In addition, some barriers to financial aid have already been removed due to the FAFSA®Simplification Act. In previous years, the FAFSA®required that you disclose any drug-related convictions, which would result in you being ineligible to receive financial aid. With the 2024-25 FAFSA®, ...
This can result in significant savings for borrowers. The government issued 5.7 million subsidized student loans in the 2016-2017 school year. These loans go towards students with a financial need, based on filling out the FAFSA. Verdict: Bad. These loans only go towards students who have a ...
The 2024-25 Free Application for Federal Student Aid (FAFSA) looks much different than in previous years. The form now contains far fewer questions, a direct data exchange with the IRS and a new formula that could impact student’s financial aid packages. The changes are the result of the ...