federal financial aid

Federal financial aid is funding provided by the U.S. government to help students pay for college or career school. It can include grants, which don't need to be repaid, and loans, which must be repaid with interest. The amount and type of aid a student receives depend on their financial need, educational goals, and other factors. To access federal aid, students must complete the Free Application for Federal Student Aid (FAFSA). This support aims to make higher education more affordable and accessible for all eligible students.