What does FAP mean in GENERAL

A Financial Assistance Policy outlines the various opportunities available to individuals and organizations who need financial assistance in order to cover costs associated with medical bills, educational fees, housing, etc.

Any individual or organization who needs financial help can access funds through a Financial Assistance Policy.

Funds may be accessed through applications and forms that must be completed and submitted to the specified organization that administers the FAP. Depending on the organization administering the FAP, additional supporting documentation might also be required with the application.

Yes, depending on the FAP being used there may be certain restrictions regarding how funds can and cannot be used. For example, some FAPs may specify that funding is only for medical bills or for educational expenses. It is important to review all of the guidelines outlined in an FAP before applying for assistance so that you understand what types of expenses are covered by the policy.

Yes, most organizations will have specific deadlines outlined in their FAPs for submitting applications and documents in order to receive financial assistance. It is important to review all of the information provided carefully so that you are aware of when these deadlines are set by your chosen provider or organization offering assistance.