FAFSA Simplification

FAFSA Simplification

In an effort to simplify the financial aid process you will see a new FAFSA for 2024-2025, this is part of what is known as FAFSA Simplification. We are learning more about the changes every day and will do our best to bring you updates as we have them. To start, you can read about why the changes are being made, and what changes are being made on the Federal Student Aid Website to learn about FAFSA Simplification.

 

Visit the Federal Student Aid Website

 

 

What is important to know right now?

  • The new 2024-2025 FAFSA soft launched on December 31, 2023
  • FAFSA information will be shared with schools starting in late March 2024
  • The CSS Profile was still available like usual on October 1 for students and families to apply
    • Only new incoming students or students who have had a drastic change in finances need to submit the CSS Profile

What is changing for 24-25?

What are the benefits?

  • A more streamlined application process
  • Expanded eligibility for federal financial aid
  • Reduced barriers for certain student populations
  • A better user experience for the FAFSA form

But how does this all impact me?

Besides timing, these changes may have no impact to you at all! Below are some common questions that may come up regarding FAFSA Simplification that we put together to help. If you still have questions, as always feel free to reach out!

Have your 2022 tax documents handy when starting the FAFSA. It is important to note that each contributor can complete only their part of the FAFSA (student or parent). The second contributor will receive an email to login and complete their part once the first contributor is finished and invites them.

You can also use the Federal Student Aid Estimator to get an estimate of your Student Aid Index (SAI).

Yes, we have programmed the net price calculator to give an estimate based on the new formula using SAI for 2024-2025. Keep in mind this is an estimate, it is as accurate as the information you put in. The loan amounts you are given will be based on a first year student, so they may vary for our returning students using the calculator.

If you apply early action we will do our best to get your an aid offer by April. We appreciate your patience as we navigate the new FAFSA!

Our goal is to get aid information to returning students as quickly as possible. We plan to begin releasing aid offers or requesting additional information for our returning students who have completed the FAFSA in April.

Who is my parent on the FAFSA for 2024-2025?

I heard that it is different for next year, how do I know for sure which parent to use next year? Good news, you can use the below questions to simulate the FAFSA questions to tell you which parent(s) should be used on the FAFSA. On the FAFSA , the “parent” is the your legal (biological or adoptive) parent.

  • Are your parents married to each other?