‘Money: It's Personal' — Applying for federal student aid

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The beginning of a new year means it's time for incoming freshmen and students already enrolled in college to begin applying for federal aid ahead of the next school year.The Free Application for Federal Student Aid, or FAFSA, helps students find available grants, loans or work study funds to help finance their college education.FAFSA also serves another purpose. Colleges may use the application's information to determine a student's eligibility for state and school aid, and some private lenders may use the information to see if a student qualifies for their funds. Who's eligible for FAFSA? St...

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