FAFSA FAFSA 5

Question 1

Which of the following can make a student INELIGIBLE for federal student aid?

Accepted Answer

Defaulting on a previous federal student loan

Answer

Being in default on a prior federal student loan disqualifies a student from new federal aid.

Question 2

What general citizenship status is required to receive federal student aid through the FAFSA?

Accepted Answer

U.S. citizen or eligible noncitizen

Answer

Federal aid requires the student to be a U.S. citizen or an eligible noncitizen.

Question 3

To keep receiving federal aid, students must maintain what?

Accepted Answer

Satisfactory Academic Progress (SAP)

Answer

Students must maintain Satisfactory Academic Progress as defined by their school.

Question 4

When does the FAFSA application cycle typically open each year?

Accepted Answer

October 1 (or as announced)

Answer

The FAFSA traditionally opens in the fall, around October 1, though dates can vary.

Question 5

What document does a student receive after submitting the FAFSA that summarizes their information?

Accepted Answer

FAFSA Submission Summary

Answer

The FAFSA Submission Summary (formerly the SAR) summarizes the submitted information.

FAFSA Practice Test