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[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]
The college financial aid application used by millions of American families is now officially open for the 2025-2026 school year -- 10 days ahead of schedule. What do I need to know about applying ...
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 ...
Usually, the FAFSA is available on October 1 each year, but the overhaul of the form pushed back the release date by roughly three months. That gives families less time to fill out the form for ...
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)
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 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 ...
The form traditionally opens on October 1, but the Department of Education delayed the release in an effort to avoid a repeat of last year’s rocky rollout after making significant updates to the ...