Completing the FAFSA: Everything You Should Know
"The FAFSA is the financial aid form for accessing grants, federal student loans and work-study funds. Filling out the Free Application for Federal Student Aid, known as the FAFSA, is one of the most important steps students and their families can take to pay for college.
In fact, the U.S. Department of Education awards around $150 billion in financial aid annually to help students pay for their education at 6,000 colleges, universities and career schools. This aid comes in the form of grants, student loans and work-study funds. In other words, funds can be awarded, such as with a grant; borrowed; or earned through work experience." ...