Federal Student Aid Changes 2024–2025
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Starting with the 2024‐2025 school year (Fall 2024, Spring 2025, & Summer 2024), students and families will see a different measure of how their financial aid eligibility is calculated. The Loan Simulator helps you calculate federal student loan payments and choose a repayment plan that aligns with your financial goals. A new version of the federal student aid application (FAFSA) is now available to all college applicants for the 2024-2025 school year.
Important FAFSA Changes for 2024-2025

Today, the U.S. Department of Education’s (the Department) office of Federal Student Aid (FSA) published the Better FAFSA Better Future Roadmap (Roadmap), an In particular, the changes to the federal student loan and Pell Grant programs would, on net, decrease federal costs significantly. Pay-As
A student’s COA is the sum of allowances for expenses in the categories listed below. As we explained in the 2023-2024 FSA Handbook, the FAFSA Simplification Act How the 2024 2025 ACADEMIC FAFSA Simplification Act Affects You **PLEASE NOTE ALL INFORMATION DISCUSSED ON THIS PAGE APPLIES TO THE 2024–2025 ACADEMIC YEAR** The FAFSA Federal Student AidLoading
En español Higher education opens doors to opportunity. The U.S. Department of Education is making transformational changes to the Free Application for Federal Student Aid (FAFSA®) The FAFSA Simplification Act The FAFSA Simplification Act changes the methods and procedures used to determine federal student aid eligibility beginning in the 2024-25 academic Introduction This guide is intended for college financial aid administrators and counselors who help students with the financial aid process—completing the Free Application
For federal aid, submit your application as early as possible, but no earlier than December 2023. ALL INFORMATION DISCUSSED ON We must receive your application no later than June 30, 2025. Your college must have your
The Free Application for Federal Student Aid (FAFSA) 2024-25 opened on December 31, 2023. That year, the Department of Education made several changes in the FAFSA to make federal
Changes for 2024-2025 Volume 8 was new to the Federal Student Aid Handbook for 2023-2024. We have made the following changes for 2024-2025:
The Federal Work-Study Program
The new FAFSA for 2024-25 is now open, with a redesign mandated by the FAFSA Simplification Act. Here are 10 key changes you need to know about the form, which
Direct Subsidized Loans and Direct Unsubsidized Loans have annual loan limits that vary based on the student’s grade level and (for Direct Unsubsidized Loans) dependency Federal Student Aid has published and updated several portions of the 2024-2025 This volume Federal Student Aid Handbook. What has changed so far? Volume 5 – Withdrawals and the Under both the White House’s budget proposal and House Republicans‘ reconciliation bill, students‘ access to financial aid through the Pell Grant is at risk.
Get more details about the changes being implemented to the 2024-2025 FAFSA. Introduction This volume of the Federal Student Aid (FSA) changes being implemented to the Handbook discusses the academic calendar, payment period, and disbursement requirements for awarding aid under the Title IV
Stay informed about federal student aid updates and court actions affecting income-driven repayment plans.
Apply for a Parent PLUS Loan to help cover your child’s educational expenses and manage your loan application through Federal Student Aid. Posted Date February and House Republicans reconciliation bill 28, 2024 Volume 1 – Student Eligibility Volume 1 – Student Eligibility [2024-2025 Federal Student Aid Handbook] is presented as a master PDF file,
FY 2025 BUDGET PROPOSAL The Federal student aid programs provide grant, loan, and work-study assistance to help students afford a postsecondary education, find employment in Welcome The 2025-2026 Federal Student Aid Handbook consists of the Application and Verification Guide, nine numbered volumes, and appendices.
Annual and Aggregate Loan Limits
There were no major regulatory changes or updates to Volume 5 in the 2024-25 award year Federal Student Aid Handbook. Throughout Chapter 1 and Chapter 2, R2T4 Learn about FAFSA deadlines and how to apply for federal student aid.
Expanded Access to Federal Student Aid The FAFSA Simplification Act extends Federal Pell Grants to more students and links eligibility to family size and the federal poverty level. This
Apply for a Federal Direct Grad PLUS Loan to cover education costs not met by other financial aid. The rollout of the 2024-2025 Free Application for Federal Student Aid, known as the FAFSA, was plagued with challenges and delays. This volume of the Federal Student Aid Handbook discusses the eligibility requirements for student and parent borrowers and your responsibilities to ensure that
This volume provides the information that schools need to administer those programs. Throughout the Federal Student Aid Handbook we use “college,” “school,” and The changes to the FAFSA form represent the most ambitious and significant redesign of the processes to apply for federal student aid and the formulas used to determine
Learn about federal student aid, which can help you pay for college. Use the Free Application for Federal Student Aid (FAFSA) to apply.
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