The Free Application for Federal Student Aid (FAFSA) is a form that college-bound students must fill out in order to qualify for financial aid. Knowing which of the following statements about FAFSA is true can help prospective students make the most of their college experience.
Understanding FAFSA
FAFSA is a free application available to students who wish to apply for federal, state and institutional financial aid for college. It must be completed each year and is used to determine a student’s eligibility for grants, loans and work-study programs. The form requires information about a student’s family income, assets and other financial resources.
Eligibility for FAFSA
In order to be eligible to apply for FAFSA, students must be a U.S. citizen or an eligible non-citizen. They must also be enrolled or accepted for enrollment in an eligible degree or certificate program at a college or university. Additionally, they must have a valid Social Security number and meet certain income requirements.
The Free Application for Federal Student Aid (FAFSA) is an important step for any student looking to pursue higher education. Knowing which of the following statements about FAFSA is true can help prospective students make the most of their college experience.
