FAFSA 2024

What does FAFSA stand for?

• • Free Application for Financial Assistance

• Federal Aid for Students Application

• • Free Application for Federal Student Aid

• • Financial Aid for Students Assistance

1. Which type of aid is not directly available through FAFSA?

• Grants

• Scholarships

• Loans

• Work-Study

When should students submit the FAFSA?

• • After they are accepted to college

• • As soon as possible after December 1st

• • After graduation from high school

• • On the last day of the application deadline

Which of the following documents is required to fill out the FAFSA?

• 1. Birth certificate

• 1. Student’s Parents' most recent tax returns

• 1. Letter of recommendation

• 1. Student’s high school diploma

Who needs to create an FSA ID to sign the FAFSA?

• • Only the student

• • Only the parent

• • Both the student and at least one parent

• • Neither the student nor the parent

TRUE or FALSE: FAFSA is only for students who plan to take out loans.

• False

• True

TRUE or FALSE: You can make corrections to your FAFSA after you submit it.

• True

• False

TRUE or FALSE: You only need to fill out the FAFSA once during your college career.

• True

• False

TRUE or FALSE: Living on your own and paying all of your own expenses gives you independent status for the FAFSA.

• True

• False

What type of loan does the FAFSA offer that does NOT accrue interest until you finish your degree?

• unsubsidized loans

• low-interest loans

• subsidized loans

• Federal loans