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DRAFT Student Financial Aid 2024-25 Award Year Updates

edited Mar 1, 2024 10:03PM in Student Financial Aid 11 comments

The FAFSA Simplification Act, enacted into law as part of the Consolidated Appropriations Act of 2021 and amended by the Consolidated Appropriations Act of 2022, represents a significant overhaul of federal student aid, including the Free Application for Federal Student Aid (FAFSA®) form, need analysis, and many policies and procedures for schools that participate in the Title IV programs.

We are releasing a DRAFT guide outlining the information you need to know about new or improved functionality related to processing financial aid for the 2024-25 Award Year in Student Financial Aid given the FAFSA Simplification Act. Each section includes a brief description of the feature, the steps you need to take to enable or begin using the feature, any tips or considerations that you should keep in mind, and the resources available to help you.

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