College Financial Aid Planning � 2021 | Best Guide

Finn Kevin12 May, 2022Business

Many factors affect eligibility for federal financial aid; therefore, all students should apply for college financial aid every year even if they think they do not otherwise qualify. FAFSA. The Free Application for Federal Student Aid (FAFSA) is the first step in the college financial aid process. Students use the FAFSA to apply for federal student aid, such as grants, loans, and work-study. The FAFSA must be submitted for each year the student wants college financial aid.