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Q: How much money can you have in your account for the FAFSA?
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Does FAFSA money go into your checking account?

The financial aid you receive after filling out a FAFSA will go straight to your school first to cover your tuition, fees, and room and board if applicable. If there is an overage, then your school will either send you a check or they will direct deposit the money into your bank account.


How much money can you have in your bank account to be eligible for FAFSA?

You are eligible to fill out a FAFSA no matter what is in your bank account. The FAFSA is a free application for aid from the government to be used for higher education. The application asks for various points of financial information about a student (and parents) to determine how high the Estimated Family Contribution (EFC) will be. The government uses a formula to see how this EFC will interact with the coast of attending school and may offer grants or loans to help the student come up with money to pay for school.


Can I fill out the FAFSA worksheet online?

Yes you can fill out the FAFSA worksheet online. http://www.fafsa.ed.gov/ is the site to fill it out online. Through there you can create an account and submit the fafsa form.


How can a FAFSA be used to purchase a laptop?

If your School sells laptops in their bookstore you can use your FAFSA money to buy one outright and they will just take the money out of your account. If your school bookstore does not sell them, then you have to wait and see if you have any money left over after paying for tuition and books etc. then the unused portion gets send to you in a check that you can use for anything you would like.


Which websites carry FAFSA calculators?

Go directly to the FAFSA website to find info on how much you could expect from your FAFSA application.


How can i tell how much money I'm receiveing from fafsa?

In the US, you will be notified via mail from FAFSA within a few weeks after applying for the Federal Assistance. If you need help finding out how much you owe on your loans, contact the Dept of Ed. at 1-800-4FEDAID.


What is card balance?

It is the balance on your account, indicating either how much money you owe or if you have some money in the account.


What is the difference between a money market account and a checking account?

When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.


How Much Money is on This Earth?

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What is credit card balance?

It is the balance on your account, indicating either how much money you owe or if you have some money in the account.


What is a credit card balance?

It is the balance on your account, indicating either how much money you owe or if you have some money in the account.


What do bankers use spreadsheets for?

To keep track of how much money someone has in their bank account. To keep track of how much money someone has in their bank account.