re word this "Firstly, completing the Free Application for Federal Student Aid (FAFSA) is essential to determine eligibility for federal aid, which can unlock access to grants, work-study programs, and federal student loans. Depending on the family's financial situation, the child may qualify for Pell Grants, which do not need to be repaid. Federal student loans, including Direct Subsidized and Unsubsidized Loans, are available to the student with favorable terms and flexible repayment options