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Key takeaways. The Free Application for Federal Student Aid (FAFSA) is a form you complete annually for financial aid. If your parents never married, enter "never married" for Step 4 on the form.
The FAFSA application process is now easier to complete, as the application has been simplified in recent years to make it easier for students to apply for federal financial aid.
The ISAC College Q&A texting service, available in English and Spanish, allowing students and parents to text their college and financial aid questions and get answers from ISAC experts.
The original FAFSA form had 108 questions, which was a significant barrier for many low-income families seeking financial aid. [22] The questions were broadly seen as excessively detailed and unnecessarily complicated, with students being required to dedicate several hours to completing their application.
In cases in which a student qualifies for merit-based (rather than need-based) financial aid, the student and their family may pay less than the EFC. A well-to-do family's EFC may exceed the cost of attendance at a school, and in that case the student does not have financial need, as defined by the federal financial aid system.
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
The federal financial aid form looks different in the 2024-25 school year. Here's what college students and parents need to know about the new FAFSA.
The prospect of filling out the Free Application for Federal Student Aid (FAFSA) sounds as enticing as having teeth pulled with rusty pliers, but if you have a child about to attend college, this ...