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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. According to the Department of Education, about six million students received Pell Grant funding in the 2020 – 2021 academic year. The total student loan debt reached $1.75

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

CFAA College Financial Aid Advisors

For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. With recent changes to the FAFSA process, it’s important to stay informed about whats going on. This can help to maximize your eligibility for aid and financial aid funding.

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What is Student Aid Index (SAI)?

The College Pod

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? A student's SAI could range from -1,500 to above 99,999.

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How to Close the Gap Between Financial Aid Offers and the Cost of College

CFAA College Financial Aid Advisors

Colleges use your completed FAFSA to determine how much your family would be expected to contribute. Any financial aid offer letters received will outline the amount of scholarships, grants, and loans you can expect. Make sure that you have documentation of any changes not reflected in your current FAFSA documents.

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The Pros and Cons of Parent Plus Loans

College Planners of America

Before applying for a PPL, the student must submit the FAFSA to the ED. The FAFSA becomes available online on October 1 every year (It was delayed for the 2024-25 school year only). Congress should continue to raise the Pell Grant for low-income students each year.

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The Pros and Cons of Parent Plus Loans

College Planners of America

Before applying for a PPL, the student must submit the FAFSA to the ED. The FAFSA becomes available online on October 1 every year (It was delayed for the 2024-25 school year only). Congress should continue to raise the Pell Grant for low-income students each year.

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Policy Update: “Better FAFSA” Opens in December 2023

Scholarship America

While the Free Application for Federal Student Aid (FAFSA) typically opens for applications on October 1, the application for the 2024-25 school year has been delayed until sometime in December—a delay that could have ripple effects on students, families and scholarship programs. Why is the FAFSA late?

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