BACKGROUND ON THE FAFSA
All federal student aid programs – which include student loans, grants and work-study, for example – are funded by federal tax dollars paid by U.S. citizens.
Each year, Congress appropriates money to fund these programs as part of the annual budget process. Once the budget is finalized- passed by both the House of Representatives and Senate – and signed into law by the president, Congress electronically transfers the money from the Department of the Treasury to the Department of Education.
Check out this video explaining that FAFSA is the application that gives you access to these funds.
A great resource is the FAFSA twitter feed
WHAT DO YOU NEED TO COMPLETE FAFSA?
WHAT IS THE BEST WAY TO FILE?
COMMON MISTAKES/FAQ ON THE FAFSA
- Complete the FAFSA with multiple children/dependents
FILL OUT THE FAFSA