FAFSA 2025-26 application process begins: Essentials FAQs you need to know

The U.S. Department of Education has released the 2025-26 FAFSA, providing access to federal grants, loans, and work-study opportunities. Students can check application status via the Status Center. FAQs include legal residency, reporting 2023 tax details, taxable scholarships, and calculating account balances. FAFSA is crucial for securing financial aid from states, colleges, and universities.