When you fill out a Fafsa form for college, does it show eligibility for free money and grants? Or is it?

February 19th, 2009 | by admin |
  1. 4 Responses to “When you fill out a Fafsa form for college, does it show eligibility for free money and grants? Or is it?”

  2. By KittyToes! on Feb 19, 2009 | Reply

    No, the FAFSA is for the Federal Pell Grant, which doesn’t have to be repaid.

  3. By Casey on Feb 19, 2009 | Reply

    I’ve done the Fafsa twice. You will have to wait a couple months to hear back from them. The college you apply to uses your Fafsa numbers to calculate how much in grants and loans it will offer you. If you demonstrate enough financial need you will be offered a pell grant, which is a pretty generous grant in my opinion. So the answer is, Fafsa is used so your school can determine how much money you need in loans and in grants

  4. By rae on Feb 23, 2009 | Reply

    it shows everything. it is best to contact your college or university for an accurate number amount

  5. By ds31 on Feb 25, 2009 | Reply

    The FAFSA is for both grants and loans as other posters have already stated. The only way to know for sure what you will be offered is to speak directly with the financial aid office at your college. However, once you have completed the FAFSA you should get a SAR (student aid report) back. On the SAR, there should be a EFC (estimated family contribution) number on that report. The lower the number, the more likely you are to receive grants and not just offers for loans. Good luck!

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