The Free Software for Federal Pupil Support (FAFSA) is a kind that each one school college students in the USA should full to use for federal scholar assist. The FAFSA collects details about your loved ones’s revenue and belongings, and makes use of this data to calculate your Anticipated Household Contribution (EFC). Your EFC is then used to find out how a lot federal scholar assist you might be eligible to obtain.
Finishing the FAFSA is a vital step within the school software course of. If you don’t full the FAFSA, you’ll not be eligible for any federal scholar assist, together with grants, loans, and work-study applications. The FAFSA is offered on-line on the Federal Pupil Support web site, and it is suggested that you simply full the FAFSA as early as attainable after January 1st of your senior yr of highschool.