FAFSA Is Getting a Makeover, Here's What You Need to Know
The form that students and their parents use to apply for financial aid has been revamped for the 2024-25 school year.
Students at the Cornell University campus in Ithaca, New York, on April 11, 2023.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
The Free Application for Federal Student Aid is getting one of the biggest overhauls in decades — and the changes have the potential to dramatically alter the price some families pay for college.
The form — used by both students and their parents to apply for federal grants, loans and work-study arrangements — will be significantly shorter after the passage of the FAFSA Simplification Act, which was aimed at increasing access to aid for low-income families.