Final answer:
The FAFSA is the Free Application for Federal Student Aid, filled out annually to receive financial aid for college, which may include scholarships, grants, work-study, and loans. Option d.
Step-by-step explanation:
The FAFSA, which stands for the Free Application for Federal Student Aid, is what you fill out before every academic school year to receive financial aid. This form is essential for students seeking federal grants, work-study opportunities, and loans for their postsecondary education. The information provided through FAFSA is used by colleges to determine eligibility for federal aid and often for state and college-specific aid as well.
By completing the FAFSA Form annually, you secure your place in the queue for available financial support, which may include federal loans, grants, and work-study programs. The result of this application determines how much and what type of aid you might receive, including scholarship and grant opportunities, as well as student loan options. It is also used for reviewing your aid offer, which includes the types and amounts offered by a college and the expected costs for the year.