The Free Application for Federal Student Aid is a form through which the present and prospective undergraduate and graduate students for determination of their eligibility to receive the financial aid. It is popular with the name of FAFSA among the people in the country. In simple language, it can be defined as the centralized method for applying for the studies. This form is demanded by almost every college in the United States for getting the financial aid. It is a very simple type of form that people can fill easily.
There are many different kinds of financial offered by the government for the students. It includes Pell Grant, Federal Perkins Loan, Federal Work-Study Program, and Stafford Loan. Under the Federal Work-Study program, a certain type of part-time work is offered to the students where both college and school paid 50% of the student’s wage.
FAFSA Important Details
There are three preparation options available for this financial aid program as per the official site of the American Department of Education. Firstly, they can prepare by visiting the official website of FAFSA whereas the second one is through the telephone. The third option is to apply via the paper-based application.
In order to be eligible for this aid, there is a criterion that student has to meet. According to that, they should be a US citizen or a US national, should have a valid social security number, and should have a GED or high school diploma.