Federal student aid covers such expenses as tuition and fees, room and board , books and supplies, and transportation. Aid also can help pay for other related expenses, such as a computer and dependent care.
1. informing students and families about the availability of the federal student aid programs and the process for applying for and receiving aid from those programs;
2. developing the Free Application for Federal Student Aid (FAFSA®) form and processing approximately 20 million FAFSA submissions each year;
3. accurately disbursing, reconciling, and accounting for all federal student aid funds that are delivered to students each year through more than 6,000 colleges and career schools;
4. managing the outstanding federal student loan portfolio and securing repayment from federal student loan borrowers;
5. offering free assistance to students, parents, and borrowers throughout the entire financial aid process; and
6, providing oversight and monitoring of all program participants—schools, financial entities, and students—to ensure compliance with the laws, regulations, and policies governing the federal student aid programs.
Feel free to ask me more questions; I'm happy to help. (Don't forget Brainliest!)
