What is it? What does it do? Should I file one? How often should I file? These are all important questions about the essential form for financial aid. On this page you can find some useful information about form, so keep reading!
What is it? The FAFSA stands for The Free Application for Federal Student Aid. Mystery #1 has now been solved! I’d like to point out a key word in its name: FREE!!! It doesn’t cost any money to file the FAFSA and you need to file it to potentially qualify for any federal or state aid. So, go ahead, file your FAFSA!
What do I get for filing a FAFSA? Hopefully, just by reading that second paragraph you’re convinced that you should file a FAFSA, but at the same time you are probably wondering what you can get by filing one. There are federal and state grants, federal student loans, and federal work study dollars and your eligibility for all of these programs is determined by filing the FAFSA.
How often should you file? You need to file the FAFSA for every academic year. If you didn’t qualify for any grants your first year you might your second, third, or fourth depending on a number of variables.
If you want the official word on the FAFSA visit www.studentaid.ed.gov, if you’re ready to file it visit www.fafsa.ed.gov, and if you need some help call Cleveland Scholarship Programs at 216.241.5587.