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The FAFSA update is slated to add an additional $1.8 billion in need-based student aid, but colleges and universities won’t receive the new information until March, according to the DOE.
The form, known as FAFSA, is used to determine eligibility for federal Pell Grants, and colleges and states use it to award their own financial aid to students. The update was meant to simplify ...
The Education Department announced an update to the SAI tables that will allow students to benefit from an additional $1.8 billion in aid. (Credit: Getty Images) (Richard Stephen via Getty Images)
Some students may be unable to receive their financial aid money in time to pay their bills, with classes only a few weeks away, after the Education Department announced Tuesday that colleges will ...
The Free Application for Federal Student Aid, known as the FAFSA, officially opened Thursday for students seeking financial aid for college during the 2025-2026 school year.
The 2025–2026 Free Application for Federal Student Aid (FAFSA) is now available. And unlike last year's form—which had a disastrous launch—this one seems to be working. The form was ...
The problem emerged after a congressional mandate in 2020 to simplify the FAFSA form. The department estimates that with the new fix, students will have access to an additional $1.8 billion in ...
Of the more than 6 million FAFSA forms submitted this year, it had processed 4.3 million by March 25, though the agency has since flagged additional errors requiring some forms to be reprocessed.