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What is FAFSA? FAFSA stands for the Free Application for Federal Student Aid. It is a mandatory form that current and prospective college students must complete annually to determine their eligibility for all forms of federal financial aid. Purpose: The FAFSA is used to calculate the student's Expected Family Contribution (EFC), which is the ...
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Let’s talk about the loans that dependent students can borrow in their own name without parents.  every dependent student can borrow a federal direct student loan in his or her own name that is not based on credit however those amounts are limited.  first year dependent students can borrow $5500 second year students can borrow $6500 and third and fourth year students can borrow $7500. There are additional private student loans that  students can borrow however they are based on credit and t
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