Every student is encouraged to fill out the FAFSA or "Free Application for Federal Student Aid" when they are a senior. Students typically qualify for Federal Aid based on their parent/guardian's income. Your parent's tax return will be needed to complete the application. Qualifying for federal aid can make a student eligible not only for student loads, but for federal grants or work-study programs. Most states and schools use FAFSA information to award their financial aid.
Financial Aid & Student Loans Resources