344 
‘‘(3) Notwithstanding paragraph (1), with re-
spect to dislocated workers (as defined in section 
101 of the Workforce Investment Act of 1998 (29 
U.S.C. 2801)), the term ‘total income’ is equal to es-
timated adjusted gross income plus estimated 
untaxed income and benefits for the current tax year 
minus estimated excludable income (as defined in 
subsection (e)) in for the current tax year.’’. 
(b) UNTAXED INCOME
AND BENEFITS.—Section 
480(b)(6) (20 U.S.C. 1087vv(b)(6)) is amended by insert-
ing ‘‘, except that the value of on-base military housing 
or the value of basic allowance for housing determined 
under section 403(b) of title 37, United States Code, re-
ceived by the parents, in the case of a dependent student, 
or the student or student’s spouse, in the case of an inde-
pendent student, shall be excluded’’ before the semicolon. 
(c) TREATMENT OF VETERANS’ EDUCATION BENE-
FITS IN ESTIMATED FINANCIAL ASSISTANCE CALCULA-
TION.—Section 480(j) (20 U.S.C. 1087vv(j)) is amended 
by adding at the end the following new paragraph: 
‘‘(4) Notwithstanding paragraph (1), for the first 
year a student receives veterans’ education benefits under 
chapter 30 of title 38, United States Code, the amount 
of such veterans’ education benefits that is treated as esti-
mated financial assistance not received under this title for 
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the purposes of section 471(3) shall be calculated by sub-
tracting the amount that the student’s basic pay was re-
duced under section 3011(b) or 3012(c) of such title in 
order to be eligible to receive such benefits from the 
amount of such veterans’ education benefits.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section are effective on July 1, 2009. 
PART G—GENERAL PROVISIONS 
SEC. 481. COMPLIANCE CALENDAR. 
Section 482 (20 U.S.C. 1089) is amended by adding 
at the end the following: 
‘‘(e) COMPLIANCE CALENDAR.—Prior to the begin-
ning of each award year, the Secretary shall provide to 
institutions of higher education a list of all the reports 
and disclosures required under this Act. The list shall in-
clude— 
‘‘(1) the date each report or disclosure is re-
quired to be completed and to be submitted, made 
available, or disseminated; 
‘‘(2) the required recipients of each report or 
disclosure; 
‘‘(3) any required method for transmittal or 
dissemination of each report or disclosure; 
‘‘(4) a description of the content of each report 
or disclosure sufficient to allow the institution to 
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identify the appropriate individuals to be assigned 
the responsibility for such report or disclosure; 
‘‘(5) references to the statutory authority, ap-
plicable regulations, and current guidance issued by 
the Secretary regarding each report or disclosure; 
and 
‘‘(6) any other information which is pertinent to 
the content or distribution of the report or disclo-
sure.’’. 
SEC. 482. IMPROVEMENTS TO PAPER AND ELECTRONIC 
FORMS AND PROCESSES. 
(a) COMMON FINANCIAL AID FORM DEVELOPMENT 
AND PROCESSING.—Section 483 (20 U.S.C. 1090) is 
amended— 
(1) in subsection (a)— 
(A) by striking paragraphs (1), (2), and 
(5); 
(B) by redesignating paragraphs (3), (4), 
(6), and (7), as paragraphs (9), (10), (11), and 
(12), respectively; 
(C) by inserting before paragraph (9), as 
redesignated by subparagraph (B), the fol-
lowing: 
‘‘(1) IN GENERAL.—The Secretary, in coopera-
tion with representatives of agencies and organiza-
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347 
tions involved in student financial assistance, shall 
produce, distribute, and process free of charge com-
mon financial reporting forms as described in this 
subsection to be used for application and reapplica-
tion to determine the need and eligibility of a stu-
dent for financial assistance under parts A through 
E (other than subpart 4 of part A). These forms 
shall be made available to applicants in both paper 
and electronic formats and shall be referred to as 
the ‘Free Application for Federal Student Aid’ or 
the ‘FAFSA’ . The Secretary shall work to make the 
FAFSA consumer-friendly and to make questions on 
the FAFSA easy for students and parents to read 
and understand, and shall ensure that the FAFSA 
is available in formats accessible to individuals with 
disabilities. 
‘‘(2) 
EARLY
ESTIMATES.—The 
Secretary 
shall— 
‘‘(A) permit applicants to enter data in 
such forms as described in this subsection in 
the years prior to enrollment in order to obtain 
a non-binding estimate of the applicant’s family 
contribution (as defined in section 473); 
‘‘(B) permit applicants to update informa-
tion submitted on forms described in this sub-
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348 
section, without needing to re-enter previously 
submitted information; 
‘‘(C) develop a means to inform applicants, 
in the years prior to enrollment, of student aid 
options for individuals in similar financial situa-
tions; and 
‘‘(D) develop a means to provide a clear 
and conspicuous notice that the applicant’s ex-
pected family contribution is subject to change 
and may not reflect the final expected family 
contribution used to determine Federal student 
financial aid award amounts. 
‘‘(3) PAPER FORMAT.— 
‘‘(A) IN
GENERAL.—The Secretary shall 
produce, distribute, and process common forms 
in paper format to meet the requirements of 
paragraph (1). The Secretary shall develop a 
common paper form for applicants who do not 
meet the requirements of subparagraph (B). 
‘‘(B) EZ FAFSA.— 
‘‘(i) IN
GENERAL.—The Secretary 
shall develop and use a simplified paper 
application form, to be known as the ‘EZ 
FAFSA’, to be used for applicants meeting 
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