According to the Federal Student Aid website, over 85% of FAFSA applicants receive some type of financial aid for college. This includes grants, loans, and work-study programs.

The amount of aid that a student receives depends on a number of factors, including their family’s income and assets, the cost of attendance at their chosen school, and the type of aid they apply for. However, even students from high-income families may be eligible for some type of financial aid, such as unsubsidized federal student loans.

Here are some tips for increasing your chances of receiving financial aid for college:

• File the FAFSA as early as possible. The FAFSA is used to determine eligibility for both federal and state financial aid programs. The earlier you file, the more likely you are to receive the maximum amount of aid.
• Apply for a variety of aid programs. There are many different types of financial aid available, including grants, loans, and work-study programs. Apply for as many different programs as possible to increase your chances of receiving aid.
• Research your options. There are many different resources available to help students and families learn about financial aid options. Visit the Federal Student Aid website, talk to your school’s financial aid office, or contact a financial aid counselor.

Overall, the chances of receiving some type of financial aid for college are very good. By following the tips above, you can increase your chances of getting the aid you need to pay for college.