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?

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CFAA College Financial Aid Advisors

SEPTEMBER 9, 2024

Financial aid 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 financial aid terms – and build a better understanding of them all. But, that’s why I’m here at CFAA! The good news?

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CFAA College Financial Aid Advisors

JUNE 17, 2024

Receiving a financial aid 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.

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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). Now, the SAI will help colleges and universities determine how much funding a student can receive. Learn more here!

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The College Pod

JUNE 8, 2024

The Student Aid Index (SAI) is an essential concept in the world of financial aid for college. It replaced the Expected Family Contribution (EFC) starting with the 2024-2025 Free Application for Federal Student Aid ( FAFSA ). What Is the Student Aid Index? What Is the Student Aid Index?

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CFAA College Financial Aid Advisors

FEBRUARY 19, 2024

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 financial aid. 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!

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Scholarship America

MAY 15, 2023

Updated May 2023 Students who receive financial aid may have an unexpected bill to pay—a tax bill. While most scholarship awards are not taxed, there are a number or circumstances in which they can be, and many students and parents may not know the details. What about student loan repayments and forgiveness?

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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. This year, in particular, has presented many students for families seeking aid for college.

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CFAA College Financial Aid Advisors

DECEMBER 1, 2023

Updates to the FAFSA Have Delayed College Financial Aid for Millions The Free Application for Federal Student Aid (FAFSA) has undergone some major updates for the 2024-2025 application cycle. Unfortunately, many families and students are wondering exactly where the FAFSA is. Still Want More Help?

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CFAA College Financial Aid Advisors

OCTOBER 23, 2023

There’s normal school work and extracurriculars, as well as the various deadlines for applications and financial aid. It’s a lot for any student to keep track of. With that in mind, here’s a few deadlines to track for your financial aid and college applications. Access usually begins with filing a FAFSA.

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CFAA College Financial Aid Advisors

NOVEMBER 19, 2023

Be Prepared for a Fast Financial Aid 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 financial aid paperwork, the better chance you have of more funding for college. What Does It Mean for the FAFSA This Year?

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CFAA College Financial Aid Advisors

OCTOBER 21, 2024

There’s paperwork to submit, essays to write, and financial aid 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. You may never know what aid your student can receive!

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CFAA College Financial Aid Advisors

JANUARY 9, 2024

A Soft Launch of This Year’s Financial Aid Application is Causing Frustration For months, parents, students, and financial aid 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 financial aid applications for students nationwide.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

Many families often decide to skip the entire process together, even though it’s necessary to file in order to receive financial aid. However, with the release of the 2024-2025 FAFSA, families, students, and financial aid offices alike are hopeful that the once complicated application will be easier to complete and process.

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CFAA College Financial Aid Advisors

OCTOBER 14, 2024

The world of financial aid can be daunting, especially when it comes to understanding the Free Application for Federal Student Aid (FAFSA). This form is one of the most important for students and families to file, if not the most important form to be completed. Miss one and you could miss out.

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CFAA College Financial Aid Advisors

AUGUST 26, 2024

From admission applications to financial aid forms, staying organized and aware of key dates is crucial when you’re applying for college. Financial Aid Deadlines The other major set of deadlines to pay attention to are the financial aid deadlines. Read more tips about completing the CSS Profile here!

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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. Families must consent to be able to receive financial aid.

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College Planners of America

JUNE 13, 2025

Title III of the legislation contains the Committee on Education and Workforce’s proposed changes to the Department of Education’s (ED) student aid programs, including Pell Grants, student loans, and the aid eligibility formula. The bill establishes new annual and aggregate loan limits for borrowers.

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College Planners of America

MAY 7, 2025

A Parent PLUS Loan (PPL) is a Federal student loan program that helps parents finance their dependent children’s college education, making it a vital resource for families facing rising college costs. Direct Federal loans have better interest rates and terms than PPLs, but are limited in the amount that may be borrowed.

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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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Student Loan Hero

NOVEMBER 22, 2022

Student loan forgiveness can wipe out part or all of your student loan debt. The big news on the student loan forgiveness front is that the federal government plans to forgive up to $10,000 in federally held student debt, or up to $20,000 if you previously received a Pell Grant. ( See more below ).

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College Aid Services

JANUARY 10, 2025

Update on January 10, 2025: We are providing an update on the implementation of the National Student Loan Data System (NSLDS) post-screening function for the 2024-25 FAFSA cycle. In July, the Department indicated that post-screening functionality would be available by the end of 2024.As

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College Aid Services

MARCH 31, 2025

Below is a breakdown of the key details that institutions need to know about this update: Latest FSA Updates March 28, 2025:An updated set of National Student Loan Data… More NSLDS Post-Screening Eligibility Changes Files Now Ready for Download in TG Mailbox (March 2025 Update) The post NSLDS Post-Screening Eligibility Changes Files Now Ready (..)

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College Aid Services

MAY 5, 2025

Department of Education has announced that the National Student Loan Data System (NSLDS) will resume its automated post-screening functionality for the 202425 and 202526 FAFSA cycles during the week of May 5, 2025.

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Diverse: Issues in Higher Education

MARCH 15, 2024

Jaylon Herbin The “loan origination” fee for a federal student loan, for example, can range from 1% for undergraduate loans to 4% for graduate and parent loans — potentially adding hundreds or thousands of dollars to students’ debt.

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