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White House Announces Changes to Federal College Aid System

Monday, September 14th, 2015 -- 11:29 AM

(AP) -The White House is announcing changes to the federal college aid system that are intended to help students get a better and earlier handle about whether they can afford school.

Students and their families will be able to fill out the federal aid form in October -- the traditional start of the college application season -- for the school year that begins the following fall. They now must wait until January.

The government uses the form to determine aid eligibility. The White House says requiring students to wait until January slows down the process, and makes it harder for them to qualify for private scholarships and figure out whether they can pay for college. President Barack Obama is announcing the changes Monday when he meets with Iowa high school students.

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