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In this video, Gumboldt, a student at cell colleges, offers guidance on the college application process, particularly focusing on financial aid applications. He explains that students typically need to complete either the FAFSA (Free Application for Federal Student Aid) or the VAFS (Veterans Affairs Financial Aid Application). Gumboldt emphasizes that most students should submit the FAFSA and provides a link to a questionnaire to help viewers determine the appropriate application for their situation. He encourages viewers to pause the video to complete the questionnaire before proceeding with the application process.