Loanfactz Definitions
Glossary of Legal Terms, Loan Terms and Home Construction, Repair and Maintenance Definitions. Some words have more than one meaning. Only those meanings relating to this site will be used.
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Free Application for Federal Student Aid (FAFSA)
The FAFSA is the form you must complete to apply for federal student loans or other student aid from the United States Department of Education. Many states and schools also use the FAFSA data to award aid from their programs.
The information you report is used to calculate your Expected Family Contribution (EFC), which measures your family's financial strength on the basis of your family's income and assets. To visit the FAFSA online, go to www.fafsa.ed.gov/
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