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How to Get a Federal Student Loan Without a GED

Most college students seek financial help for their studies, and this help often comes in the form of student loans and scholarships. However, for students who do not yet have a high school diploma or GED, the process of receiving a federal student loan faces some additional obstacles. By taking appropriate measures, students without a GED can secure federal student loans to help them pay for college. This process requires only a few basic steps.

How to Get a Federal Student Loan Without a GED
How to Get a Federal Student Loan Without a GED

Step 1
Complete the FAFSA, apply for Free Federal Student Aid, and submit it electronically or by post. You can find online and printed versions of the form at the FAFSA website, fafsa.ed.gov. Enter your personal information and list the schools you want to receive copies of your financial aid information.

Step 2
Review your Student Aid Report, which will be sent to you about two to three weeks after you apply for the FAFSA. The Student Aid report simply gives you the opportunity to review all the information you have entered into your FAFSA application. Once you’ve reviewed the SAR, sign it and send it back to the address listed on the envelope provided.

Step 3
Ask your potential school about the opportunities to take the Benefitability exam. This test was established in 1996 as an alternative entrance for students without a GED. Passing the Ability – Benefits exam for the federal government and the university or college knowing that you are likely to perform well in a university setting and receive a degree.

Step 4
Complete the Benefitability test. The test has two parts. One tests your math skills and the other tests your English reading and writing skills.

Step 5
Wait for confirmation by mail and/or email that you have achieved a minimum pass score on the Benefitability test. When you receive this confirmation, you will be notified that you are eligible for federal student assistance.

Step 6
Receive a letter of student support from your college or university. This letter will come in the mail. It will list the types of finances that you qualify for. Bypassing the Benefitability exam, you will be eligible for federal student loans. You must indicate that you want to accept a federal student loan as part of your financial aid award.

Step 7
Sign the award letter and send it by post to college or university.

Step 8
Get your award. This process will take one to three weeks after you accept your financial aid reward. Student loans will be applied to your account after the federal government allocates funds.

Tip
You can delay paying your tuition by exempting at most schools once you have passed the Performance Capacity exam and the school knows that you will receive financial support to cover your tuition balance.

Students receive three opportunities to pass the Ability to Benefit test, but a third attempt is only allowed at the recommendation of the school’s financial aid advisor.

You may be asked to take only part of the Benefit test. Ask about this before taking the test.

Alert
A Performance Request may delay the awarding of your student allowance and this may affect your ability to cover accommodation and other school-related expenses.

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