FAFSA

FAFSA

FAFSA stands for the Free Application for Federal Student Aid. It is a form completed by current and prospective college students in the United States to determine their eligibility for financial aid.

Examples

• Federal Grants: Students may receive Pell Grants based on their financial need as determined by FAFSA.
• Work-Study Programs: Students can qualify for part-time jobs through their schools to help cover educational expenses.
• Federal Student Loans: FAFSA helps determine eligibility for subsidized and unsubsidized loans.

Cases

For instance, a student from a low-income family may fill out the FAFSA and receive significant federal grants, reducing their overall tuition costs. Conversely, a student with a high family income may only qualify for federal loans.