S 469 · in committee · significant
Family Farm and Small Business Exemption Act
- education
What this bill does
- Restores an exemption for family farms and small businesses from being counted as assets on federal student aid applications.
- Affects students from families who own farms or small businesses with fewer than 100 employees.
- Reverses a 2024-2025 policy change that began counting farm and business net worth in financial aid calculations.
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Community Threads
Started by Cosponsor
- 01
How might counting farm and business assets in financial aid calculations affect students from rural versus urban areas differently?
- 02
What evidence supports the claim that excluding family farm and business assets from aid calculations helps students access higher education?
- 03
Who would benefit most and least from restoring this exemption, and what trade-offs exist for federal student aid funding?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-IA
Joni Ernst
Citizen cosponsors
0
In Congress
12/ 100
Senators cosponsoring
Introduced 2025-02-06
Joining the bill
Thom Tillis
R-NC · original
Michael F. Bennet
D-CO · original
Chuck Grassley
R-IA · original
Roger Marshall
R-KS · original
Mike Rounds
R-SD · original
John Boozman
R-AR · original
John Hoeven
R-ND · original
James C. Justice
R-WV · original
Jerry Moran
R-KS · original
Pete Ricketts
R-NE
Tommy Tuberville
R-AL
Ruben Gallego
D-AZ
Legislative timeline
2025-02-06 · senate · IntroReferral
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
2025-02-06 · IntroReferral
Introduced in Senate
Citizen comments
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