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In this video tutorial, the presenter explains how to fill out the FAFSA form, detailing the seven sections and their complexities, particularly around reporting income. The aim is to clarify nuances to improve chances of receiving federal aid. Additionally, the presenter recommends watching another video on financial aid types, including scholarships and institutional aid, as well as a separate video on student loans for those considering borrowing. A key point emphasized is that FAFSA must be submitted to all institutions, regardless of perceived eligibility for federal aid.