All of the following are true about the FAFSA (Free Application for Federal Student Aid) EXCEPT –
A. it determines how much in federal student loans you qualify for
B. the government uses it to determine how much grant money to award you
C. you should pay a company to help you prepare it, so you qualify for as much money as possible
D. it will allow you to apply for a federal work-study program so you can earn money during college
Answer – C. you should pay a company to help you prepare it, so you qualify for as much money as possible.
FAFSA or Free Application for Federal Student Aid is considered to be the official form that helps in applying for the federal financial aids that can be helpful for the individuals to pay their college fees. FAFSA can also be implemented by different states, universities and the individual colleges with the aim of making the decisions based on financial aid. FAFSA mainly determines the individuals who can be provided appropriate aids based on loans, grants and scholarships that are related to information being collected from applications. The period of each of the FAFSA applications are of 19 months which start from 1st October of a year before year of the awards and end on June 3 of award year. The fast-filling FAFSA applications is considered to be an effective idea as different states can have the deadlines related to financial aid which can be earlier than the 30th of June. The aids are mainly available for the individuals on a first-come and first-serve basis and they help in proper completion of the college education of individuals. Around 240.7 billion dollars are provided as financial aid per year as an important part of the Department of Education of the United States. The financial aids consist of different things that include loans, work-study and grants.
The career school or college of a student can provide financial aid to the students with the aim of helping them in enhancing affordability levels of their education. The eligibility of receiving the federal student aids include being an eligible non-citizen or a citizen within the United States. The students who have a certificate of the General Education Development or the high school diploma are eligible for the student aid. The reason behind the selected option being wrong is that the financial aid is provided for free by the government and the students do not need to pay the company for helping them to prepare for the job. On the contrary, FAFSA is a form that can be easily filled by the students with the aim of understanding their eligibility based on the federal loans that can be offered to the students. The students can gain the loans based on their levels of eligibility and need and according can use them for fulfilling their needs and ensuring that their future career can be developed effectively.
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