The Free Application for Federal Student Aid, the FAFSA, is the most important step to qualify for financial aid for college. This is the required form to receive federal money, such as Pell Grants, loans, and work study. Information from the FAFSA is also used by colleges to decide on grant awards and scholarships. Homeschoolers should familiarize themselves with the FAFSA and make sure they are ready to take care of this important step in the college planning process.
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