The Free Application for Federal Student Aid (FAFSA) is the universal application used by the federal government, states, and colleges to determine financial aid eligibility.
The correct application described as, "the universal application the federal government, states, and colleges use to determine how much financial aid you qualify to receive" is the Free Application for Federal Student Aid (FAFSA). FAFSA is essential for accessing various financial aid opportunities, including grants and loans, offered by the government and institutions each year based on the applicant's financial need.
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