Which statements best describe the purpose of fafsa
What is the official purpose of FAFSA?
The FAFSA isn’t just for people who want or need federal student loans. The purpose of the FAFSA is also to determine aid you won’t have to pay back, like college scholarships, grants, and even work-study funding. Finally, some private scholarships require a FAFSA as part of their application process.
What is FAFSA in simple terms?
What is a FAFSA and what does it determine?
The Free Application for Federal Student Aid, or FAFSA, is the form that determines your financial aid from the government and most colleges. The form collects personal and financial information from students and parents, and applies a formula to determine your Expected Family Contribution, or EFC.
What is the purpose of the FAFSA or Free Application for Federal Student Aid select 2 answers quizlet?
Why is financial aid important?
What is the purpose of the FAFSA quizlet?
It’s a need-based student loan offered by the U.S. Department of Education to assist American college students in funding their post-secondary education. Your school is the lender; you will make the payments to the school that made your loan.