# Understanding FAFSA: Family farms and small businesses

## Understanding FAFSA: Family farms and small businesses

[Embedded content](https://www.youtube.com/embed/yiCmsNR_p5I?rel=0&controls=1&fs=0&modestbranding=1&cc_load_policy=1)

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0:00 every year millions of students apply to 0:02 federal student aid through the FAFSA 0:04 application and almost every year the 0:07 FAFSA changes in a big and small way I'm 0:10 Whitney fizel the director of enrollment 0:12 at the University of Phoenix this video 0:15 series covers some of the big changes to 0:17 this year's applications so if you're 0:19 applying you should definitely keep 0:21 watching and check out the other videos 0:23 in this series let's jump in to our next 0:26 change in last year's FAFSA you'd see 0:28 this disclaimer not to include the net 0:31 worth of your family farm or a business 0:33 of less than 100 people those types of 0:35 businesses are now being factored in to 0:38 your FAFSA calculation for those of you 0:40 who run a small business this change 0:42 could be pretty significant we're nearly 0:44 done with our video series covering nine 0:47 big changes to the 2425 FAFSA click on 0:50 our channel name below to learn about 0:52 them so you can go into the application 0:54 process prepared 0:56 [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.

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