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The federal financial aid form looks different in the 2024-25 school year. Here's what college students and parents need to know about the new FAFSA.
The FAFSA is a relatively easy form to fill out, as it lets parents link to their previously filed tax returns to answer the financial questions. It has now been streamlined to just 36 questions ...
Recent changes have altered when the Fafsa form may be filed as well as factors which determine federal student aid eligibility. Here is what to know. FAFSA is changing for 2024.
The FAFSA Deadline Act in 2024 made the October availability date part of the law. [8] The 2016–2017 academic year was the final time the FAFSA was not made available until January 1. [7] Two-year old US tax information is used to complete the financial sections of the FAFSA beginning with the 2017–2018 academic year.
So you have a 21-month window from opening date to deadline to submit your FAFSA form each year. ... July 1, 2023 - June 30, 2024. 2023-2024 FAFSA. 2021 (filed in 2022) Oct. 1, 2022 - June 30, 2024.
To file their FAFSA. The maximum FSEOG is $4,000 a year and the amount applicants are eligible for is at the discretion of the college. To obtain the FSEOG, the student must accomplish and submit the Free Application for Federal Student Aid (FAFSA). [1]
There are a number of free calculators on the Web to help applicants estimate the EFC before filing the FAFSA. Recipients of need-based financial aid must reapply for each year by completing a new FAFSA. The term and concept of Expected Family Contribution was replaced by the term Student Aid Index (SAI) in 2024. [2]
Changes to the 2024-25 FAFSA All major revisions outlined in the FAFSA Simplification Act will take place during the 2024-25 FAFSA cycle, which opened on Oct. 1, 2022, and ends June 30, 2025.