FAFSA stands for Free Application for Federal Student Aid. The student aid includes federal grants, loans and work-study funds .
The following statements about the FAFSA process is TRUE :
B. You must use the FAFSA to apply for the federal work-study program.
It is also important to note that the sooner the student applies, the better his/her chances of reviving generous aid, because a large portion of financial aid in the United States is distributed on a rolling basis