Which statement best describes the purpose of the Free Application for Federal Student Aid?

A. It applies students for private, non-government loans.
B. It is the first step in qualifying for federal assistance for school financing.
C. It enters students into a lottery for educational funds.
D. It provides a way to restructure student loan debt.



Answer :

Final answer:

The FAFSA is used to determine eligibility for financial aid for education, including grants and loans.


Explanation:

The purpose of the Free Application for Federal Student Aid (FAFSA) is to determine eligibility for financial aid for education, including grants and loans. By filling out the FAFSA, students can apply for various types of aid, such as the Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), and other federal aid programs. It is not for private loans or loan restructuring, but rather to assist in accessing financial support for education.


Learn more about Financial Aid for Education here:

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