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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 ...
Since the new form was released in December 2023, the rollout has been plagued by delays, glitches and processing errors in a system that helps millions of college students receive critically ...
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]
In February, the department announced several new steps it was taking to help colleges process the new FAFSA forms and develop student aid awards. How the FAFSA has changed.
The changes to the form are meant to make the FAFSA easier to fill out and deliver more financial aid to students and families, but the implementation was plagued with problems. When the new ...
The FAFSA has long been due for an update, and the new version released at the end of last year is a culmination of changes approved by Congress in 2019 and 2020. In previous years, the FAFSA ...
A simplified form was released on December 31, 2023—nearly two months later than FAFSA's usual release. Notably, the Education Department didn't extend the deadline for completing the form.
The FAFSA was only available to students for brief windows of time to start, and ED later allowed students to fill out the form between 8 a.m. and 8 p.m. most days. This period is when technical ...