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Simpler financial aid forms in works

June 25, 2009

It may be easier to apply for financial aid next year.

Under a new proposal by the Obama administration, the "dreaded" FAFSA (Free Application for Federal Student Aid) would be shortened by about two-thirds, from its current 153 questions. And it will be easier to sync the application form with tax returns submitted to the IRS.

The proposal needs to be passed by Congress before becoming law.

-- Terry Savage