The 2010-2011 FAFSA Worksheet has been out for a while now.  You can get a PDF copy here. Frankly, it’s simplicity concerns me.  Let me explain.

For years, most colleges and universities have relied upon the FAFSA for the needed information to determine not only a student’s eligibility for federal financial aid sources, but the state’s, and the college’s own money as well.  The feds in their attempts to make the financial aid system simpler have stripped the FAFSA down to such little information that it will be useless for the colleges and states.  What families can expect to see in response to the stripped down FAFSA are far more complex institutional forms, more state forms, and more colleges being forced to subscribe to the CSS Profile.

What we are about to see is another great example of the law of unintended consequences.

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