FAFSA student aid college loans.

The Free Application for Federal Student Aid for the 2026-27 school year has officially opened. Jill Desjean from the National Association of Student Financial Aid Administrators advises students to fill it out as soon as possible. Despite the government shutdown, the Education Department will continue processing applications. The form known as the FAFSA determines eligibility for federal financial aid, including work-study and loans. It also helps with state and school aid, and some private scholarships. Students should gather necessary documents and create an account on studentaid.gov to begin.