Much of the funding that we rely on to help us pay for college, whether in the form of grants or loans, is dictated by state and, to a much greater extent, federal lawmakers. Financial aid policy covers everything from maximum grant amounts and interest rates on student loans to the deductibility of student loan interest and Section 529 savings plans. FrugalDad.com will keep you up to date on the latest policy changes and proposals so you will be prepared for the challenges of funding a college education.