Tennessee: College Financial Aid Officers Skeptical Of Reforms

"Federal initiatives are in the works to make attending college less of a financial burden, but financial aid administrators question whether they present a robust solution," The Tennessean reports.

"Speaking to the National Association of Student Financial Aid Administrators at the group’s national conference on Monday, Sen. Lamar Alexander, R-Tenn., presented six proposed additions to the 1965 National Higher Education Act for its reauthorization this year.

Chief among them is simplifying the Free Application for Federal Student Aid from 106 questions to two — the size of the applicant’s family and the applicant’s household income for the previous year. High school students would learn how much federal aid they’re eligible for in their junior year instead of their senior year.

Holding up a string of papers, Alexander said the form tells applicants it takes an average of three hours to complete, wasting billions of hours for the 20 million students who complete it each year."

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Publication Date: 6/30/2014

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