Planning Briefs
"Simplification" Of College Financial Aid Requires Attention Now
Published Wednesday, February 23, 2022 at: 6:04 PM EST
The Consolidated Appropriations Act (CAA) of 2021, signed into law December 27, 2020, by President Donald J. Trump, was a massive $2.3 trillion spending bill. At 5,593 pages, Wikipedia says, it was also “the longest bill ever passed by Congress.” Buried in CAA is a section on college-student aid dubbed “FAFSA Simplification.” It reduces the number of questions on the Free Application for Federal Student Aid (FAFSA) form from 108 to 36. It affects your college funding financial plan starting in 2022. A FAFSA form must be completed by current and prospective undergraduate and graduate college students to determine their eligibility...
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