FAFSA Simplification Act
The U.S. FAFSA Simplification Act involves a significant overhaul of the processes and systems used to award federal financial aid to students, beginning with the 2024-25 award year. Read on to learn more, and check back often, as we will update this information whenever more details become available.
Impact and Benefits
- The FAFSA is getting a makeover with the hopes of making it even easier for students and their families to submit.
- There will be fewer questions on the FAFSA to answer, and fewer requirements overall, and your tax information will be retrieved through a direct data exchange with the IRS.
- The U.S. Department of Education also estimates that there will be an increase in the number of students eligible to receive the federal Pell Grant.
The 2024-25 FAFSA has been delayed and will not be available until sometime in December 2023. Check back here often to see updates as they become available.
Federal Student Aid (FSA) ID
Beginning with the 2024-25 FAFSA, all users/contributors must have an FSA ID and password to fill out the FAFSA, even those who don’t have a Social Security Number (SSN). Those without a SSN, however, cannot yet create an FSA ID. We expect this access to become available around the same time the FAFSA is released. Processing your FSA ID can take up to 5 business days, so we recommend creating it at least a week before you start your FAFSA.