Every year, the U.S. Department of Education receives more than $120 billion in financial assistance. But in order to tap into the funds available, it is important that graduate learners be well versed in the different forms of grants, loans, and work-study services by which this money is disbursed.
The amount of tuition students pay will depend on factors such as their program and year of study, their course load, and their campus. While the exact tuition fees for each academic year are typically finalized in the spring, students can take a look at the previous year’s amounts in their area of study to get an idea of how much they will pay intuition. The total fees will include incidental and ancillary fees.
The central mission of Federal Student Aid is to guarantee that all qualifying Americans benefit from federal financial assistance—grants, loans, and work-study programs—for college after high school. Federal Student Aid services are the nation’s primary provider of student financial assistance: during the 2010-11 academic year alone, Federal Student Aid delivered about $144 billion in new aid to almost 15 million post-secondary students and their families. In addition to Washington, D.C. headquarters, a workforce of 1,200 is located in 10 cities.
