Fewer low-income students applied for college financial aid for the current school year after the rollout of an updated version of the Free Application for Federal Student Aid, known as the FAFSA ...

What role should household wealth play in determining a student’s financial aid package? The FAFSA does not ask about two key measures of wealth – the family home and retirement accounts.

At schools with a high minority or low-income population, the rate has fallen even more—completion is down 34% from last year at low-income schools (compared to just 26.3% at high-income schools ...

Unfortunately, the “new and improved” FAFSA application is late, it’s more complicated and low-income families will receive less funding per college student, not more, writes Dan Hooper.

FAFSA doesn’t look only at income. The formula also considers household size, number of family members in college and cost of attendance (COA) at each school.

Students often skip filling out the FAFSA because they think their families make too much money to qualify for aid. However, there are no FAFSA income limits, so you can submit it—and ...

Some of those changes are now taking effect for this year’s FAFSA, which opened Oct. 1, and which students will want to fill out by June 30, 2023 (or earlier -- check your school’s dates!) for ...

However, there is no income limit for the FAFSA, and the U.S. Department of Education does not have an income cap for federal financial aid. Most students are eligible for the FAFSA as long as you ...