Indiana students lose out on $70M annually in college grants. This bill could help

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Senate Bill 167 would mandate students and their parents to complete the Free Application for Federal Student Aid by April 15 of their senior year.

by April 15 of their senior year. Applying isn't mandatory at this point, and lawmakers worry students are missing out on the opportunity for certain grants and scholarships, in addition to low-interest loans.of the Indiana Commission for Higher Education.The Senate passed the bill 43-3 in late February. After a hearing Wednesday, the House Education Committee will likely vote on the bill next week.

A high-need student could receive as much as $6,800 in grants in addition to a low-interest federal loan and other potential university scholarships. Some middle- and upper-class families also may not realize their student is eligible for scholarships and other opportunities, Leising said. This bill has worked its way through the Indiana General Assembly several times without success in part due to those concerns. This year’s version does contain more flexibility for parents to opt-out and for schools to handle unresponsive parents. Additionally, students would not need to fill out the form to graduate.

 

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