Yes, a workers' compensation settlement can affect your FAFSA (Free Application for Federal Student Aid) eligibility. If the settlement is considered income, it may impact your expected family contribution (EFC) and reduce the amount of financial aid you qualify for. However, if the settlement is used for medical expenses or is not classified as income, it may not have an effect. It's best to consult with a financial aid advisor to understand how your specific situation may impact your FAFSA.
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