The FAFSA unlocks the potential for numerous financial benefits, even if you think your family may not qualify, so file early and annually. Every year, the federal governmentawards about $100 billionin the form of grants, low interest loans and work-study funds to...
Federal student aid is financial aid that is sponsored or subsidized by the US federal government. It's widely available and pretty easy to apply for—there's one application for all federal aid programs called, aptly, the Free Application for Federal Student Aid (FAFSA). The FAFSA is also ...
FAFSA defines a legal parent as your biological or adoptive parent, or your legal parent as determined by the state. If you have a stepparent who lives with one of your legal parents, you’ll generally have to include information about them too. If your parents are same-sex partners, they...
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assets and expenses. Step Three of theFAFSAwill ask: “At any time since you turned age 13, were both your parents deceased, were you in foster care or were you a dependent or ward of the court?” Checking “yes” next to this question will allow you to skip Step Four, which...
Filling out the FAFSA® can feel confusing, particularly if you have separated or divorced parents and aren’t sure how to fill out certain fields on the form.
While the beginning of the academic school year isn't yet upon us, many students are spending their summer trying to set up their finances for the fall 2023 semester. Students should start by filling out a Free Application for Federal Student Aid (FAFSA) to discover their federal aid options...
Federal aid includes Federal Direct Unsubsidized Loans (sometimes called "Stafford Loans"), Federal Direct Subsidized Loans, Graduate PLUS loans, Parent PLUS Loans, and Direct Consolidation Loans. To qualify for a federal loan, you must submit theFree Application for Federal Student Aid (FAFSA). ...
Private loans are available regardless of need, and you apply for them using the financial institution's own forms rather than the FAFSA. To obtain a private loan, you will need to have a good credit rating or get someone who does have one, such as a parent or other relative, to co-...
Parent PLUS loans are loans to parents to use to help their children pay for college. To qualify for a Parent PLUS loan, you must complete an online application, go through a credit check, and ensure your child has completed the FAFSA. ...