the NASFAA Student Eligibility Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Prepare effectively today!

For a student to qualify for federal grants, they must demonstrate financial need and be enrolled in an eligible program. This requirement aligns with the purpose of federal grants, which are primarily designed to assist students who may not have the financial means to support their education independently.

Demonstrating financial need involves providing information about the student’s and their family's financial situation, typically through the Free Application for Federal Student Aid (FAFSA). The determination of financial need ensures that the assistance goes to those who require it most. Additionally, being enrolled in an eligible program means the student is participating in an institution or specific course of study that meets federal guidelines for support, ensuring that the grant funds are used effectively toward furthering their education.

The other choices do not represent comprehensive or relevant criteria for receiving federal grants. While having a high school diploma is often a prerequisite for college admission, it is not sufficient on its own for federal grant eligibility. A minimum GPA requirement is not applicable to the granting of federal funds, as grants are awarded based predominantly on need rather than academic performance. Lastly, prior completion of a bachelor's degree typically disqualifies an individual from receiving certain federal grants, which are targeted towards undergraduate students needing further financial assistance for their education.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy