US FAFSA Application: Getting higher education in the US can be expensive, and most students resort to loans for this. To overcome this problem, the US government has issued ‘Free Application for Federal Student Aid’ (FAFSA) forms. Through FAFSA, students get financial assistance for education, so that they can continue their studies without worrying about money.
Financial Aid from FAFSA
FAFSA provides assistance to students such as federal grants, loans and work-study programs. This help is important for students, as it saves them from money troubles while studying in college or university. Federal grants, such as Pell Grants, which do not have to be repaid, are a great relief for students.
Low-interest rate loans and other benefits
The interest rate of loans available through FAFSA is also low, so that students do not face much difficulty in repaying their loans. Additionally, work-study programs allow students to work while studying and supplement their income.
Support by many states and colleges
FAFSA data is also used by many states and colleges to award special scholarships and grants. This opens up more opportunities for students to help cover the cost of their education.
Eligibility for FAFSA
To fill out the FAFSA form, one must be a US citizen, national or eligible non-citizen. Students need a valid Social Security number and can fill it out online at the fafsa.gov website, detailing their financial situation.
