The online version of the Free Application for Student Aid, better known as the (FAFSA) will be much easier to get through in 2010-11 than it was in 2009-10, or any school year prior for that matter. Here are some of the important changes made to streamline the FAFSA:
-The number of questions will be reduced from 100 to 65.
-Using a new technology called "skip-logic", the number of screens it takes to get through the FAFSA will go from approximately 29 to 9.
-Parent and student income and tax information will instantly be available via the IRS. This saves students from having to ask their parents to mail, fax or email tax information. This will also expedite the financial verification process and greatly reduce the need for audits.
-Instant estimates of Pell Grant and student loan eligibility will be available upon completion of the FAFSA online.
Coupled with the changes coming from the likely passing of The Student Aid and Fiscal Responsibility Act of 2009
in the fall, this is great news for the future of higher education in America.
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