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Changes to the 2024-2025 FAFSA Have Made Filing for College Money Easier

CFAA College Financial Aid Advisors

Many families often decide to skip the entire process together, even though it’s necessary to file in order to receive financial aid. However, with the release of the 2024-2025 FAFSA, families, students, and financial aid offices alike are hopeful that the once complicated application will be easier to complete and process.

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Updates to the 2024-2025 FAFSA Will Help Maximize Your Financial Aid

CFAA College Financial Aid Advisors

As we wait, it seems like the perfect time to review changes to the 2024-2025 FAFSA that will help you maximize financial aid -and your time filling out the forms! As a reminder, the FAFSA gathers information about your financial needs so your student can be offered work-study, grants, and student loans.

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What You Need to Know Before Starting Your FAFSA Journey

CFAA College Financial Aid Advisors

Completing the FAFSA is one of the first steps that students and families must complete to start their journey to college. Through this application, schools determine how much funding a student is eligible for. This includes federal loans, grants, and work study programs. You can read more about the Student Aid Index here !

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Impact of the New FAFSA on the Net Price of College

College Planners of America

The student financial aid system has always been complex. The goal of the Act is to simplify the process of applying for student financial aid, primarily by reducing the number of questions on the FAFSA from 108 to 36. With this year’s new FAFSA and its inept rollout by the U.S.

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How the New Student Aid Index Impact Your Financial Aid Offers

CFAA College Financial Aid Advisors

Perhaps one of the biggest pros of the SAI is that more students will be able to receive access to Pell Grants. Access to Pell Grants is typically based on family size and the federal poverty line. Starting this year, applicants who don’t qualify for a max Pell Grant if their SAI is less than the maximum grant amount.

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Navigating the FAFSA Maze: Your Essential Roadmap to Financial Aid Success

CFAA College Financial Aid Advisors

The FAFSA serves as the primary application for federal student aid programs, including grants, loans, and work-study opportunities. Additionally, many states and colleges use the FAFSA to determine eligibility for their own financial aid programs. Missing deadlines could result in lost financial aid opportunities.

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How the Delayed Release of the FAFSA Will Impact College Funding

CFAA College Financial Aid Advisors

Here’s what we do know about the updated FAFSA and your student’s college financial aid process so far: Applicants will be able to pull data from their tax returns. An exciting new update for the 2024-2025 FAFSA is that you’ll be able to automatically retrieve income from your taxes and the IRS.

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