GovLoans.gov has information about government loans available to individuals. You can look for loans by topic, compare them, or take a short questionnaire to determine your eligibility for each program.
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How Do You Apply for a Government Grant or Loan?
Video description
We challenged you to create videos that answer common questions about government benefits and services. Here’s one of the winners of the contest. View all of the winning videos, submissions and contest rules at faq.challenge.gov.
Video transcript
Actor 1: So you’re an individual and you’re looking for a government grant or loan. You might be wondering where do I look? How do I start? Who do I ask? Well there’s a few websites you might want to check out.
Actor 2: Benefits.gov is the official government benefits website, with more than 400 federal and 600 state programs. All you have to do is fill out a confidential form and you’ll receive a list of programs that may work for you.
Actor 3: You dream of starting a small business. SBA.gov is the Small Business Administration, designed to help you the entrepreneur start or grow your small business.
Actor 4: GovLoans.gov is another helpful source for finding the loan you need, ranging from agriculture to business, disaster relief, education, housing, or even military veteran.
Actor 5: If you have a disability, Disability.gov is a resource for individuals seeking more information and further opportunities. If you happen to be working with an organization, check out Grants.gov for all your loan needs.
Actor 1:Lastly, the Catalog of Federal Domestic Assistance is a huge, valuable directory that lists over 15 types of grants and loans among their 1500 total programs.
The Small Business Administration can walk you through the loan process. Find your local office. You can also use their online loan and grant finder tool to find special loans that you qualify for.
Your school closed before you could complete your program.
For FFEL℠ and Direct Stafford Loans only: Your school owes your lender a refund, forged your signature on a promissory note, or certified your loan even though you didn’t have the ability to benefit from the coursework.
You work in certain designated public school service professions (including teaching in a low-income school).
You file for bankruptcy. (This cancellation is rare and occurs only if a bankruptcy court rules that repayment would cause undue hardship.)
If you are unable to work and earn money because of an injury or illness that is expected to continue indefinitely or result in death, you may apply for a Total and Permanent Disability (TPD) discharge of your FFEL Loans, Federal Perkins Loans, Federal Direct Loans, or TEACH Grant service obligation. Disabilitydischarge.com has more information on qualifying and to apply for a TPD discharge.