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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.
What else can I help you with?
Will your bank account be closed if there is no money in it?
If you keep no money in your account for a prolonged duration of time or if you dont use your bank account for a very long time, then the bank has the right to either make your account dormant or even close it. Only an active account that has a minimum balance in it is eligible to be open and in service.
Can I wire money from my bank account to another account?
Yes, you can wire money from your bank account to another account.
How you get interest rate?
First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account
Can I deposit a money order into my bank account?
Yes, you can deposit a money order into your bank account.
Can my bank wire money to another account?
Yes, your bank can wire money to another account.
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.
Will your bank account be closed if there is no money in it?
If you keep no money in your account for a prolonged duration of time or if you dont use your bank account for a very long time, then the bank has the right to either make your account dormant or even close it. Only an active account that has a minimum balance in it is eligible to be open and in service.
How do you find out if you are eligible to open a bank account?
You go to the bank, and ask to open a new account. They will tell you yes or no.
Can I wire money from my bank account to another account?
Yes, you can wire money from your bank account to another account.
How do you put money on an account?
Walk into an ATM and deposit the money into your bank accountWalk into the bank branch (any bank that you have an account with) and deposit the money into your bank account
How you get interest rate?
First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account
Who owns your money in a bank account you or the bank?
The person whose name is on the account owns the money. The bank holds it for them.
What is withdrawal of bank account?
taking out money from your bank account because you want to use the money.
Can I deposit a money order into my bank account?
Yes, you can deposit a money order into your bank account.
Can my bank wire money to another account?
Yes, your bank can wire money to another account.
Can you deposit money orders in your bank account?
Yes, you can deposit money orders into your bank account.
What is the Money placed in a bank?
Money placed in a bank account
