Archive for January, 2010
The U.S. Department of Education estimates that approximately 15 million parents and students fill out the FAFSA (Free Application for Federal Student Aid) form every year. The form is used by the federal government to determine a student’s eligibility for federal assistance in the form of loans, grants, work-study and a number of scholarships, and it is also used by some colleges and universities to determine the nature and amount of financial aid provided to students. Filling out the FAFSA is a required step for obtaining student loans and other forms of financial assistance.
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The New, Simplified FAFSA Form For 2010 – 2011
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January 30th, 2010
On September 17, 2009, the House of Representatives passed the Student Aid and Fiscal Responsibility Act of 2009 (SAFRA), a student aid bill that constitutes a large and unprecedented investment in higher education in the United States. The bill, which is based on one of President Obama’s key objectives, to help more students have access to higher education, introduces far-reaching reforms of the federal student loans systems and could generate savings of as much as $100 billion.
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Basic Facts You Need to Know about the Student Aid and Fiscal Responsibility Act of 2009
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January 3rd, 2010