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FAFSA Simplification

The FAFSA is changing for 2024-25

The Free Application for Federal Student Aid (FAFSA) is your annual application for financial aid and determines whether you qualify for grants, work-study, loans, and some scholarships. The 2024-25 FAFSA determines your financial aid eligibility for the fall 2024, spring 2025, and summer 2025 terms.

  • Create your FSA ID and assist your contributors in creating their FSA ID.
    • If you have filed before, you will already have an FSA ID.
  • File the FAFSA at

Key Changes to the FAFSA

Major changes to the 2024-25 FAFSA required by law include the following:

  • The FAFSA is introducing the new term contributor, which refers to anyone who is required to provide information on a student's FAFSA form, including the student, the student's spouse, a biological or adopted parent, or the parent's spouse. Being a contributor does not imply responsibility for the college costs of the student.
  • Replacing the Expected Family Contribution (EFC) with the Student Aid Index (SAI). You may notice a different measure of your ability to pay for college. The new formula allows a minimum SAI of -1,500 and implements separate eligibility determination criteria for Federal Pell Grants.
  • Modifications to Family Definitions in FAFSA Formulas. Expect changes in how your family size is determined (rather than household size), aligning more with what is reported on tax returns.
  • Streamlining the FAFSA Form. The federal government will use data directly from the IRS to calculate the Student Aid Index. The direct data exchange will allow the necessary financial information contributors to consent to providing the data separately.

Other Changes to the FAFSA

Some changes may not affect all students, but may impact your eligibility:

  • The new Student Aid Index (SAI) will no longer use the number of students in college in the eligibility formula. This may reduce need-based aid eligibility for current students with siblings in college.
  • Applicants will be asked to report the net worth of all small business(es)/farm(s), regardless of the size. The net worth will no longer be excluded for families with fewer than 100 full-time employees.
  • Parents without a Social Security Number (SSN) will be able to apply for a Federal Student Aid ID (FSA ID). This will allow students with parents who do not have an SSN to submit their FAFSA online rather than having to print, sign, and mail in their application.

What is Not Changing?

The following federal financial aid requirements, rights, and responsibilities have not changed or had only minor updates:

  1. The FAFSA remains required annually for federal aid consideration and is available to U.S. Citizens or Eligible Non-Citizens. Create a Federal Student Aid ID (FSA ID) and complete your FAFSA at
  2. The FAFSA form will still utilize prior-prior year tax information. Families that have significant reductions in income due to extenuating circumstances can still request a review of special circumstances.
  3. Federal education loan requirements remain the same.
  4. Student rights and responsibilities have not changed.

FAFSA Simplification FAQ:

Need help or additional information?

Email the Financial Aid Office at or call (402) 844-7285 or schedule an appointment.