College Federal Financial Aid Will Be Easier To Apply For – And A Bit More Generous
The Free Application for Federal Student Aid – better known as FAFSA – is being simplified through the omnibus spending bill that became law in December. The FAFSA is what students must fill out to receive Pell Grants, student loans and many other types of financial aid from states and colleges. Here, Robert Kelchen, an expert on higher education policy, explains what the simplification and other changes mean for students and families.
How is applying for federal student financial aid about to change?
The good news is the FAFSA will go from having 108 questions to 36 questions, and most students will only have to answer a smaller set of questions about family income and household size. The not-so-good news is that this simplified form will not be available to students until October 2022 to...