The Application Used to Determine Financial Need Is Called What

question 62

Multiple Choice

The application used to determine financial need is called what?

• A)FAFSA
• B)SAFSA
• C)AFFSA
• D)FAASF

---

Definitions:

Sever

To cut off or divide, often used in legal contexts to discuss separating parts of contracts or severing ties between entities.

Estate in Land

Refers to the degree, quantity, nature, and extent of interest a person has in real property.

Fee Simple

The most complete form of ownership of real estate, giving the holder full possession and control over the property.

Leasehold

An estate or interest in property held under a lease, granting the holder the right to use and occupy the property for a specified period under certain conditions.