FAFSA 2024 Changes
The FAFSA is Changing – FAFSA Simplification
Significant changes are coming to the Free Application for Federal Student Aid (FAFSA) for the upcoming 2024-2025 year. The FAFSA Simplification Act is a sweeping redesign of the processes and systems used to award federal student aid. Specifically, the law makes it easier for students and families to complete and Submit the Free Application for Federal Student Aid (FAFSA) form and expands access to federal student aid.
Frequently Asked Questions
- Should I still complete the FAFSA?
- My FAFSA says it needs corrections. How do I correct my FAFSA?
- My FAFSA contained errors and needs to be reprocessed, when will I receive my financial aid information?
What’s changing with the FAFSA?
- The 2024-2025 FAFSA is now available.
- The FAFSA will be shorter and more user-friendly.
- The Estimated Family Contribution (EFC) has been replaced by the Student Aid Index (SAI).
- Spouses or Stepparents may need to participate in completing the FAFSA as a Contributor.
- FAFSA Applicants will be required to use the IRS Direct Data Exchange.
- The number in college will not be used to calculate SAI.
- Family farms and small businesses must be reported as assets.
FAQS
- What if a student’s parents are divorced? Who is the Contributor to their FAFSA?
- Will I be eligible for federal grants under the new FAFSA?
- Will an incomplete FAFSA be deleted?
- What hasn’t changed with the FAFSA?
If you believe your FAFSA does not reflect your current circumstances, you may request a review by emailing ssc@yueziqi.com and requesting a Special Circumstances review to determine if any adjustments can be made to your financial aid eligibility. Supporting documentation may be required for the Special Circumstances review.
Helpful Videos
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What Is FAFSA®?
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What’s Changed for the 2024–25 FAFSA® Form?
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Who Is a Contributor on the FAFSA® Form?
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Why Do My Contributors and I Need Our Own StudentAid.gov Accounts for the FAFSA® Form?
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How Do I Complete the 2024–25 FAFSA® Form If My Parents Are Divorced or Separated?
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How Do I Create a StudentAid.gov Account If I Don’t Have a Social Security Number?
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How Do I Complete the FAFSA® Form If My Parent Is a Noncitizen?
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Who Is a Contributor on the FAFSA® Form?
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Why Do My Contributors and I Need Our Own StudentAid.gov Accounts for the FAFSA® Form?
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What Does It Mean To Provide Consent and Approval on the FAFSA® Form?