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FSA letter to higher education leaders – Get ready for the 2024-25 FAFSA and changes to Federal Student Aid

College Aid Services

The letter outlines several potential impacts that the changes could have at institutions that participate in Title IV programs.

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When Is the FAFSA Due? 3 Essential Deadlines

Student Loan Hero

The Free Application for Federal Student Aid (FAFSA) opens on Oct. Instead of waiting until a FAFSA deadline approaches, it’s a better idea to submit this important form as close to Oct. If you apply early, not only will you meet all the various FAFSA deadlines, but you might also get more financial aid for college. FAFSA FAQs.

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Jk Jk (The CARES Act Returns)

Moneyman

On April 21, the Department issues some FAQs related to the CARES Act at the same time as they issue the agreements for the institutional portion of the funding, and for the first time (in the answer to question 9) mention that students would have to be eligible for Title IV Financial Aid to be eligible to receive HEERF / CARES Grant funds.

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If it is on the Internet, it must be true (CARES Act update)

Moneyman

The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act. as of the 30-day Report and every 45 days thereafter).