The Free Utility for Federal Scholar Help (FAFSA) is a kind utilized by U.S. residents and everlasting residents to use for monetary support for school or graduate college. It determines eligibility for federal grants, loans, and work-study applications. The finished kind gives details about the scholars and their household’s monetary state of affairs, which is then used to calculate an Anticipated Household Contribution (EFC). This EFC is a consider figuring out the quantity of support a scholar will obtain.
Throughout the Trump administration, the FAFSA kind was not eradicated. Nonetheless, vital modifications had been made to the FAFSA course of by way of the FAFSA Simplification Act. This laws, handed with bipartisan help, aimed to streamline the applying course of and increase Pell Grant eligibility. These modifications had been designed to scale back the complexity of the shape and make it simpler for college students to entry monetary support.