While I was in the process of starting my day this morning, I overheard some very interesting information on CNN headline news that will be quite beneficial to college students and their parents. According to Education Secretary Arne Duncan, the FAFSA (Free Application for Federal Student Aid) forms will be shorter for the 2010 -2011 school year. This will allow students and their parents to fill out the forms in a faster, less stressful manner. Some of the wording of questions will be condensed and some questions may be totally eliminated.
The IRS is also helping families of college students by entering into a partnership with the Department of Education that will allow students to automatically download their tax data into the FAFSA forms starting in January. Typically families of college students would have to use their tax return information and enter the lines into the FAFSA worksheet or get a FAFSA report from their tax advisor and the new process will make filling out the application a lot easier.
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