What is the FAFSA?
FAFSA stands for the Free Application for Federal Student Aid. The FAFSA is a free form that may be completed without professional assistance via paper or electronic forms provided by the U.S. Department of Education. To apply for federal financial aid, you need to fill out the FAFSA and return it to the U.S. Department of Education, which processes it and sends the information to the colleges you’ve listed on the form. Schools use the information to decide how much financial aid they will give you if you attend their institution.
The Free Application for Federal Student Aid (FAFSA) is a form that must be filled out by every student seeking financial aid for attendance at any school in the nation. This form calculates a family’s financial need—it creates an Expected Family Contribution (EFC) that is a measure of how much or little a family can support a student in college. For more information, or to fill out the FAFSA online, go to www.fafsa.ed.
A. It is an acronym for Free Application for Federal Student Aid. The FAFSA is a federal form that you must complete when applying for federal aid. The FAFSA is used to determine your family’s financial strength and your eligibility for federal student financial aid including grants, work-study and student loans.