Can you graduate higher education debt free by filing the fafsa?

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  • Lili
    Lv 7
    7 months ago

    Maybe, but that will depend on where you go to school and how much grant/scholarship money the school is willing to give you on the basis of the information in your FAFSA application.

    For example, the better private colleges have a lot of aid money available and may offer a free ride, or close to it, to people whose family incomes fall below a certain level. Some do not require students to take out loans.

    But you have to be academically and otherwise qualified to get into those schools.

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  • Eva
    Lv 7
    8 months ago

    Since college financial aid packages are determined by the information contained in the fafsa application, it is possible. Private colleges have a bit more leeway in offering aid to students they want at their institution. Filing a fafsa is just the first step.

    • martha8 months agoReport

      Thanks

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  • 8 months ago

    Not usually. The financial aid offered by colleges, after processing the FAFSA, usually includes loans. However, the loan amounts may be much lower if you qualify for financial aid because of your parents' income.

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  • 8 months ago

    If you work (as 80% of American college students do), you & your parents have saved up money for your college education, you have won some independent scholarships, and qualify for financial aid through FAFSA, it is possible to graduate debt-free. You have to plan ahead, manage your money very carefully.

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  • 8 months ago

    Just filing the FAFSA form doesn't automatically pay for your college education. Your eligibility for scholarships and loans is determined partly by your grades, partly by the school you attend, and partly by your parents' income.

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  • Anonymous
    8 months ago

    That depends on a variety of factors.

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