FAFSA stands for the Free Application for Federal Student Aid and is a federal program offered through the government. FAFSA is a form for Federal Student Aid that may be used by states, local governments, the federal governments, colleges, and many other organizations as a means of awarding financial aid. By submitting your form either online or by mail, you will be able to get access to specific grants, scholarships, and other work-student programs as well as federal student loans.
By completing the FAFSA form, you are taking the very crucial first step in making plans for college. Before we move any further, there are a few things you should look into prior to going out and borrowing a loan. You may want to consider the following.
- How much can you truly afford to borrow
- What options do I have to pay for college
To get a better idea of what you can qualify for, FAFSA is the number one place you should start. Did you know you can also apply for FAFSA every year that you are in college? This process generally only takes about 30 minutes to complete. If you are ready to take the first step to get free money towards college click the button below.