Financial Aid in Education

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Social Issues


Written by:

Kimberly G


Date added:

May 20, 2013








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5 / 1287


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The federal government should change its financial aid policies to take several more factors, such as the percentage of educational expenses paid by the student, into account. Under the present system, all students applying for federal aid file a form called the Free Application for Federal Student Aid (FAFSA)...
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This form is meant to figure out the amount of money a family is able to shell out for an education, or the Expected Family Contribution (EFC). Assuming the student does not qualify for independent status, both the expected contributions from the student and the parents are included in the EFC. In order for a student to get independent status you have to be married or over the age of twenty-four...
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