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FAFSA Simplification Act
*NEW* 2024-2025 FAFSA Update (FAFSA Simplification Act)
The FAFSA Simplification Act was enacted by Congress as part of the Consolidated Appropriations Act of 2021. This
law reduces the number of questions students will have to answer on the form, makes
crucial changes to the Higher Education Act of 1965 to expand Pell Grant eligibility and removes outdated restrictions to make federal
student aid more accessible to all students.
For a full listing of changes for the 2023-2024 award year, please use this link.
Students are encouraged to login or create an account on studentaid.gov and be on the lookout for more information from Federal Student Aid. A communication
from the Department of Education has been sent to students and families of 2023-2024
FAFSA filers as of 9/29/2023.
2024-2025 FAFSA Release – December 31, 2023
Federal Student Aid (FSA) has announced that the 2024-2025 FAFSA will go live by December 31, 2023.
Along with the release date, FSA announced in it FAFSA road map that, while the application itself will be live, it will not being processing FAFSA forms submitted online until January 2024. Institutions (KSU) will begin receiving Institutional Student Information Records (ISIRs) by the end of January 2024.
FSA has indicated that once a student completes the online FASA, they will get a confirmation page that includes their estimated Student Aid Index (SAI) and Federal Pell Grant eligibility, along with a follow-up email.
FSA will begin processing paper FAFSAs in February 2024. Students will be able to make corrections once ISIRs are processed, while institutions will not be able to submit corrections until February.
2024-2025 Federal Student Estimator Tool
The Federal Student Aid Estimator provides students and families an estimate of their 2024-2025 federal financial aid
using the new Student Aid Index (SAI).
Please note: This is not a FAFSA. Students will need to complete the 2024-2025 FAFSA when it becomes available.
Federal Student Aid Webinars
Federal Student has released a series of videos related to recent changes in federal aid including the 20204-20205 FAFSA. You can view these videos on their YouTube channel.
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