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Two bipartisan lawmakers from the American agricultural centre have submitted legislation amending federal student aid provisions to help farmers receive the help they need to go to school. Masu.
Sen. R-Iowa (R-Iowa) Joni Ernst, D-Colo. Michael Bennett, R-Kan, Tracey Mann of R-Kan, is forwarding the Family Farm and Small Business Waiver Act in the home.
Recently, the Household Contribution Certification of the Federal Student Aid Free Application (FAFSA) has fundamentally misunderstood how agricultural families operate and how liquid and agricultural assets differ from other US families. .
FAFSA is a format that students normally have access to on October 1st each year, allowing sufficient time to submit financial information before state and school-specific deadlines for assistance eligibility.
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“No one needs to sell farms or their small businesses to buy a university,” said Sen. Joni Ernst, R-Iowa. (Getty Image)
The bipartisan bill exempts farms and small businesses from considerations in the 1965 Higher Education Act, thus providing more realistic calculations for rural students seeking federal aid.
The new law amends the FAFSA Simplification Act to restore the original exemption for small businesses that involves all farmland, machinery and other operating materials, as well as fewer than 100 employees being declared on the application. Masu.
“No one needs to sell farms or small businesses to buy a university. As a farm child, I would say that grants and financial aid will have a big impact on rural students’ decision to go to university. I know,” Ernst told Fox. News Digital.
“I’m fighting for Iowa families, so unfair policies should not hinder my children’s investment in education.”
In February 2024, Senator Ernst, Iowa Senator Charles Grassley, and other Heartlands, as well as deep Southern lawmakers like Senator Cindy Hyde Smith and Mississippi Roger Wicker, were also known as Education Secretary Biden. I wrote about my concerns to Cardona. .
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Rep. Tracey Mann, R-Kan. (Reuters)
They argue that FAFSA application question 22 seeks the net worth of the family’s business operations. The letter incorrectly analyzes how crop and livestock revenues work and how they differ from year to year.
“[A]SSEST cannot be cashed to support loans with the same capabilities as traditional investments,” the letter read.
Therefore, Ernst on Thursday said she wanted to adjust the FAFSA qualification ceremony, allowing American farming families to have an equal shot of aid based on their terms.
Mann, who represents the country’s seventh largest council district, said that while it’s not a large seat, there are countless farm families in need of clear and fair FAFSA policies.
“Big First in Kansas and across the country, net farm revenues have fallen nearly 25% since 2022,” Mann told Fox News Digital.
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“Wtwo between navigating record-level inflation and surge in input costs, our family farmers, ranchers, farmers and small business owners are doing their best to live an honest life.
“If youths in these families are applying for financial assistance in higher education, assets bound by family farms and small businesses should not be relied on. Congress is entitled to these dedicated families and students. You should work to make your life easier, not more difficult.”
Mann said he hopes the bill will even take place in student arenas, while “protecting the American Dream for all students, regardless of their parents’ career ventures.”
Charles Kraitz is a reporter for Fox News Digital.
He joined Fox News in 2013 as a writer and production assistant.
Charles covers the media, politics and culture of Fox News Digital.
Charles is from Pennsylvania, graduated from Temple University and has acquired a bachelor of broadcast journalism. Story tips can be sent to charles.creitz@fox.com.
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