Understanding FAFSA: Family farms and small businesses
Understanding FAFSA: Family farms and small businesses
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every year millions of students apply to
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federal student aid through the FAFSA
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application and almost every year the
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FAFSA changes in a big and small way I'm
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Whitney fizel the director of enrollment
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at the University of Phoenix this video
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series covers some of the big changes to
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this year's applications so if you're
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applying you should definitely keep
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watching and check out the other videos
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in this series let's jump in to our next
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change in last year's FAFSA you'd see
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this disclaimer not to include the net
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worth of your family farm or a business
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of less than 100 people those types of
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businesses are now being factored in to
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your FAFSA calculation for those of you
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who run a small business this change
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could be pretty significant we're nearly
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done with our video series covering nine
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big changes to the 2425 FAFSA click on
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our channel name below to learn about
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them so you can go into the application
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process prepared
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[Music]
Family farms and small businesses with less than 100 employees are now being factored into your FAFSA calculation. If you’re a small business owner, this could significantly impact your application.