Can the fafsa help you get a higher education debt free without student loans?

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  • Laurie
    Lv 7
    1 month ago

    The FAFSA is just a form that the Dept of Education uses to evaluate your family's finances. They determine what types of federally-based financial aid you are ELIGIBLE for, but each SCHOOL decides what aid you are offered. The school may offer you federally-based financial aid, or they may offer you OTHER types of aid instead of, or in addition to, federal aid. The financial aid you are offered is based on full-time attendance, so if you decide to attend only part-time, you may not receive the full amounts you were offered.

    Each school’s offer may be quite different. This is because the cost of attending each school is different, and also because some schools have more money to give than others.

    When you receive the offers and decide which school you want to attend, you are free to accept any parts of the aid you wish, and to decline others. Therefore, if you wish to accept the grants and scholarships, but decline the loans, you may.

    However, YOU will have to figure out how to come up with the money to pay whatever the aid you DID accept doesn’t cover.

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  • 1 month ago

    FAFSA is just a form that your parents fill out. That info is sent to the schools. The school decides what kind of aid they can offer, usually in the form of scholarships, grants, loans and work/study. They would rarely make an offer that didn't include some loans- you are expected to pay back some of the money. 

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  • 1 month ago

    yes! depending on your income and other financial factors, fafsa can get you government scholarships. if you are in a particularly low income tax bracket, the government may pay for most or all of your college. other things that can help include work study programs, community foundation scholarships, and academic scholarships. 

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