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Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. This surprising announcement places a significant burden on FinancialAid Administrators and may cause further delays in granting aid to students.
FSA has notified institutions that it will suspend batch processing for the Common Origination Disbursement System (COD) as it makes important updates in preparation for the 2025-26 academic year. The outage is scheduled to occur from midnight to 11 a.m.
I created this CSS Profile: A Comprehensive Guide as a financialaid consultant with over 34 years of experience to help you. I have dedicated my career to helping families navigate the complex world of college financialaid. My goal is to ensure that your child receives the maximum financialaid possible.
Department of Education will implement additional updates to the COD System for the 2025–26 award year. These enhancements aim to support processing for various federal student aid programs, including the Federal Pell Grant, Iraq and Afghanistan Service Grant, TEACH Grant, Direct Loan, and Campus-Based programs.
If you’re planning on attending college and need financialaid, then filling out your Free Application for Federal Student Aid (FAFSA ) is an essential step. But its not just about submitting the FAFSA you need to be aware of the deadlines to make sure you dont miss out on the financial assistance you need.
Here are a few key things you should know to maximize your financialaid opportunities: Understand Dependency Status : Your dependency status determines if you need to provide parental information. Most students under 24 are considered dependent, and require their parents’ financial details.
How the FAFSA is Making FinancialAid 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? That’s a huge change!
Financialaid forms may seem overwhelming, but they’re your ticket to unlocking the financial support you need. For high school juniors and seniors, now is the perfect time to dive into financialaid terms – and build a better understanding of them all. But, that’s why I’m here at CFAA! The good news?
Receiving a financialaid offer can be both exciting and overwhelming for college-bound students and their families. While grants and scholarships provide much-needed assistance, loans often make up a significant portion of the aid package. Spots for the 2025-2026 school year are open and are going quickly.
Maximize Your FinancialAid By Understanding the New Student Aid Index One of the biggest updates to the FAFSA is the introduction of the Student Aid Index (SAI). The Student Aid Index is replacing the Expected Family Contribution, which was the amount a family would have to pay out-of-pocket for college expenses.
Whether your family is paying for part of your college degree, or you’re covering it all yourself, there’s a good chance you’ll need to rely on financialaid. 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!
As the gateway to federal financialaid 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. This year, in particular, has presented many students for families seeking aid for college.
There’s normal school work and extracurriculars, as well as the various deadlines for applications and financialaid. Yet, it’s important to track the deadlines so that you have the best chance of getting your financialaid application in – and then, the best chance of getting the maximum aid available to you.
Be Prepared for a Fast FinancialAid Application Cycle It’s a well known fact that the “early bird gets the worm” and as I’ve talked about often on the blog, the earlier you submit your financialaid paperwork, the better chance you have of more funding for college. What Does It Mean for the FAFSA This Year?
Updates to the FAFSA Have Delayed College FinancialAid for Millions The Free Application for Federal Student Aid (FAFSA) has undergone some major updates for the 2024-2025 application cycle. Financialaid offices will be working incredibly hard to complete their side of this equation for all of the students.
There’s paperwork to submit, essays to write, and financialaid applications to send in. The most important financial document that students will file with their families this fall is the FAFSA, the Free Application for Federal Student Aid. For the 2025-2026 application cycle, the FAFSA will come online in December.
A Soft Launch of This Year’s FinancialAid Application is Causing Frustration For months, parents, students, and financialaid experts alike have been waiting for the 2024-2025 FAFSA to go live. Let’s talk about what’s going on and how this impacts financialaid applications for students nationwide.
Many families often decide to skip the entire process together, even though it’s necessary to file in order to receive financialaid. However, with the release of the 2024-2025 FAFSA, families, students, and financialaid offices alike are hopeful that the once complicated application will be easier to complete and process.
The world of financialaid can be daunting, especially when it comes to understanding the Free Application for Federal Student Aid (FAFSA). But, due to recent changes in the form, this year’s FAFSA for the 2025-2026 school year will be available starting December 1st. Miss one and you could miss out.
From admission applications to financialaid forms, staying organized and aware of key dates is crucial when you’re applying for college. FinancialAid Deadlines The other major set of deadlines to pay attention to are the financialaid deadlines. Read more tips about completing the CSS Profile here!
What We Know About the New FAFSA and FinancialAid 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 financialaid for college. Families must consent to be able to receive financialaid.
You can complete the form to apply for financialaid to help pay for attendance at college between July 1, 2024, and June 30, 2025. How we Got Here Submission of the FAFSA is an essential step for all students seeking Federal, state, institutional, and private financialaid. This is the best-case scenario.
For Advisors: Transform transactional advising general information and onboarding orientation to systems, procedures, degree plan, resources to video, audio, and text resources in personally curated web resources by the Fall 2025 intake cycle for individualized flipped advisor guidance.
Transform transactional advising general information and onboarding orientation to video, audio, and text resources in flipped advising modules with digital assessments by the Fall 2025 intake cycle. . This action leaves advisors’ schedules open and available during critical availability timeframes. Measurement.
The bill also eliminates economic hardship and unemployment deferments beginning on July 1, 2025, and reduces the total period in which a borrower’s loan may be in loan forbearance. Subtitle A – Student Eligibility Under the proposed law, there will be major changes in how financialaid eligibility is calculated.
How to Update Your FinancialAid 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 financialaid eligibility.
Federal Student Aid (FSA) has announced an upcoming live webinar titled “General Q&A Session,” scheduled for Wednesday, June 4, 2025, from 1:00 to 2:00 p.m. Eastern Time.
Application season for financialaid is rapidly approaching. Here are key actionable steps to prepare for the 2025 season. Communicate Early and Often: Early Announcement: Communicate the January 2025 SSS application deadline prominently on your school website and financialaid resources.
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