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The debacle surrounding the rollout of the new Free Application for Federal Student Aid (FAFSA) affected the incoming fall class at three-quarters of private, nonprofit colleges and universities across the nation. Nearly half (49%) of respondents reported that their fall 2024 class was “more difficult to fill” due to the FAFSA delays.
Right before the holidays, the Department released an update on where they are with reprocessing 2024-25 FAFSA records to Address Conflicting Information, Asset Known Issues, and Incorrect Reject Codes.
Federal Student Aid will host a live internet webinar on November 8th to provide administrators with an update on processing for the 2024–25 FAFSA , beta testing for the 2025–26 FAFSA, and when the upcoming application will be available.
A more efficient process is underway for filing the 2025-26 Free Application for Federal Student Aid (FAFSA). Cordona, the new process is informed by conversations with and feedback from students, institutions, and other stakeholders following a challenging 2024-25 FAFSA cycle. Jeremy Singer According to U.S.
“The North Star Promise program is open to all Minnesota residents with a family Adjusted Gross Income (AGI) below $80,000, as reported on the Free Application for Federal Student Aid (FAFSA).” One of the first 10 questions that a student encounters in the FAFSA is ‘Who is your parent or guardian and what is their income information?’
Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. Update on November 8, 2024: The Department previously indicated that the batch… More » FSA to Roll Out 2024-25 and 2025-26 FAFSA Batch Corrections by Early 2025 (Nov.
Financial aid offices can access the 2025-26 FAFSA Paper form through the FAFSA Partner Portal, as the Department of Education begins processing applications; functionality for student corrections will arrive in early 2025.
Greg Nayor In what has been another delay, ED announced last week that schools and agencies involved in financial aid will receive Free Application for Federal Student Aid (FAFSA) information – which they use to determine student total financial aid offerings – until the first half of March. It really does shorten things up quite a bit."
Department of Education (ED) has updated how it calculates the amount of aid students will receive to be in full alignment with the FAFSA Simplification Act. Cardona said the update, the latest in ED’s 2024–25 Better FAFSA ® implementation, will not impact implementation timelines. Secretary of Education Dr. Miguel A.
This year, helping her high school seniors through the newly simplified FAFSA application process has been more stressful than simple. Traditionally, the FAFSA form opens on October 1, leaving students and their parents plenty of time to fill out the form. as the new FAFSA system encountered glitches and repeated delays.
Amid ongoing issues with the new Free Application for Federal Student Aid (FAFSA) form this year, the City University of New York (CUNY) is looking to help. FAST will begin April 12 and continue until the end of this September, a CUNY spokesperson said in an email. to be able to be walked through it. I think there’s a lot of merit in that.”
FSA has provided guidance for institutions on obtaining written consent from their students to share FAFSA data with a third party in compliance with FERPA regulations.
Here is an update on the FAFSA Changes For 2024-25. The Free Application for Federal Student Aid (FAFSA) will see the majority of changes starting in the 2024-25 academic year and not in the 2023-24 year that was originally planned. However, the new FAFSA application will be released on Oct 1, 2022.
Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on November 27, 2024: We updated multiple edits in Volume 5 – Edits and Rejects.
When the FAFSA Simplification Act begins to take effect this July, it’s expected to significantly affect the process of applying for financial aid, making the paperwork less complex and altering the formula for eligibility. However, there has been scant information on the specific impacts at a national level.
Discover our Top 10 FAFSA Tips for Divorced Parents in 2024—expert guidance tailored for navigating college financial aid. These insights stem from frequent inquiries and our seasoned experience in aiding divorced parents with the FAFSA.
Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Volume 4 – Record Layouts and Processing Codes and the 2024–25 Final ISIR Record Layout in Excel Format.
In the latest update from the Department of Education, detailed steps have been taken to rectify issues with the 2024-25 FAFSA forms linked to IRS FA-DDX data errors. The announcement highlights the successful reprocessing of nearly all affected records, ensuring institutions can now proceed with financial aid offers.
FSA has released an electronic announcement to clarify how issues discovered during the 2024-25 FAFSA rollout would be treated in terms of conflicting information and the appropriate steps that Financial Aid offices should take.
On May 1st, FSA announced that the Department will begin reprocessing 2024-25 FAFSA forms at the request of state agencies to address an issue with the order of school codes on the Institutional Student Information Record (ISIR).
Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed?
Federal Student Aid has released the first four volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time.
Federal Student Aid is hosting a virtual webinar where users will have the opportunity to watch a demonstration on how institutions will submit corrections through the FAFSA Partner Portal (FPP).
million Free Application for Federal Student Aid (FAFSA ® ) forms have been successfully submitted since the 2024-25 redesigned application went live Dec. The data come a few weeks after ED announced more than one million FAFSA forms had been submitted and the form were accessible 24/7. More than 3.1 Department of Education.
2024-25 FAFSA Simplification Overview 2024-25 FAFSA Simplification Overview Broadcast date: Tuesday, October 24, 2023 Are you ready for 2024-25? Join College Aid Services for the first of series of webinars as we prepare for the 2024-25 FAFSA.
Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. This surprising announcement places a significant burden on Financial Aid Administrators and may cause further delays in granting aid to students.
It is not feasible or realistic to send out incorrect FAFSA data and ask thousands of schools to make real-time calculations and adjustments to the federal formula on the school side,” Draeger continued. The guide will be updated regularly through April 2024. Department of Education. “It
FSA announced that it will resume flagging FAFSA applicants for potentially fraudulent activity on both the the 2024-25 and 2025-26 forms, which will require that schools complete V4 or V5 verification prior to disbursing any Title IV aid.
Institutions now have access to the 2024-25 FAFSA Verification-IRS Return Transcript Matrix to compare data between a selected family’s tax data and the information submitted through the FAFSA application. The matrix is currently available as an excel document and is divided into five specific sections.
To give financial aid administrators time to prepare for the upcoming changes to the FAFSA form in advance of the 2024–25 FAFSA form release, FSA has announced that a 2024–25 FAFSA prototype is now available for use. What is the 2024–25 FAFSA Prototype?
The FAFSA is coming. For the 2024-2025 application cycle, the FAFSA will be released in December. If you’re attending college in the fall of 2024, then you’ll likely need to complete the FAFSA this winter. The post Everything You Need to Complete Your 2024-2025 FAFSA appeared first on CFAA.
A roadmap for the 2024-25 FAFSA Process has been released in GEN-23-17 which includes a timeline leading to the 2024-25 FAFSA becoming available in December 2023.
The long-awaited 2024-2025 Free Application for Federal Student Aid (FAFSA) is available through the Department of Education’s website as of December 30th. The… More » 2024-25 FAFSA Launches (With Some Glitches) The post 2024-25 FAFSA Launches (With Some Glitches) first appeared on College Aid Services.
The English and Spanish FAFSA Submission Summary are now available online as a training resource for financial aid professionals. To access the documents, click the PDF links at the bottom of the FSA press release below.
Department of Education has released its framework for the 2025–26 FAFSA Testing Period, which starts Oct. Jeremy Singer “We’re using the beta testing period to uncover and fix issues with the FAFSA form before the form is available to millions of students and their families,” said FAFSA Executive Advisor Jeremy Singer.
Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? Volume 5 – Edits and Rejects, and it is now final.
Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed?
It’s been a year of missteps, miscalculations, confusion, delays, glitches, and frustration after the botched launch of the simplified FAFSA, which has prevented financial aid packages from being awarded to students with ample time to make plans for their future. Last week, Secretary of Education Dr. Miguel A.
31 as a soft launch period of the 2024-25 FAFSA. The electronic announcement (GENERAL-23-115) listed below… More » 2024–25 FAFSA Soft Launch Details and Timelines The post 2024–25 FAFSA Soft Launch Details and Timelines first appeared on College Aid Services.
In a recent electronic announcement, the Department of Education has outlined a number of updates that will impact the 2024-25 and 2025-26 FAFSA forms in the coming months as part of its overhaul of the application. What updates can you expect related to the 2024-25 FAFSA?
Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed?
Federal Student Aid has updated the 202425 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 202425 award year. Update on Feb. 21, 2025: We updated Volume 5 Edits and Rejects and Volume 7 Comment Codes.
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