In July, NASFAA’s Campus-Based Allocation Task Force released a report with recommended changes to the allocation formula for Federal Work-Study (FWS), among other campus-based aid programs. In a new report out this week, policy organization Young Invincibles (YI) takes a similar look at the formula behind the decades-old financial aid staple.
The Department of Education (ED) has posted a draft of the 2015-16 Paper Free Application for Federal Student Aid (FAFSA) and other related documents (e.g., Paper Student Aid Report). The documents can be found under Forms and Instructions. Comments should be submitted electronically through the Federal eRulemaking Portal by selecting Docket ID number ED-201 […]
"Most families know the basics of college financial aid ... What many don't know—or at least, don't realize until it's too late—is that the timing of certain financial decisions made well before and even during college can significantly alter a student's eligibility for aid from both the federal government and the university itself, […]