FAFSA简化
Due to the passing of the Free Application for Federal Student Aid (FAFSA) Simplification Act on December 27, 2020, as a part of the Consolidated Appropriations Act, the FAFSA is changing for the 2024-2025 aid year. The 2024-2025 FAFSA determines your financial aid eligibility for the summer 2024, 2024年秋季, 2025年春季学期.
You can expect the following changes:
- The FAFSA application process will be streamlined and easier for students to complete.
- New terminology will be added to the FAFSA.
You can learn more about the specific changes, timeline, and how to prepare below.
2024-2025年FAFSA的变化
简化申请程序
The FAFSA will feature fewer questions, 更少的需求, and retrieve tax information using a direct data exchange from the IRS instead of the previous IRS Data Retrieval Tool.
新的术语和信息
The FAFSA is introducing the new term 贡献者, which refers to anyone who is required to provide information on a student’s FAFSA form, 包括学生, 学生的配偶, 亲生父母或养父母, 或者父母的配偶. Being a 贡献者 does not imply responsibility for the student’s college costs.
Students will need the 贡献者’s name, 出生日期, 社会安全号码(SSN), and 电子邮件地址 to invite them to complete the required portion of the FAFSA.
Contributors will need to provide information on their section of the FAFSA.
If your parents are divorced or separated, the contributing parent(s) is the parent (and their spouse, if remarried) who provided the greater portion of your financial support during the 12 months immediately prior to filing the FAFSA. It is not automatically the parent you primarily lived with during the past 12 months.
所有贡献者-学生, 学生配偶(如已婚), and student’s parents(s) (if a dependent student) – must provide consent to have tax data transferred directly from the IRS to the FAFSA. If consent is not provided by all parties, the student will not be eligible for federal financial aid. In previous years, transferring IRS data was optional. 现在是必需的.
The need analysis formula to determine financial aid, formerly known as the Expected Family Contribution (EFC), will now be referred to as the Student Aid Index (SAI). Unlike the EFC, the SAI may be a negative number.
Small businesses and family farms are now considered assets.
The number of family members in college will still be asked on the FAFSA, but it will be excluded from the federal, 状态, and institutional financial aid calculation.
The Student Aid Report (SAR) will now be referred to as the FAFSA提交摘要. This is the summary submission document you receive after completing the FAFSA.
准备FAFSA
To prepare to complete your FAFSA complete the following:
- Create an FSA ID on the Federal Student Aid website and assist 贡献者s, 比如你的父母或配偶, 创建FSA ID. An FSA ID is an account and password that gives you access to the Federal Student Aid’s online system and serves as your electronic signature. 有FSA ID, you can fill out the FAFSA when it’s available, sign your Master Promissory Note (MPN), 申请还款计划, and complete loan entrance counseling.
- You will need the social security number, 电子邮件地址, and birthdate of all 贡献者s-many find it easiest for the student to complete the FAFSA with the 贡献者 together versus sharing this information.
- Complete all admissions requirements with your admissions counselor so you are an admitted student when we receive your FAFSA. We only package 金融援助 for admitted students.
- Complete it as soon as possible at fafsa.政府
- n addition to completing the FAFSA you can also complete your Master Promissory Note and Entrance counseling at studentaid.政府 /或然数/
