With a rare show of bipartisan cooperation, legislation that would, in part, simplify the federal student aid application process for students and families is on its way to the president for him to sign into law.
Both chambers of Congress this week passed H.R. 5363, the FUTURE Act (Fostering Undergraduate Talent by Unlocking Resources for Education Act), which has moved quickly after Senate Republican and Democrat leaders crafted a compromise last week. Walter Bumphus, president and CEO of the American Association of Community Colleges (AACC), commended Sens. Lamar Alexander (R-Tennessee) and Patty Murray (D-Washington) “on their willingness to work together to help advance student success in higher education.”
That work cleared the way for the bill, which the House passed this week. The president is expected to sign it into law.
The legislation would permanently restore funding for historically black colleges and universities and simplify the Free Application for Federal Student Aid (FAFSA), which AACC’s government relations team says will encourage community college students to apply for federal financial aid. Currently, only 62 percent of community college students apply for federal student aid.