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Yes. The Department of Education began releasing data from completed FAFSA forms in April of 2024, which means students who successfully submitted their FAFSA forms can expect to begin receiving their financial aid offers very soon.

For the past several years, the FAFSA has been available starting on October 1 for students to submit for aid that they will be using the following school year. On January 30, 2024,听the U.S. Department of Education announced that universities would not be receiving FAFSA applicant information until at least March of 2024. In actuality, the data did not begin to be released until April. This means that even students who had been able to submit their FAFSA did not have their data transmitted to their intended colleges until this more recent release of information.

The FAFSA has historically been lengthy, so the Department of Education (DOE) recently made major changes to simplify it (as was required by Congress). Several of these changes should make completing the FAFSA faster and easier, both for students who are applying for aid for the first time and for those who are reapplying for aid. These changes to the form have resulted in a delay in the launch of its finalized version.

A 鈥渟oft launch鈥� of the updated form was released on December 30, 2023. Students may submit their FAFSA using this form, however, the form has experienced some technical difficulties and not all students who have tried have been able to finalize and submit their forms. Now that data is being released from the Department of Education to colleges, you should hopefully encounter less errors.

• Length: The new FAFSA will be considerably shorter. The simplified form is only about 30 questions (down from about 100).听
• Tax Information: The form will rely almost exclusively on information from a family鈥檚 tax information from the prior-prior year. The answers to several questions may be populated automatically using your and your parents鈥� federal tax data, meaning you may not need to enter this information manually. 听See the breakdown of tax years here.
  Pro Tip: It鈥檚 still a good idea to keep your tax forms on hand for backup documentation, and to more easily verify that the pre-populated data is correct.
• You’ll See SAI instead of EFC: The term Expected Family Contribution (EFC) is being phased out. Going forward, you will see the term Student Aid Index (SAI) used as a factor in determining your financial need. (Note that the SAI is calculated differently than the EFC, though both have a similar goal.)

The English and Spanish versions of the new FAFSA have a tool that can give you an early estimate of your SAI and federal financial aid. This means that after submitting the FAFSA, you may be able to estimate your federal financial aid award and your SAI. It鈥檚 important to note that this estimate refers only to the federal aid for which you may qualify.听

Your official, personalized financial aid offer will not be able to be generated by any college until the Department of Education releases FAFSA data (which is expected to be sent out in stages, with an estimated timeframe beginning sometime in March). Once your data is received, it needs to be processed by each college鈥檚 financial aid system. At 熟女人妻, we are working diligently to have our systems prepared for this data, though we cannot estimate processing speed at this time.

Important! Non-need-based aid, such as scholarships earned by academic merit, do not require FAFSA data. These scholarships each have their own award timelines as to when you will be notified if you qualify. All of these scholarships can be applied directly to your 熟女人妻 Cost of Attendance.

Not necessarily! While many scholarships generally prefer for you to have a FAFSA on file, this year, many are not requiring it for application submission.听

• For example, scholarships earned according to academic merit, performance, athletics, or other non-need-based factors do not require FAFSA data. You may apply for these scholarships now, and apply the awarded funds directly to your 熟女人妻 Cost of Attendance.
• Once 熟女人妻 receives your FAFSA data, we will automatically award you any additional need-based aid for which you qualify (you won’t have to apply separately).
• Visit 熟女人妻.edu/scholarships to see the options available from 熟女人妻.

No. College savings plans are independent of the FAFSA. Contact a representative from the savings plan institution with any questions on how to apply these funds toward your 熟女人妻 Cost of Attendance.