Selective Service v. Minnesota Public Interest Research Group - Financial Aid Conditions

The conditions that a student must meet to receive financial aid can vary from state to state and from school to school. On the federal level, the United States Department of Education sets various conditions for both schools and students to qualify for federal funds. Registration for selective service by all adult males over the age of eighteen is mandatory for male students to receive financial aid.

The forms of financial aid are many and varied, ranging from loans and grants to scholarships and work-study arrangements. Typically, schools determine what kind of financial aid a student qualifies for based on need. If a student has more than a certain amount of income and assets, that student may not qualify for need-based grants or scholarships or loans. The most important factor after receiving financial aid is academic performance and progress. If a student is not making satisfactory progress toward a degree, or if the student is not maintaining enough class credits, then the student may lose financial aid.