Students who are not financially stable can apply for fafsa from federal government. But it is been observed that numerous student are unable to apply fafsa as they get confused about the instructions and form filling up procedures. It is suggested that if you are having queries regarding it you can get the assistance of college finance advisor or you can browse through the governmental website for fafsa. In this article you may find some common questions on fafsa that needs to be clear if you are applying for it.
The most common one is about deadline of fafsa. You should submit the filled form earlier so that you can get the financial grant soon as many colleges only grant loans for those who submit the fafsa form before the time limit. Then a question might pops up in your mind that what is renewal fafsa. Generally it is for the students who applied for it in the past and they should inform the government about new financial statistics.
There are some other common fafsa questions that should also be known before you apply for it so that you can get the loan and complete your education. For instance can you decline it after if it is not necessary? The answer is yes you can, but you have to state that you are intent to get a loan. You need to put the correct information on the form while filling it up otherwise you should be penalized by the government for giving wrong info about your family or financial status.