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Families applying for federal grants or subsidized loans must complete the 128-question, Free Application for Federal Student Aid form.
FORBES
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Second, the simplification of the Free Application for Federal Student Aid (FAFSA) form has made it easier for families and students to complete the document.
WHITEHOUSE: Renewing the American Dream: For Our Future
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The only apparent benefit in cashing in is to enable the student to show the AS level qualification on the UCAS form in their application to Higher Education.
BBC: Heads' letter warns of AS-level confusion