Free Application for Federal Student Aid
People also ask
How do student loans work with FAFSA?
Based on the results of your FAFSA form, your college or career school will send you a financial aid offer, which may include federal student loans. Your school will tell you how to accept all or a part of the loan. Before you receive your loan funds, you will be required to
What is the FAFSA®?
Apply for federal student aid鈥?grants, work-study, and loans 鈥攗sing the Free Application for Federal Student Aid (FAFSA ) form. And remember, the first F in 鈥淔AFSA鈥?stands for 鈥渇ree鈥濃€?you shouldn鈥檛 pay to fill out the FAFSA form!
What is the difference between student loans and financial aid?
The main difference between student loans and financial aid is whether or not you need to pay back the money you are given. Student loans generally require that you pay back the loan with interest, while financial aid packages like scholarships and grants typically do not need to be paid back.
What are federal student loans for college?
Federal student loans for college or career school are an investment in your future. If you apply for financial aid, you may be offered loans as part of your school鈥檚 financial aid offer. A loan is money you borrow and must pay back with interest.