Registering for the draft is not only the law, but also necessary in securing your future. Not registering can result in a fine of up to 250,000,00 and up to five years in prison. Students who fail to register will be ineligible for Federal student loans or grants such as Pell Grants, College Work Study, Guaranteed Student/Plus Loans, and National Direct Student Loans. Also, the Workforce Investment Act, which offers programs that train for jobs in auto mechanics and other skills, is only open to men who are registered. Also, men who failed to register will be denied jobs in the Federal branch of Government and Postal Services.