Financial aid is the lifeline of a family.
The process, which is administered by the federal government and many states, is often the first step towards a job.
But, when it comes to how much you get in aid, it can be confusing.
Here’s what you need to know to help you decide how much to take out.
What is an FAFSCA?
The FAFS Act of 1975 created a federal income tax, which then became the FAFAS Act of 1977.
It established an automatic deduction for the cost of certain types of tax-free income.
This income, known as FAFSB, is used by the government to pay for certain government programs.
There are different types of FAFSS: Earned Income Tax Credit (EITC)