Patience, all - update on 2024-25 FAFSA

NASFAA Statement on 2024-25 FAFSA Launch Date. The FAFSA is expected to be ready for students to complete by December 31. The Department of Education has indicated that there may be a delay in delivering student information from the FAFSA to the school. This will delay the ability of schools to get aid evaluated and packaged, but they will work as quickly as they can.

What should you do?

Get ready in advance to the extent possible. Student and parent need to have their own studentaid.gov account in order to transfer information directly from the IRS (required) and to sign the FAFSA before submitting. Get that done now: Federal Student Aid. Already have an account? Make sure anyone in your family who already has an FSA account remembers their login information - by doing so now, you can get it resolved in advance if someone is unable to access their account.

Who is the “parent of record,” or FAFSA parent: NASFAA AskRegs: Who Is the Parent Of Record On the FAFSA Starting In 2024-25?.

Not sure how the process works for transferring tax information or who needs to provide information? https://financialaidtoolkit.ed.gov/tk/learn/fafsa.jsp#:~:text=Students%20or%20parents%20will%20invite,%2C%20SSN%2C%20and%20email%20address.

FAFSA changes overview: https://financialaidtoolkit.ed.gov/resources/fafsa-changes-overview.pdf.

This is helpful if you consider my post “tldr”: https://www.famemaine.com/wp-content/uploads/2023/03/FAFSA-Checklist-2024-25.pdf.

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