Wednesday, June 5, 2013
From The Chronicle of Higher Education:
For the first time since the creation of the federal student-aid system, the income and assets of all of a would-be borrower's legal parents will be counted in the government's calculation of the student's need.
Until now, the Free Application for Federal Student Aid, or Fafsa, has collected financial information from only one parent if the parents are unmarried or are in a same-sex marriage. Starting with the 2014-15 form, the Education Department will gather information from both parents of dependent students, regardless of their marital status or gender.
Read more here.