There are new and exciting updates coming to the federal financial aid process this year. These new change make completing a FAFSA faster and easier!

What are the new changes and how will they help? Here are 7 of the most impactful:

The FAFSA will be delayed this year.

For the 2024-2025 year only, the FAFSA won’t be available until December 2023. (It’s usually available in October.) The specific release date will be announced by the Department of Education soon.

你现在可以拿到FSA的ID了!

为了完成FAFSA, you and at least one of your parents will need to create an account on the studentaid.gov网站. If your parent(s) already has an account, they can check to make sure their log-in is working.

FAFSA将会短得多.

The simplified form is only about 30 questions – down from about 100! The answers to several questions will be populated automatically using your and your parents’ federal tax data.

More students will be eligible for Pell Grants.

Eligibility will mostly be based on family income and household size and it will be easier to know if you qualify (and in some cases for how much) up front.

The Expected Family Contribution (EFC) is now the Student Aid Index (SAI).

The SAI will be calculated differently than the EFC was, but it serves the same purpose: determining your financial need by subtracting it from the college’s Cost of Attendance.

You very likely don’t need your tax forms to file the FAFSA.

For most students, a new streamlined process will import your federal tax info directly from the IRS.

You’ll be able to estimate your federal financial aid award and your SAI.

The English and 西班牙语 versions of the new FAFSA have a tool that gives you an early estimate of your SAI and federal financial aid.

More information is becoming available week by week! 请查看 联邦学生援助网站 最新消息.

Virtual 金融援助 Information Session

在圣. 365比分网电竞, nearly every student receives scholarships and grants they don't have to pay back. 但是每年, some students miss out on making college more affordable because they never completed the Free Application for Federal Student Aid (FAFSA). 加入我们吧 Virtual 金融援助 Information Session 周三, 2月21日, hosted by our knowledgeable financial aid team, you will learn all about the FAFSA and financial aid process and the value of a St. 爱德华大学教育.

联系我们

Office of Student Financial Services
建.finaid@sandybb.net
512-448-8523 or 800-555-0164