After holiday celebrations are over, students who plan on attending college next fall should begin preparing for a looming financial chore: completing the document that is crucial for financial aid. Known as Fafsa, which is short for Free Application for Federal Student Aid, the form is used to calculate how much students and their families are expected to contribute to the cost of attending college, and what sort of financial aid they will receive. “The Fafsa,” said Lauren Asher, president of The Institute for College Access & Success, “is the gateway to government aid and federal loans.”

December 22, 2015 ・ From The New York Times