Federal Financial Aid
What is Federal Aid?
Federal Aid includes Pell Grants and Direct Student Loans awarded by the U.S. Department of Education. “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.” ( StudentAid.gov) These awards are determined based
Types of Federal Aid
Pell Grant Federal
Federal Pell Grants are awarded to undergraduate students who display exceptional financial need on their FAFSA. Unlike a loan, Federal Pell Grants do not have to be repaid.
Direct Student Loans
Direct Student Loans are monies borrowed by students from the U.S. Department of Education. When used judiciously, loans can be an additional resource to help fund education. These loans need to be repaid. Eligible students may accept loans on their financial aid portal once the FAFSA has been processed. See loan policies for more information.
Direct PLUS Loan
Direct PLUS Loans are available for eligible parents to borrow on behalf of their student. The student is required to complete the FAFSA after which the parent completes an additional application for the Direct PLUS Loan. A credit check will be conducted for the parent.
Federal Aid Eligibility
The U.S. Department of Education requires the university to have
The FADD is normally the end of the
The PAT is used to confirm that a student’s registered courses are program applicable, therefore eligible to receive federal financial aid. Only courses directly related to the student’s declared program/major will count toward the credit level in which aid is awarded.
Verification is a process in which selected students must provide additional documentation to show that the information submitted on the FAFSA is accurate. Approximately 3-5 business days after a FAFSA is submitted and received by BYU-Idaho, students may see needed documents in the Required Documents box on their financial aid portal
Receiving Your Federal Aid
Priority deadlines for the FAFSA and verification documents can be found on our Dates/Deadlines policy page. While documents may be accepted late, it is highly encouraged to submit the FAFSA and verification documents by the priority deadlines to ensure a timely financial aid disbursement .