Filling out the FAFSA is a good first step in any student’s quest for institutional financial aid. The government form calculates your Expected Family Contribution (EFC) and helps to determine whether you’ll qualify for many types of need-based funding, including aid from your college or university.
But students and families who aren’t deemed financially needy may still seek help covering college costs, and options may remain to snag money from your school. Merit-based aid—scholarships or grants that may be given for demonstrating, for instance, a stellar academic record or a special talent—can also help fund your education.
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