Deadline June 30th, 2018

What is the FAFSA and How Does It Work? 
The Free Application for Federal Student Aid (FAFSA) is the key to obtaining federal financial aid like grants, work-study, student loans, and some scholarships used to pay for college.

Is FAFSA loan?
No, Free Application for Federal Student Aid (FAFSA) is not a loan. But it is a federal application that will determine your eligibility for federal and state financial aid programs. After you complete the FAFSA, you may discover that you are eligible for scholarships, grants, work-study, and student loans.

Is the FAFSA free money?
The FAFSA is free. To qualify for many types of aid, you'll need to complete the Free Application for Federal Student Aid (FAFSA). This application gives you access to these types of aid: Grants and scholarships: money you don't have to pay back.

What are the four types of financial aid?
There are four main types of financial aid for college students including grants, scholarships, loans, and work-study funds.

What are the three types of federal student aid?
Most federal aid is need-based. The three most common types of aid are grants, loans, and work-study funds. Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status.

GI Tax Service experts are available with free assistance in completing the FAFSA application. Contact us today!