The FAFSA is the Free Application for Federal Student Aid. It’s from the Fed, and is Big Brother’s (the government's) way of assessing your family’s income and providing additional funding to help pay for school. The funding can come in three forms.
A modern day poet once wrote, “mo’ money, mo’ problems.” Guess that guy never had to pay for college. As a senior, it can be quite daunting for you (and if not you, your parents) to think about how you’re going to be able to afford a solid college education. We hear that all the time in the Admissions Office. “There’s no way I can afford to go to a private university.” Or “Yeah, MC is great and all, but I just can’t afford it.”