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FAFSA Changes For 2024-25

College Aid Consulting Services

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.

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Financial Aid Glossary: Terms You Need to Know for College Planning

CFAA College Financial Aid Advisors

FAFSA (Free Application for Federal Student Aid) The FAFSA is a form that students and their families fill out to determine their eligibility for financial aid, including federal grants, work-study programs, and loans. It is essential to fill out the FAFSA as early as possible to maximize your financial aid options!

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FAFSA for 2023: Income Limits, Types of Aid and More

Student Loan Hero

But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid. While some aid is based on financial need (such as subsidized loans and Pell Grants), other aid is not (such as unsubsidized federal loans).

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Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

Heres your financial aid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financial aid package because they dont require repayment. Grants are often based on financial need, while scholarships can be awarded for academic achievement, athletic ability, or other criteria.

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It’s Not Too Early: Start Your Financial Aid Planning Now

CFAA College Financial Aid Advisors

Heres how you can begin today: Learn the Basics of Financial Aid One of the most important tools in the financial aid process is the FAFSA (Free Application for Federal Student Aid). This form determines your eligibility for federal aid such as grants, work-study, and student loansand many states and colleges use it too.

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Completion Grants: Innovative Financial Aid for Today's Students

The University Innovation Alliance

Completion Grants: Innovative Financial Aid for Today's Students. Completion Grants. In 2021, we published our Completion Grants Playbook , and our CEO Bridget Burns joined the Chronicle's Assistant Managing Editor Ian Wilhelm to co-host this virtual conversation about helping under-resourced students complete their degrees. .

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How to Make College More Affordable: Why Early Financial Aid Planning Matters

CFAA College Financial Aid Advisors

Colleges have different deadlines, scholarships come with various eligibility criteria, and grants can require some paperwork that takes time to gather. Heres a quick review of what financial aid actually refers to: Grants: Money you dont have to pay back (yay!). What is Financial Aid? These are often based on financial need.