Ask Question
4 May, 21:30

If you fail to submit the FAFSA ...

You will have to pay a penalty fee because you did not report your tax information in the FAFSA.

You will not have access to Federal student aid, such as scholarships, grants, and loans.

All schools you applied to will have to reject your application since you have not applied for Federal financial aid.

You will not be able to submit the FAFSA in following years.

+5
Answers (1)
  1. 4 May, 23:58
    0
    The correct answer is letter "B": You will not have access to Federal student aid, such as scholarships, grants, and loans.

    Explanation:

    Application to the Free Application for Federal Student Aid (FAFSA) is not mandatory. However, students who do not submit an application will not be provided any financial aid in their studies which implies paying several thousands of dollars more than if approved to the grant.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If you fail to submit the FAFSA ... You will have to pay a penalty fee because you did not report your tax information in the FAFSA. You ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers