Overview of Financial Aid Programs: 2026-27
This guide introduces federal student aid programs, including Title IV programs, state aid, Health and Human Services (HHS) programs, and other sources of financial assistance.
Upon purchase, you'll have access to the e-Reader version, and/or download the PDF from the NASFAA website.
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Published April 2026
Learning Objectives
Lesson 1: Introduction to Financial Aid
- Understand the definition of financial aid;
- Understand the categories and types of financial aid;
- Recognize and understand the common sources; and
- Know the definitions of financial need and Title IV academic year.
Lesson 2: The Title IV Grant Programs
- Identify the Title IV grant programs;
- Know the purpose of each grant program;
- Understand program-specific eligibility criteria for each grant; and
- Understand the role the student aid index (SAI) plays in determining eligibility for each grant.
Lesson 3: Title IV Self-Help Programs
- Identify the Title IV self-help programs and their features;
- Recognize the purpose of loan programs versus employment programs; and
- Understand the eligibility criteria for each program.
Lesson 4: Other Assistance Programs
- Recognize other assistance programs; and
- Identify assistance programs for the health professions.