The schools where you get accepted will look at info from your FAFSA® and use it to put together your financial aid package for one year. Your package may include college grants, work-study, federal student loans, and even state and school financial aid.

iling the FAFSA® (Free Application for Federal Student Aid) is your key to getting all kinds of financial aid for school—we’re talking federal, state, and school aid. If you want to qualify for the most free money you can, and pay less out of your own pocket for school, you need to file the FAFSA®. Nearly everyone who submits the FAFSA® qualifies for some aid.