Question Posted Wednesday September 2 2009, 10:00 pm
So I'm going to apply for Fafsa because i really need money for college, and i thought that you didnt have to pay them back, but now I hear that you do??? how does that work?
And if it helps, my parents are BROKE. and i mean really really broke to the point of bankruptcy.... so what does that mean for me?
elw5039 answered Thursday September 3 2009, 12:15 pm: FAFSA stands for free application for federal student aid. When you submit a FAFSA you are applying for grants and things like that which you generally do not have to pay back. They determine how much you can get by your families income. So if your family doesnt have much money, like your saying they dont, then you should get a nice amount of financial aid. Now it also depends on what kind of school your going to. If your going to a private school that costs $40,000 a year you might only get $10,000 which would present a problem for you. But if your doing to a state university or community college your tuition could be for the most part paid for. Either way fill it out and submit it asap because its first come first serve and any help is better than none. [ elw5039's advice column | Ask elw5039 A Question ]
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