Unfortunately, college still requires a lot of Benjamins. Photo used under Creative Commons license from @401(K) 2013 on Flickr. |
Education secretary Arne Duncan wrote, "We must continue to ensure that every single American is treated equally in the eyes of the law, and this important guidance for students is another step forward in that effort... As students fill out their FAFSA this coming year, I'm thrilled they'll be able to do so in a way that is more fair and just.”
The changes are effective immediately, although updated forms are not yet available. Students may file an amended FAFSA to make sure their aid is calculated correctly.