Pre-separation Counseling Brief 37-U.S Department of Education Federal Aid Programs 38-Federal, State, or Local Education/Training Programs & Options

37-U.S Department of Education Federal Aid Programs Federal Student Aid is responsible for managing the student financial assistance programs authorized under Title IV of the Higher Education Act of 1965. These programs provide: grants Loans work-study

Grants Federal and State government, college or technical school, or private and non-profit organization; Funds that are not paid back unless class is withdrawn https://studentaid.ed.gov/sa/types/grants-scholarships

Loans Borrowed money that is paid back with interest; Provided by banks and federal government; Federal government loans provide lower interest rates and more flexible on repayment options https://studentaid.ed.gov/sa/types/loans

Work Study Program that allows you to earn money to pay for school; Available to those with financial need; Given by schools that have Work Study Program. https://studentaid.ed.gov/sa/types/work-study

38-Federal, State, or Local Education/Training Programs & Options Purpose is to offer other options that are available to you during your transition. Program includes: College level testing; Professional Military education; Veteran’s benefits; Tuition Assistance; Financial aid; Distance learning

College Level Testing (CLEP) Courses you can take that is provided to service members to receive college credit without sitting in a classroom for 8 weeks; Accepted by 2,900 hundred colleges and universities and administrated 1,800 test centers; Even though sponsored by College Board, only colleges may grant credit towards a degree. https://clep.collegeboard.org/about-clep/how-clep-works

Professional Military Education Formal system of education each branch provides to its enlisted personnel. Primary Professional Military Education; Basic Professional Military Education; Introductory Professional Military Education. https://usnwc.edu/Student-Information/Online-Professional-Military- Education

Veteran’s Benefits Broad range of programs and services provided by Department of Veteran Affairs. Eligibility for most VA benefits is based upon discharge from active military service under other than dishonorable conditions. https://www.va.gov/opa/persona/index.asp

Tuition Assistance Benefit provided to each branch of service with the ability to pay 100% for tuition for schooling. Not a loan; Can also apply for financial aid through FASFA. https://www.military.com/education/money-for-school/tuition- assistance-ta-program-overview.html

Financial Aid Helps students and their families pay for college. Available from a variety of sources for college, career school, graduate school, and professional school. https://studentaid.ed.gov/sa/types

Distance Learning Licensed based program offered online instead of classroom. Access to live recordings and online videos; https://www.campusexplorer.com/college-advice- tips/7021E31E/Different-Types-of-Distance-Learning/

Review Where can you apply for financial aid? What is the difference between a loan and grant? What is CLEP? What program allows you to earn money to pay for college?

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