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FAFSA Flashcards

7 cards from real FAFSA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 FAFSA flashcards as text

  1. What does the acronym FAFSA stand for?

    Answer: Free Application for Federal Student Aid

    FAFSA stands for Free Application for Federal Student Aid.

  2. Which U.S. agency administers the FAFSA?

    Answer: Department of Education

    The U.S. Department of Education's Federal Student Aid office administers the FAFSA.

  3. How much does it cost to submit the FAFSA?

    Answer: It is free

    Submitting the FAFSA is completely free of charge.

  4. Which type of aid CANNOT be awarded based on the FAFSA?

    Answer: Private bank personal loans

    Private bank personal loans are not federal aid and are not awarded through the FAFSA.

  5. What replaced the Expected Family Contribution (EFC) on the FAFSA?

    Answer: Student Aid Index (SAI)

    The Student Aid Index (SAI) replaced the EFC starting with recent FAFSA updates.

  6. The FAFSA is used to apply for aid for what level of education?

    Answer: College and career school

    The FAFSA applies to postsecondary education such as college and career school.

  7. How often must a student typically submit the FAFSA?

    Answer: Every academic year

    Students must complete the FAFSA every academic year to remain eligible for aid.