Washington, DC–(ENEWSPF)–September 13, 2015. A higher education is one of the most important investments Americans can make in their future. To help students and families make that investment, the Obama Administration has taken steps to make it easier than ever before to apply for and access federal grants and loans. Since taking office, President Obama has significantly simplified the Free Application for Federal Student Aid, known as the FAFSA®. The Administration has revamped the online form for all families so they can skip questions that are not relevant to them. In addition, over 6 million students and parents took advantage of the ability to electronically retrieve their income information from the IRS when completing their 2014-2015 FAFSA, an innovation that improves both speed and accuracy. Today, students and families on average fill out the FAFSA in about 20 minutes, only one third of the time it took seven years ago.
