Question

Which of the following statements about the Federal Application for Student Aid (FAFSA) is TRUE?

A)You can only apply online.
B)The earliest you can submit your FAFSA application is December 1st.
C)The IRS Data Retrieval Tool allow's you to view and transfer your tax information directly into your FAFSA form.
D)Both A & B are true.

Answer 1

Using the FAFSA form, you can apply for federal student loans and the federal work-study program. The IRS Data Retrieval Tool allows you to view and transfer your tax information directly into your FAFSA form. Federal Student Loan is the way to pay for your higher education that will require you to pay back the money you receive.

Answer 2

Using the FAFSA form, you can apply for Federal student loans, the federal work-study program, grants, federal student loans, and even state and school financial aid.

The following statements about the FAFSA is true:

The IRS Data Retrieval Tool allow's you to view and transfer your tax information directly into your FAFSA form. Correct answer:C