Family Farm FAFSA Asset Exemption
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-02-07 — Family Farm and Small Business Exemption Act: HR1131 (Family Farm and Small Business Exemption Act) would restore the pre-2024-2025 FAFSA treatment by excluding the net worth of a family-resident farm and family-owned small businesses with ≤100 FTE employees from federal student aid need analysis calculations. (novelty: 2)