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The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.
Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded through grants, loans, work-study, and scholarships. To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid .
The FAFSA position is a historical term in college admissions in the United States that referred to the position where a prospective college appeared on an applicant's FAFSA form. [ 1 ] [ 2 ] FAFSA permits an applicant to list up to ten colleges on the form, and the entire list was historically sent to each college. [ 3 ]
Provided federal funding for school districts in areas affected by federal activities. Pub. L. 81–815: 1950 (No short title) Provided federal funding for school districts in areas affected by federal activities. Pub. L. 81–874: 1954 Agricultural Act of 1954: Included a provision establishing the Special Milk Program. Pub. L. 83–690: 1958
The Free Application for Federal Student Aid (FAFSA) must be submitted for each year of enrollment. One form covers both semesters of the school year with payments issued every quarter or semester.
Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance—grants, loans and work-study programs—for education beyond high school. The programs Federal Student Aid administers comprise the nation's largest source of student financial aid: during the 2010–11 school year alone ...
Title IV of the Higher Education Act of 1965 (HEA) covers the administration of the United States federal student financial aid programs. [1]American colleges and universities are generally classified with regard to their inclusion under Title IV, such as under the U.S. Department of Education statistics.
The federal government does not distribute aid directly to the student or the student's family; it goes through the college. Colleges use the student's federal student aid eligibility and combine it with state financial aid (if any) and their own aid to create a financial aid package for the student.