A bill sponsored by Assemblymember Jonathan Jacobson (D-104) to expand opportunity for high school students by helping them access scholarships and grants was included in the recently enacted State budget.

The new rule requires high school seniors to either complete the Free Application for Student Aid (FAFSA) or sign a waiver. Most colleges and universities require the FAFSA to qualify for financial aid.

“We shouldn’t have another generation of students, or another year, leaving over $200 million in financial aid on the table annually,” said Jacobson. “It’s very simple here – the biggest obstacle to attending college is the cost. The way to cut down the cost is to have grants and scholarships. The way you get grants and scholarships is to first fill out the FAFSA.”

The bill sponsored by Jacobson (A8953) also proposed that high school seniors had to complete the FAFSA. The form unlocks access to money like Federal Pell Grants, which can provide a student up to $7,395 per year. But not all students are taking advantage.

“By completing the FAFSA, students will know how much money in grants and student aid is available, and many will realize that college is affordable,” Jacobson said.

With this requirement in place, Jacobson will now work to ensure that school districts offer support to complete the form. “It isn’t enough to make FAFSA a requirement – we also have a responsibility to help students and their families navigate the process,” he said. “It should be manageable for all applicants.”

This bill is one of several pieces of legislation sponsored by Jacobson related to helping expand opportunities for New York’s students. Jacobson also proposed a bill requiring high school students to take a class in financial literacy before graduation (A2298) and a bill expanding the Excelsior Scholarship program to part-time students at colleges or BOCES (A946).