CFAA College Financial Aid Advisors

NOVEMBER 19, 2023

But, in a year where the FAFSA is being delayed (because of some great changes that are happening!), many students and families are left wondering how financial aid distribution will work for the 2024-2025 school year. This is almost 3 months later than the FAFSA timelines have been in previous years.

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CFAA College Financial Aid Advisors

AUGUST 22, 2023

It’s been 40 years since the last major overhaul of the FAFSA application. If you need a reminder, FAFSA is the application every college student should file for financial aid assistance as a freshman and throughout. The post Did the Updates to the 2024-2025 FAFSA Actually Make It Better? appeared first on CFAA.

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College Aid Services

JANUARY 5, 2024

The long-awaited 2024-2025 Free Application for Federal Student Aid (FAFSA) is available through the Department of Education’s website as of December 30th. The… More » 2024-25 FAFSA Launches (With Some Glitches) The post 2024-25 FAFSA Launches (With Some Glitches) first appeared on College Aid Services.

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CFAA College Financial Aid Advisors

DECEMBER 11, 2023

How the FAFSA is Making Financial Aid More Accessible to Families Nationwide In the last year and a half, the Free Application for Federal Student Aid – or FAFSA – has undergone major changes to make the application easier to complete for students nationwide. Who should file the FAFSA? How do I prepare for the FAFSA?

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CFAA College Financial Aid Advisors

MAY 6, 2024

As the gateway to federal financial aid for college, the Free Application for Federal Student Aid (FAFSA) is a crucial step for students and their families in securing funding for higher education. However, completing the FAFSA can often feel like navigating a maze, with complex forms and important deadlines to contend with.

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HEAG

FEBRUARY 1, 2024

The release of the 2024-2025 Free Application for Federal Student Aid (FAFSA) has been eagerly anticipated, but its roll-out has faced unforeseen issues, impacting students and colleges nationwide. On January 30, 2024, the Department announced that institutions and states will … Read more ».

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College Aid Services

FEBRUARY 13, 2024

The Department has announced steps to help colleges process 2024-2025 student records faster and more efficiently. Department of Education Announces Latest Steps to Support Schools and Students with Better FAFSA The post U.S.

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HEAG

OCTOBER 26, 2023

The delay in the availability of the 2024-2025 FAFSA ® will certainly cause complications for many campuses, but for some it is a blessing in disguise since there’s extra time to make the many changes that will be required before … Read more ».

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Diverse: Issues in Higher Education

JUNE 1, 2023

To be eligible, students must graduate from a Minnesota high school, live in the state for 12 months without being enrolled in college more than half-time, submit a FAFSA form, and maintain good academic standing. Those who submit a FAFSA or Minnesota Dream Act application for the 2024-2025 academic year will be considered automatically.

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HEAG

OCTOBER 5, 2023

We’ve been discussing the changes coming for the 2024 – 2025 award year — from the FAFSA questions to needs analysis — for several months now. However, the most immediate, albeit temporary, change is that the FAFSA won’t be available … Read more ».

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College Aid Consulting Services

JANUARY 12, 2024

FAFSA Deadline: The FAFSA deadline (Federal) is June 30 th 2025. However, it is recommended to submit the FAFSA by the college’s deadline to ensure that your child is considered for the maximum amount of financial aid. Key Deadlines and Important Dates: CSS Profile Deadline: The CSS Profile deadline varies by college.

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College Planners of America

JANUARY 3, 2024

The 2024–25 Free Application for Federal Student Aid (FAFSA) is now available through a soft launch by the Federal Student Aid (FSA) office of the U.S. The FSA released the following announcement on December 31, 2023: “During the soft launch, the FAFSA form will be available while we monitor site performance and form functionality. “You

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CFAA College Financial Aid Advisors

DECEMBER 3, 2023

What We Know About the New FAFSA and Financial Aid Offers As a result of the FAFSA Simplification Act in 2020, the FAFSA has been updated to help millions of students and families maximize their financial aid for college. Are there any format updates to the FAFSA? Families must consent to be able to receive financial aid.

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College Aid Services

MARCH 4, 2024

Federal Student Aid has published several important changes regarding the 2024-2025 FAFSA. What changed? FSA has replaced the SAI formula that it released on February 27th with its previous iteration due to the passage of the Extension of Continuing Appropriations and Other Matters Act, 2024.

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HEAG

JUNE 29, 2023

The access and use of federal tax information (FTI) under the FAFSA® Simplification program (to be fully implemented for the 2024-2025 award year) has been in the news lately, so we thought we’d try to answer some of the most … Read more ».

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CFAA College Financial Aid Advisors

OCTOBER 24, 2023

How to Update Your Financial Aid Application to Reflect Your Current Income One of the most important steps in applying to college is completing the FAFSA, which will open in December. What many families don’t realize is that the FAFSA uses federal income tax information from the previous year to calculate financial aid eligibility.

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HEAG

MARCH 20, 2024

In all the hubbub around FAFSA ® Simplification, we haven’t really had time to talk much about the new methodology for awarding Pell Grants. Throw your Pell charts away and read on for the three steps to a Pell grant.… … Read more ».

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College Aid Services

DECEMBER 21, 2023

territories, FSA has released additional guidance about how to properly report income and tax information on the FAFSA for the 2024-2025 academic year. For financial aid applicants who reside in U.S. Review the helpful information below to learn more.

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HEAG

MAY 3, 2024

Resources Word In Wooden Cube In this blog post, we provide an overview of the changes financial aid offices face while processing financial aid for the 2024-2025 award year and tools that can help your institution. Below is a brief … Read more ».

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HEAG

DECEMBER 8, 2022

The Consolidated Appropriations Act of 2021 included a number of changes to federal financial aid processing and student eligibility lumped together under the umbrella FAFSA Simplification. While the most impactful changes won’t come until the 2024-2025 award year, there are … Read more ».

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CFAA College Financial Aid Advisors

AUGUST 1, 2023

The 2024-2025 FAFSA will be opening this December, instead of October (like usual). Fall is on the way and the new season marks the beginning of college application season! But we’re still encouraging families and students to start their prep work now! Many state and.

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HEAG

AUGUST 17, 2023

In our June blog , we discussed how the process of obtaining federal income tax information will be changing for the 2024-2025 award year. In summary, the current IRS data retrieval tool allows the student, their parents or spouse, collectively … Read more ».

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CFAA College Financial Aid Advisors

AUGUST 28, 2023

One of the biggest changes with the 2024-2025 FAFSA is how Federal Tax Information (FTI) is gathered during the application process. FTI is any tax return or return information received from the Internal Revenue Service and is important for determining income, eligibility, income-driven repayment plan.

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CFAA College Financial Aid Advisors

FEBRUARY 19, 2024

Start with FAFSA If you are not yet familiar with the term FAFSA (Free Application for Federal Student Aid), now’s the perfect time to learn about it all! Filing the FAFSA is the first stop to determine your eligibility for federal, state, and most institutional college financial aid.

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CFAA College Financial Aid Advisors

OCTOBER 23, 2023

Access usually begins with filing a FAFSA. While most use the FAFSA (which comes live in December), some states do have separate applications. Federal Deadline Technically you do have until June 30 to submit the FAFSA, but many financial aid funds could be deleted by then.

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Diverse: Issues in Higher Education

FEBRUARY 23, 2023

The university launched “Reach Higher 2025,” a new strategic plan approved by the board of trustees with three components: educational experience, lifetime learning, and educational equity. After filing the FAFSA, the university will back end the federal student aid with university support.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

How Finding Money for College Is Now Easier Than Ever For the last 40+ years, students and families have been frustrated by the process of filing the FAFSA. The hope, of course, is that all these changes will motivate more families to file a FAFSA and qualify for federal financial aid.

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College Planners of America

OCTOBER 19, 2023

Since it is updated annually based on inflation, a family may assume that the tax exclusion will rise to $18,000 per individual and $36,000 per couple in 2024 and to $19,000 per individual and $38,000 per couple in 2025. The donor, usually a parent or grandparent, can also be the custodian.

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EAB

APRIL 18, 2023

Blogs What enrollment leaders need to know about the upcoming FAFSA changes Updated April 2023 As most of us in enrollment know, the FAFSA is set to substantially change for the 2024-2025 academic year. Fall 2023 – The FAFSA Estimator will be released, allowing students to determine eligibility for federal student aid.

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CFAA College Financial Aid Advisors

DECEMBER 8, 2023

Maximize Your Financial Aid By Understanding the New Student Aid Index One of the biggest updates to the FAFSA is the introduction of the Student Aid Index (SAI). Starting with the 2024-2025 FAFSA cycle, that will no longer be the case. This is a great improvement for families in this situation! Learn more here!

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CFAA College Financial Aid Advisors

OCTOBER 31, 2023

Access usually begins with filing a FAFSA. While most use the FAFSA (which comes live in December), some states do have separate applications. Federal Deadline Technically you do have until June 30 to submit the FAFSA, but many financial aid funds could be deleted by then.

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EAB

FEBRUARY 7, 2023

And considering we have I think this demographic cliff as we called it, where undergraduate enrollments are probably going to taper off around 2025, how do you think that might impact? So this is all part of the FAFSA Simplification Act, which as I said before, overturns the ban on Pell Grant eligibility for incarcerated people.

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EAB

FEBRUARY 21, 2023

And I'm also responsible for our growth strategy, Let's Get Ready is growing across the country, so we started with a strategic plan serving 13,000 students in 2021, and our goal is to serve 25,000 students by 2025. JS: Thank you, Jordan. JW: I guess, absolutely. JS: Yes, and then there's so much goodwill too. JW: Yes, oh, so much.

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College Planners of America

JANUARY 31, 2024

Education Department (ED) announced in December that the revised FAFSA would be initially released as a “soft launch” on January 1 and that it would only perform a data store-and-forward operation for data processing by the ED at some future point. As noted in a recent post, the U.S. billion in forgone Federal aid.

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