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The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.
The Free Application for Federal Student Aid, known as the FAFSA, officially opened Thursday for students seeking financial aid for college during the 2025-2026 school year.
In addition, students must write an essay to be accepted into the program. The program itself consists of various classes and other school activities. The 1,000 rising seniors that are selected yearly are eligible to receive scholarships to any in-state public university upon completing the program.
The CSS Profile, short for the College Scholarship Service Profile, is an online application created and maintained by the United States–based College Board that allows incoming and current college students to apply for non-federal financial aid. It is primarily designed to give member institutions of the College Board a comprehensive look at ...
The Free Application for Federal Student Aid (FAFSA) application will be delayed this year, which may worry some college applicants. (Credit: Getty Images) (designer491 via Getty Images)
The NMSC uses the PSAT/NMSQT as the initial screen of over 1.5 million program entrants. In the spring of the junior year, NMSC determines a national Selection Index qualifying score (critical reading + math + writing skills scores all multiplied by two) for "Commended" recognition, which is calculated each year to yield students at about the 96th percentile (top 50,000 highest scorers).
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
Each year the New York Times receives roughly 1500 applications from seniors residing in New York City. The initial application includes an essay, a list of achievements and accomplishments, and the actual application which contains biographical and academic information. Applications are generally due mid-October.
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