Federal Student Aid : FAFSA Simplification
FAFSA Simplification and Changes 2024-2025
The FAFSA Simplification Act impacts the 2024-25 FAFSA form, federal need analysis, and requires modification of policies and procedures for schools that participate in federal student aid programs. The FAFSA will be streamlined with fewer questions and new terminology will be added. A Student Aid Index (SAI) replaces the Expected Family Contribution (EFC) and expands Pell Grant eligibility and a reduction in verification. Tax information will populate the FAFSA with a Direct Data Exchange (FA-DDX) of federal tax information (FTI) and replaces the Data Retrieval Tool (DRT). The FSA ID will still be used to electronically sign a completed FAFSA. The 2024-25 FAFSA will be available in December 2023 (for this year only).
What Can You Do Now?
Complete the CSS Profile Application for 2024-25 and review other items needed to apply for financial aid as a first-year or renewal applicant.