Final answer:
The FAFSA application is free and does not charge a fee annually.
Step-by-step explanation:
The statement is false. When you complete the FAFSA application, there is no fee charged to you annually. The FAFSA (Free Application for Federal Student Aid) is designed to provide financial aid to students who are planning on attending school during the next academic year. It is used to determine your eligibility for grants, work-study, and loans. The application is completely free and should not cost you any money to fill out.