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In this video tutorial, Gumboldt, a student at a college, addresses incoming college students who may feel nervous about the application process. He emphasizes the importance of selecting the correct financial aid application, either the FAFSA (Free Application for Federal Student Aid) or the VAFSA. Gumboldt instructs viewers to complete a questionnaire linked in the description to determine which application is appropriate for them. He encourages students to pause the video to fill out the questionnaire before moving on to the next steps in the financial aid application process.