HR. 1131In Committee
Family Farm and Small Business Exemption Act
Restores a FAFSA asset exemption for family farms where the family lives and family-owned small businesses with up to 100 employees when calculating student aid eligibility
Plain-English overview
What this bill does
Restores a FAFSA asset exemption for family farms where the family lives and family-owned small businesses with up to 100 employees when calculating student aid eligibility
Key points
- Restore FAFSA asset exemption
Current status
Where it stands
Status
In Committee
Latest action
2025-02-07 — Referred to the House Committee on Education and Workforce.
Related context
Topics and policy areas
undefinedEducationGovernment lending and loan guaranteesRural conditions and developmentSmall businessStudent aid and college costs