FAFSA stands for Free Application for Federal Student Aid.
FAFSA uses a formula to determine how much financial aid you can receive based on your annual expected family contribution (EFC). After determining your EFC, a financial aid Award Letter is generated and mailed to you. This award letter lists the types and amounts of financial assistance you qualify for. Not everyone who submits a FAFSA will receive financial aid.
When it comes to the FAFSA, most federal, state, and institutional aid is provided on a first come, first served basis. Students are advised to submit a FAFSA as early as possible for consideration for maximum financial assistance (the more financial aid the better, right?).
You will also need to fill out a School Code when completing your FAFSA. This is assigned by the federal government as a unique identifier for each school. The Evangel University FAFSA Code is 002463.
To fill out your FAFSA or simply learn more about the FAFSA, visit: http://www.fafsa.ed.gov.