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Department of Education announced this week that its Office of Federal Student Aid (FSA) will resume collections on defaulted federal studentloans beginning Monday, May 5, 2025, ending a pause that has been in effect since March 2020. The book is scheduled to be released in September 2025.
Talk to friends from the class of 2025: Think about your friends who just graduated from high school. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. They’re often overlooked and less competitive. Even smaller awards can help cover books, fees, or other random college costs! Not sure where to look?
For the 2024-2025 FAFSA, the federal deadline is June 30, 2025. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding studentloan options, Jodi is a fantastic resource when it comes to student financial aid.
You can read more about the Student Aid Index here ! A Contributor on the FAFSA: “Contributor” is a new term on the 2025-26 FAFSA form. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. Note that SAI is not a dollar amount but helps schools determine your financial aid eligibility.
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?
many students and families are left wondering how financial aid distribution will work for the 2024-2025 school year. 2024-2025 FAFSA Updates For the 2024-2025 college application cycle, the FAFSA will be open to students and family by December 31, 2023. Still Want More Help? Find out more in our blog!
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. You may never know what aid your student can receive!
As we wait, it seems like the perfect time to review changes to the 2024-2025 FAFSA that will help you maximize financial aid -and your time filling out the forms! As a reminder, the FAFSA gathers information about your financial needs so your student can be offered work-study, grants, and studentloans.
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. Right now, the best thing families and students can do is finish filing their FAFSA for the 2024-2025 year. What happens now?
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. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.
Federal studentloans typically offer more favorable terms, such as fixed interest rates and flexible repayment options, compared to private loans. Additionally, federal loans may qualify for income-driven repayment plans and loan forgiveness programs, providing valuable assistance post-graduation.
In the past years, families with more than one student in college received benefits. Starting with the 2024-2025 FAFSA cycle, that will no longer be the case. Families with several students in college at the same time will qualify for less aid overall. This is a great improvement for families in this situation!
But, due to recent changes in the form, this year’s FAFSA for the 2025-2026 school year will be available starting December 1st. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. Filing the FAFSA 101: In the past, the FAFSA was available in the fall.
If you want to read some of my tips to prepare for the 2025-2026 FAFSA, check out recent blogs here! Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. Filling out the FAFSA is easier than ever with online tools that guide you step by step.
The application for the 2025-2026 cycle should be online October 1, 2024. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding studentloan options, Jodi is a fantastic resource when it comes to student financial aid.
FAFSA (Free Application for Federal Student Aid): The FAFSA should open on October 1st of this year (2024-2025 application cycle was different because of the new changes). Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.
Here’s what we do know about the updated FAFSA and your student’s college financial aid process so far: Applicants will be able to pull data from their tax returns. An exciting new update for the 2024-2025 FAFSA is that you’ll be able to automatically retrieve income from your taxes and the IRS.
It is best to file as early as possible, which will be in December for the 2024-2025 application cycle. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for colleg Federal Deadline Technically you do have until June 30 to submit the FAFSA, but many financial aid funds could be deleted by then.
The 2024-2025 application cycle has been absolutely wild – so don’t take this year as an example of what the cycle is like. These delays are impacting all students, as they feel more rushed to make decisions about what to do – but low-income and first-generation students may feel this rush more deeply.
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, studentloans, and the aid eligibility formula. 1 was designed to rectify the government’s convoluted studentloan system and save $351 billion.
Department of Educations efforts to reduce studentloan burdens through the new SAVE repayment plan. In this post, we explain where things stand as of March 20, 2025 in the SAVE litigation. In Part 2, we break down exactly what the recent court orders mean for studentloan borrowers.
Department of Educations efforts to reduce studentloan burdens through the new SAVE repayment plan. As a result, borrowers options to manage their loans have changed repeatedly and often quite suddenly. This has been frustrating and confusing for people trying to manage their loans.
That means on the 2024-2025 FAFSA, numbers will be gathered from your 2022 tax return. Who We Are Jodi helps with the financial aid process, from completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding studentloan options.
Congress Suspends Debt Ceiling and Sets Spending Caps June 7, 2023 — by Diane Shust We must demonstrate to them the successes of our students, the needs of our programs, and the worth of increasing funding for Federal TRIO Programs. A complete recess schedule for both chambers of Congress is available here ).
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