Finacial Aid Income Protection Allowance Going Up
The FAFSA income protection allowance used to compute financial aid eligibility is taking a big jump for 2010’s dependent student filers. According to the Department of Education, the income protection allowance is being increased from $ 3,750 (2009/10) to $ 4,500 (2010/11). This is the largest single year increase I can recall in 10 years. …
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