On December 27, 2020 the FAFSA (Free Application for Federal Student Aid) Simplification Act was passed. The new law was put into place to make the FAFSA easier for students and families to complete the FAFSA. The improved FAFSA will be open by December 31, 2023.
It has been 40 years since the last major change to the FAFSA. With the improved FAFSA, congress has made it easier to apply for federal student aid ensuring more people can qualify.
2024-2025 FAFSA Changes:
-Connecting more people with more funds.
-There will be less questions and it will be easier to transfer tax information.
-Developing a better user experience.
-930,000 additional Pell Grant award receipts (estimated).
Before you start:
To create a FSA ID: Home | Federal Student Aid
Additional information on contributors:
-If you are a dependent student, you must indicate your parents or stepparents as contributors on the FAFSA.
-If your parents are married and filed joint 2022 tax returns, only one parent needs to complete the FAFSA as a contributor.
-If your parents are married and filed separate 2022 tax returns, both parents need to complete the FAFSA as contributors.
-If your parents are divorced, separated, or never married, the parent who provides the most financial support should complete the FAFSA as a contributor.
-If you are married, you must indicate your spouse as a contributor on the FAFSA.
For more information on dependency status: Dependency Status | Federal Student Aid
For FAFSA Help: FAFSA® Help | Federal Student Aid