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Frank was an American technology company that helped students find free scholarship money through an online college financial planning platform. [1] Launched in 2016 by 24-year-old Charlie Javice, the software guided students through the online FAFSA (Free Application for Federal Student Aid) application, helping them complete more than 100 questions within a few minutes.
The original FAFSA form had 108 questions, which was a significant barrier for many low-income families seeking financial aid. [22] The questions were broadly seen as excessively detailed and unnecessarily complicated, with students being required to dedicate several hours to completing their application.
Decreases in the amount of financial aid lead to decreases in enrollment. However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates. [72] Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72]
If you miss a state deadline, submit your FAFSA as soon as possible, then reach out to your state’s financial aid agency to ask about your options. There’s a possibility that you still could ...
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