Guide to the FAFSA
What Does FAFSA Stand For?
The Free Application for Federal Student Aid (FAFSA). And yes, the free FAFSA is the version you should be looking for, you will find some websites that charge for it.
Why You Should Fill Out the FAFSA Form
The FAFSA is the form that determines most of the aid you’re eligible to receive as a student. The federal government alone doles out nearly $170 billion in student aid each year and they decide who gets how much of that money based on the information included in your FAFSA form. And that’s just one part of the student aid pie the FAFSA form helps you cut into, most states use the FAFSA application to determine eligibility for state aid, and most colleges also use the form to determine how much private aid to provide to prospective students.
In case it’s not clear, this all means that if you’re thinking about going to college next year, you should definitely submit the FAFSA application.
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