Staff Answer
Jan 02, 2023 - 08:02 AM
In the US, FAFSA is the Financial Application for Federal Student Aid (FAFSA). In order to receive federal aid (US government-back student loans), you must complete the FAFSA form. Based on your year in school and the school that you are attending, as well as other factors such as how much aid you need, FSA will provide a financial aid offer to you. Note - the offer is a loan that is tied to an interest rate and may have an origination fee. Once you select the school and enroll, the funds are sent directly to the school. You will then repay the loans over time back to the government through one of the many national student loan servicers.
Add New Comment