Share
That have reauthorization of the Higher education Work picking up vapor, lawmakers demonstrate a rejuvenated interest in simplifying the latest 100 % free Software having Federal Beginner Assistance, otherwise FAFSA. Youngsters are currently required to complete the FAFSA so you’re able to qualify for educational funding regarding government, plus college loans and Pell features.
Read Next
- Accountability in the High Ed: Then Display the chance?
- Degree Department’s The fresh new Loan-Servicing Plan: Good Dicey Prospect
- Bipartisan Statement Seeks for Federal Student loan Disclosures Anybody can Understand
The modern System
The brand new FAFSA asks 108 questions about market and economic advice, the second from which is sold with income, untaxed money such as for instance guy service and you will 401(k) contributions, and other assets. Continue reading Unfortuitously, the form is actually unnecessarily advanced, particularly for lower-income families