Apparently there is a move to reduce the size of the FAFSA to a postcard. I do not see this happening. However, if it does, colleges who now require only the FAFSA will create their own financial aid form or utilize the CSS Profile which will ask for more personal information than the FAFSA which will go against the family. Regarding using “prior-prior” tax data, many families will not benefit by this. The proponents of this state that it will allow families an earlier insight of what to expect for financial aid. However, this will not work for families that will have fluctuations in their situation.
Instead Of Simplifying The FAFSA, Let’s Just Get Rid Of It
News Sources: Forbes.com
