Posts Tagged ‘small business exclusion’
Insider Tips for the week of December 6, 2025
Scholarship stacking – Scholarship stacking refers to the ability to add up aid, grants, and scholarships from multiple sources. But the catch, as CIT’s Anne Weber explains, is not all colleges allow it. How to build a perfect college list – How do you craft a college list that’s perfectly balanced: not too vast, not too limited, and precisely…
Read MoreSmall Business Owner Exclusion for Financial Aid Restored
The small business owner exclusion is back. The One Big Beautiful Bill Act (OBBBA) reversed a change made in the FAFSA simplification act, by reinstating the small business owner exclusion as part of the federal financial aid formula on the FAFSA. Beginning with any new FAFSA’s completed for the 2026-27 school year, the value…
Read MoreFAFSA change for small business owners
Add small business owners to the group of people impacted by the recent FAFSA changes. Previously, the value of any privately held business, including assets, with less than 100 employees did not need to be reported on the FAFSA as part of its small business exclusion. However, that exclusion has gone away as part…
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