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5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

This change is designed to improve accessibility for all students and reduce barriers to financial aid. Elimination of the Expected Family Contribution Perhaps the most significant change for students and families is the replacement of the Expected Family Contribution (EFC) with the Student Aid Index (SAI).

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Early Action: Gain Admission to College Early Without Financial Aid Pressure

CFAA College Financial Aid Advisors

While this varies by school, some institutions may view Early Action applicants as more serious about their institution because they’re applying early, and they may accept a higher percentage of those students. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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How to Advocate for More Aid: A Student’s Guide to Appealing Financial Aid Offers

CFAA College Financial Aid Advisors

For students heading to college, there is an immense pressure that comes with managing academic responsibilities and trying to determine how to pay for school. For many, financial aid is crucial to making higher education accessible. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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Budgeting 101 for First-Year College Students

CFAA College Financial Aid Advisors

Take some time to figure out all the money you’ll have access to. From completing the FAFSA and completing the CSS Profile to reviewing the SAR, responding to requests for verification, comparing financial aid offers and understanding student loan options, Jodi is a fantastic resource when it comes to student financial aid.

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Summertime Financial Aid Prep for Busy Students and Families

CFAA College Financial Aid Advisors

Gather key financial documents like tax returns and income statements, and make sure you and your parents each have an FSA ID for FAFSA access. It’s also a great time to research college-specific financial aid deadlines, as some schools require early action on forms like the CSS Profile. You can create that now!

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How to Make College More Affordable: Why Early Financial Aid Planning Matters

CFAA College Financial Aid Advisors

For example, a student who receives a combination of grants and scholarships could end up paying only a fraction of the total tuition. By submitting the FAFSA early, you unlock access to federal grants that can lower costs right off the bat. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.

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Stay Ahead This Summer: Smart Financial Aid Moves for Students and Families

CFAA College Financial Aid Advisors

Early preparation can mean better access to aid, as much of it is first come, first serve. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. The new system will pull tax documents, but it still useful to have your previous returns on hand to ensure the correct numbers have been pulled.