The multi-trillion tax and spending cut package was narrowly approved, 218-214, and has elicited significant opposition. All ...

Key Points ・The House has passed a sweeping bill that restructures federal student loan borrowing and repayment, while also ...

How parents, retirees, tipped workers, Medicaid recipients and more would be affected.

The 2024-25 school year may be nearly over, but you could still get financial aid to help cover costs. Follow these tips to ...

At schools with high concentrations of poverty, like those in Richmond, the FAFSA completion rate declined 22% in Virginia, three times worse than low-income schools nationwide.

If you’re a low-income household, your kids may be eligible for free or reduced-price meals at school. According to the ...

For example, the class of 2023 (seniors) were required to submit their 2021 income tax information. Current juniors or rising seniors will use their 2022 tax return.

Sanders pointed out that these entities paid little to no federal income taxes in various years. For instance, Tesla paid zero federal income tax on $2.3 billion of U.S. income in 2024, as per ...

What to know about filing as Tax Day comes up Research consistently shows that many Americans misunderstand how their income is taxed, which experts say could help explain why many people are ...

FAFSA collects income and asset information from both the student and, if applicable, their parents. Key financial inputs include AGI, tax-exempt interest income, untaxed income and reportable assets.

FAFSA doesn’t look only at income. The formula also considers household size, number of family members in college and cost of attendance (COA) at each school. It does not factor in liabilities like ...

The FAFSA is a “snapshot” of your status, as of the day you submit your application. Students who have a change in their marital status after the filing of the FAFSA may find that their ability to pay ...