What does FAFSA stand for?

The correct choice is "Free Application for Federal Student Aid." FAFSA is a critical application form that students in the United States use to request financial assistance for their college education. It serves as a means for federal and state governments, as well as colleges and universities, to determine a student's eligibility for need-based financial aid, which can include grants, scholarships, work-study programs, and loans. By providing essential information about a family’s financial situation, FAFSA helps institutions assess how much financial support each student may require.

The other options presented do not accurately reflect the official title and purpose of FAFSA, highlighting the importance of knowing the correct terminology when discussing financial aid processes.