Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
The FAFSA (Free Application for Federal Student Aid) gathers information about a student’s and family’s finances so schools and government programs can determine eligibility for financial aid. It may help determine whether a student should receive student-specific financial aid. Academic, athletic, and merit-based awards are generally based on achievement or talent rather than FAFSA financial information.
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