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The U.S. Department of Education started a “soft launch” of the new and simplified Free Application for Federal Student Aid form — often referred to as the FAFSA — last weekend.. It ...
Also, keep the federal and college deadlines in mind as you renew or reapply for the FAFSA. If you miss a deadline, you risk not being eligible for financial aid for the upcoming academic year.
The FAFSA is a free government application that uses financial information from you and your family to determine whether you can get financial aid from the federal government to pay for college.
However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates. [72] Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72] In terms of race, changes in financial aid affect black students more than it affects white ...
Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income undergraduate students. Pell Grants for the 2023–2024 school year range from $750 to ...
WASHINGTON – College students may soon benefit from two new bipartisan federal laws, one that gives families extra time to apply for financial aid and another aimed at curbing on-campus hazing.
The US Department of Education made the FAFSA available earlier to more closely align the timing of the financial aid application process with the typical college application process. [7] The FAFSA Deadline Act in 2024 made the October availability date part of the law. [ 8 ]
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.