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Financial Aid Alert

Urgent! Don't miss the financial aid priority deadline: July 15.

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What is FAFSA?

Steps to complete the 2024-2025 FAFSA:

Create an appointment with our Financial Aid staff! We are happy to help!

2024-2025 FAQ Section

What changes have happened to the 2024-2025 FAFSA?

List of changes:

  • The number of questions on the FAFSA has decreased from over 100 to approximately 36.
  • Parent’s, stepparents, and spouses are now called contributors on the 2024-2025 FAFSA form
    • Each contributor for a student that needs to provide information on the FAFSA is required to create an FSA ID account
  • The FAFSA will no longer provide an EFC (Expected Family Contribution) but will provide a Student Aid Index (SAI).
    • Your SAI will be calculated based on the financial information provided on the FAFSA. Federal Pell Grant and other federal and state aid eligibility will be determined based on the Student Aid Index (SAI). SAI can be a negative number.
  • Students can list up to 20 schools on their FAFSA via the online application.
  • The FAFSA now integrates directly with the IRS to import federal tax information onto the FAFSA form. To utilize this option, students and contributors will give consent to IRS to import federal tax information.
    • This consent will allow the IRS to share Federal Taxpayer Information (FTI) with schools listed on the FAFSA.
  • Students, spouses, parents, and stepparents will now need to provide their consent on the FAFSA in the new Consent to Retrieve and Disclose Federal Tax Information section of the FAFSA for federal student aid eligibility.
  • The definition of family size (formerly household size) has changed to align with the number of individuals reported as dependents on the applicant’s (if independent) or applicant’s parents’ (if dependent) U.S. Federal tax return. Applicants may update their family size if it changes after filing the tax return.
  • If any party to the FAFSA form does not provide consent, submission of the form will still be allowed. In addition, a Student Aid Index (SAI) will not be calculated, and the student will not be eligible for Federal Student Aid.

How do I create an FSA ID account?

  • Make sure to know your and contributors Social Security Numbers & Date of Birth
  • You will go to https://studentaid.gov/fsa-id/create-account/launch and click on Get Started (accounts are for each individual to contribute to the FAFSA for a student.). Follow the onscreen instructions.
  • Once your account is created, click on COMPLETE THE FAFSA FORM
    • Select the 2024-2025 FAFSA and follow the on-screen instructions
  • Contributors without SSN
  • For contributors (parents, spouse) without SSNs, physical signature pages are not an option for the 2024-2025 FAFSA as they have been in the past. Each contributor must create an FSA ID account. After attempting to set up the FSA ID, the person without a SSN will need to call the Federal Student Aid Information Center (1(800)433-3243) to be assigned a case number and instructions on how to verify their identity.
  • When will colleges receive 2024-2025 FAFSA results and award students for the academic year 2024-2025?
    • On January 30, 2024, nationwide institutions were notified that the 2024-2025 FAFSA would not be received until early March 2024. This deadline is subject to change. Therefore, awards will not be issued to students until May 2024.
  • What taxes are needed for the 2024-2025 FAFSA?
    • 2022 taxes. Find out what contributors' information is needed based on the table below:
This table shows whose tax information needs to be provided based upon marital status.
Marital Status Whose Tax Information Provided
Parents Married/Not Married, Living Together Both parents
Parents Divorced/Separated/Not remarried Parent who provides highest portion of student's financial support
Parent(s) deceased a.) If either parent is deceased, the surviving parent’s information as single parent unless remarried
b.) Both parents deceased, student is independent. No parent information provided
Parent’s Remarried (as of the day of completing the FAFSA) Biological and stepparent (even if they filed separate Federal tax returns)
Single Parent not divorced/separated Individual single parent tax information

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