Applying for financial aid can be a complicated task that requires significant time and effort for students and their families. According to recent data from the National Center for Education Statistics, although 65 percent of students who were high school freshmen in 2009 ultimately reported completing the Free Application for Federal Student Aid (FAFSA), 24 percent did not. Those who did not submit a FAFSA cited lack of awareness, lack of understanding of FAFSA requirements, and lack of time as barriers to completion.
On Sept. 17, the Senate Committee on Health, Education, Labor and Pensions (HELP) held a hearing titled “Time to Finish Fixing the FAFSA.” Chairman Lamar Alexander (R-TN) and ranking member Patty Murray (D-WA) have both sponsored FAFSA simplification legislation.
Continue reading Senate Committee Makes Push for Further FAFSA Simplification