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Report: State Financial Aid Programs Show Varying Levels of Accessibility and Equity

Diverse: Issues in Higher Education

State financial aid programs across the country have varying levels of accessibility for students and plenty of room to improve, according to a recent report from The Education Trust. And on a per capita basis, Louisiana ($350 million) and Washington ($516 million) gave the largest grant aid amounts, according to the report.

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Higher Ed Officials Express Uncertainty Amid Further FAFSA Delays

Diverse: Issues in Higher Education

Greg Nayor In what has been another delay, ED announced last week that schools and agencies involved in financial aid will receive Free Application for Federal Student Aid (FAFSA) information – which they use to determine student total financial aid offerings – until the first half of March. It really does shorten things up quite a bit."

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U.S. Department of Education Announces Updates for New FAFSA Implementation

Diverse: Issues in Higher Education

Department of Education (ED) has updated how it calculates the amount of aid students will receive to be in full alignment with the FAFSA Simplification Act. Cardona said the update, the latest in ED’s 2024–25 Better FAFSA ® implementation, will not impact implementation timelines. Since the new 2024–25 FAFSA form became available Dec.

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CUNY to Launch FAFSA Completion Assistance Initiative Amid Tumultuous Federal Rollout

Diverse: Issues in Higher Education

Amid ongoing issues with the new Free Application for Federal Student Aid (FAFSA) form this year, the City University of New York (CUNY) is looking to help. 1, that faced several technical issues and limited windows of accessibility. The initiative is for students seeking financial aid for college this coming fall.

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Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. Coupled with the $400 increase in the 2022 fiscal year, this is the largest two-year increase ever in the history of the grant. With President Biden’s signature on Dec. Dr. Ivory A.

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New Analysis Shows Boost in Aid Eligibility from FAFSA Simplification

Diverse: Issues in Higher Education

When the FAFSA Simplification Act begins to take effect this July, it’s expected to significantly affect the process of applying for financial aid, making the paperwork less complex and altering the formula for eligibility. Lower SAI numbers will lead to a greater number of students being eligible for Pell Grants. At least 7.8%

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Department of Education: Inflation Adjustments Coming to 24-25 FAFSA

College Aid Services

Congress passed the FAFSA Simplification Act in 2020 to overhaul the application process for federal aid and expand students’ access to grant funding with a new analysis formula.

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