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National Association of Student Financial Aid Administrators Presents What You Need to Know About Financial Aid 2013 NASFAATopics We Will Discuss Tonight What is financial aid Cost of attendance (COA)
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Financial aid consists of various grants, scholarships, loans, and work-study programs to help students cover the cost of higher education.
Students who wish to receive financial aid for college or university are required to file the Free Application for Federal Student Aid (FAFSA) form.
To fill out financial aid forms, students need to gather information about their financial situation, complete the FAFSA form online, and submit any additional documentation requested by the financial aid office.
The purpose of financial aid is to make higher education more affordable for students who may not be able to fully cover the costs on their own.
Students must report their income, assets, and family information on financial aid forms to determine their eligibility for various types of financial aid.
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