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Here's advice from an expert if you're having trouble completing the redesigned FAFSA for 2024-2025. Diona BrownJan. 11, 2024 Steps for Being Independent on the FAFSA A student age 24 or older by Dec. 31 of the award year is considered independent for federal financial aid purposes. ...
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FAFSA rollout is on track for the 2025-26 application year — How to prepare FA 100 Parents are saving more for college thanks to a key change to 529 plans Personal Finance First-year college enrollment is down even though more students qualify for aid ...
FAFSA Changes for College Aid
The sooner you file, the more likely you are to qualify for a greater amount of aid. Students who apply for financial aid during the first three months tend to get twice as much grant money as students who file the FAFSA later, says Mark Kantrowitz, author ofHow to Appeal for More Fin...
MORE: Overhaul of widely used college financial aid form could make it a 10-minute process To fill out the FAFSA, students and parents have to consent to allow information from the IRS to be imported into theFAFSA online form. In addition, the FAFSA now features theStudent Aid Index (SAI...
Around this time of year, families around the country face the daunting task of filling out the dreaded FAFSA form. The FAFSA— or the Free Application for Federal Student Aid— is the document all college students and their parents must fill out annually to be eligible for student...
The FAFSA serves asthe gatewayto all federal aid money, including loans, work study and grants, which are the most desirable kinds of assistance because they typically do not need to be repaid. In ordinary years, high school graduates miss out on billions in federal grants because they don...
SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid.