How does financial aid work?

Shelton K

New member
I am applying for financial aid (FAFSA). I am wondering if they do a credit check before approving you for the financial aid? Basically, I am wondering what the basis of approval is for financial aid?
 
It is not based on your credit. Mostly it is based on your financial situation. They'll look at your last years taxes, your family information, children etc... . The same is said for government student LOANS, they are not based on your credit. but once you default plan on paying cash after that hehe
 
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