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What is FAFSA?

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The Free Application for Federal Student Aid (known as FAFSA), is a form that must be filled out annually by current and anticipating university students (both undergraduate and graduate) and sometimes their parents in the United States to determine their eligibility for federal student financial aid (including grants, loans, and work-study programs). In addition, most states and schools use information from the FAFSA to award non-federal aid. The FAFSA consists of numerous questions regarding the student's finances, as well as those of his or her family; these are entered into a formula that determines the Expected Family Contribution (EFC). The amount of the EFC can vary widely, depending on a number of factors; for example, one such factor is whether a student has siblings in college at the time. Other entities, such as the specific college or state of the student, may also use some of these responses to determine if the student is eligible for school or state aid, in addition to federal aid. A Student Aid Report (SAR), which includes a summary of the students financial aid formation and the EFC, is forwarded to the schools listed by the student as well as the student. These schools then use the SAR to determine what financial aid package (if any) to award the student.
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Do you have to be a U.S. citizen to fill out the FAFSA?

Yes, you must be a U.S. citizen or an eligible noncitizen to fill out the Free Application for Federal Student Aid for college. You are considered an eligible noncitizen if yo

Does FAFSA have to be paid back?

FAFSA stands for Free Application for Federal Student Aid.  After filling it out, you will find out if you are eligible for grants, loans, scholarships, and work study.  You

When can you fill out FAFSA for 2014-2015?

You can fill out the FAFSA for the Fall 2013 to Spring 2014 school year starting January 1, 2013.  You can fill out the FAFSA for the Fall 2014 to Spring 2015 school year sta

What does an efc of 00000 mean on the FAFSA?

You'll get the Pell Grant and also Work-Study Programs and Loans. The Pell Grant can be up to $5,500 for the entire year.

How can FAFSA help?

It can pay off most or all of your tution cost's so you'll only have to buy your books, school supplies etc. With the Pell Grant you can get $5,500 for the entire year.

What does FAFSA pay for?

That Free Application for Federal Student Aid (FAFSA) determines your financial need for college. The FAFSA itself does not help you pay for college, rather it is an applicati

What if your EFC on FAFSA is 0000?

EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if y

How do you beat the FAFSA?

It's best to apply in March,

How can you reset your FAFSA pin?

If you need to reset your Federal Student Aid pin, you can follow the instructions at the Student Aid Pin link below. There are directions for what to do if you simply forgot

What does 0000 EFC mean on your FAFSA?

EFC stands for expected family contribution. Having an EFC of 0 just means that your family is expected to contribute $0 towards your education. It means you'll get more aid.

What does EFC on the FAFSA mean?

EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if y

Can I fill out a FAFSA if I owe taxes?

You can, but if you get a refund from the school your attending based on State Laws it may be taken as part of payment to reduce the debt. (i.e child support etc.)

What does 15270 mean on the FAFSA?

EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if y

What if the FAFSA loan isn't enough?

If the loans you are eligible for after filling out a FAFSA are not enough to cover the entire cost of your college education, there are other ways that you can save on colleg