The idea of completing the FAFSA may be enough to make your head spin, but it’s an important form to fill out. We’re here to break it down and make filling out the FAFSA much easier.

If the idea of paying for college is putting you into a cold sweat, take one important step to get free money: Complete the Free Application For Federal Student Aid (FAFSA). You may be eligible for some of the $160 billion that’s granted in federal and state loans and grants each year through the FAFSA. In addition, many universities use your FAFSA data to determine if you qualify for scholarships and other aid.