We share Mark’s Bio and Mark explains:

• The history of why the law changed.
• How FAFSA can go from 108 questions to 36 questions.
• Some of the questions FAFSA got rid of.
• When the changes go into effect.
• Why colleges got rid of the term EFC.
• Why the new Student Aid Index can be a negative number.
• How the person responsible for changing the FAFSA has changed.
• How cost of attendance will be handled differently.
• The Income Protection Allowance changes.
• How the Family contribution will not be cut in half because multiple kids are in college.
• How the college expenses are harder on lower income families.
• How opportunities for a special circumstance appeal are expanded.
• How FAFSA verification will be reduced.
• How the Pell grant will be calculated differently.
• The benefit of early awareness.
• The Simplified Need test.
• Changes to Untaxed Income.

Mark K closes by sharing what he likes and doesn’t like about the New FAFSA. (1:06:31)