President Obama's administration is planning on simplifying the federal college aid form.  It currently consists of 153 questions, which many families give up on before finishing.  President Obama is seeking to make the application more user-friendly so more students may attend higher education.

Arne Duncan, Education Secretary announced the changes last Wednesday.  They are trying new avenues, in order to boost college enrollment among low and middle income students.  Duncan said "We need to educate our way to a better economy."  The new form will make the process easier for students and families applying for federal financial aid.

Due to the economic downturn, many students and their families are seeking financial aid.  After the recession the number of applications increased 12 percent to more than 16 million.  In 2007, 58 percent of college undergraduates applied for aid, and 47 percent received it.

Due to the high demand and the fact President Obama wants more people applying; the administration is trying to shorten the online Free Application for Federal Student Aid (FAFSA).  There will be two-thirds fewer screens to fill out.  There will also be a Web application where families can access their tax data already sent to the IRS. 

This tax information will help families answer the questions on the form.  Paperwork shouldn't stand between students and a college degree.  The administration has a goal set and that is to increase the Pell Grants for low-income students by 75 percent over the next ten years.

There is money out there for education and it just got easier.  Because of the stimulus, over $17 billion has been designated for Pell Grants.  The Federal Perkins Loan Program will also increase to $6 billion in loans every year over the next decade.  There has never been a better time to get an education so sign up today and improve your life.

 

One comment on “An Easier Financial Aid Form

  • Dear Sirs,

    I’m a former student of City college(NY)who for unfortunate reasons had to drop out by the junior year. I was involved in an accident in which I almost lost my life. I was trying to major in philosophy, but this goal was interrupted by this event. During the years I have thought of restarting school so I could achieve this goal, but my motivation to do so has not been strong enough. Perhaps this was caused by the psychological and economic conditions I have lived since then. Psychologically I was affected by great depressions at the times. Economically my survival means have always been very limited. Sometimes I had to depend on public assistance for this.

    In 1994 the Seek Program at John Jay College hired me as a tutor(math/Spanish)and I worked in this program until 2008. At the moment I am retired and I have the desire to continue my education until I get my degree. I’d prefer to take courses online because the time is more flexible and is better for my health.

    I’d appreciate you sending me information about how to get government financial aid to go back to school.

    Thanks for any help you will provide me.

    Enrique Ayala

    Note: You can contact me at the above email address. You can also
    contact me at website address. The email address associated with this site is: [email protected]

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