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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. There's a new FAFSA in 2024.
If you think you can’t get financial aid for college because your parents make too much money, it’s worth your time to fill out the FAFSA, aka the Free Application for Federal Student Aid. Why?
The parents use these loans to pay for educational expenses on behalf of the student. For undergraduate students, there is the parent loan for undergraduate students or PLUS Loan. This loan allows parents to borrow up to the total cost of attendance, minus any other financial aid the student receives.
The Free Application for Federal Student Aid (FAFSA) is a form you complete annually for financial aid. If your parents never married, enter "never married" for Step 4 on the form. You will need ...
Even if the parents have no intention of helping pay the student's college expenses, which legally they are not required to do, the student remains considered a dependent and the parents' income and assets are used in determining the EFC and through it, the student's financial aid award. Put differently, if the parents are able but unwilling to ...
Call 1-800-433-3243 to obtain a PDF of the form; The Higher Education Opportunity Act of 2008 authorized fee-based FAFSA preparation. [10] By law, fee-based FAFSA preparation services must on initial contact with students inform them of the free option and be transparent about their non-affiliation with the U.S. Department of Education and ...
In addition, the department is rolling out a streamlined process for submitting the Free Application for Federal Student Aid or FAFSA for applicants or their parents who don’t have a Social ...
All new Stafford, PLUS, and consolidation loans are now administered through the Direct Loan Program. Campus-Based Aid includes types of aid that schools are responsible for administering on behalf of the federal government. Federal Perkins Loans are low-interest loans made through a school’s financial aid office using federal funds ...