When you complete the FAFSA, your school may offer you any one of three types of federal loans: subsidized loans, unsubsidized loans, and Direct PLUS Loans.
You will have to pay those back, and these should be your last option as private loans often come with worse terms and protections than federal loans.
The earlier you submit your FAFSA, the more likely aid will still be available — the pool of money is finite.
The FAFSA is your application for federal financial aid.
However, federal student loans received through your FAFSA do have to be repaid with interest after you graduate or leave school.
Organizations:
Loans, Chevron
Locations:
Iraq, Afghanistan, Chevron