The FAFSA and CASFA are Delayed…Here’s What You Need to Know
For the first time in nearly four decades, the Free Application for Federal Student Aid (the FAFSA) and the Colorado Application for State Financial Aid (the CASFA), will undergo major transformations expected to improve and streamline the application processes for millions of learners and their families. Some of the changes include:
A new Student Aid Index (SAI), which replaces the Expected Family Contribution (EFC)
Expansion of federal Pell grant eligibility
Automatic population of federal income tax data from the Internal Revenue Service (IRS)
More details about the school’s cost of attendance (COA)
But, while there are a myriad of changes for students, families and even those in higher education, the rollout of the improved forms are delayed until December 2023.
Maintaining Progress Despite the Delayed FAFSA
The delay in the 2024-25 Free Application for Federal Student Aid could have significant ramifications for historically underserved students. With less time than usual to complete the form, state agencies, school districts, institutions, and school and college access counselors should plan accordingly to assist all students in completing the form on time.
To support this work, National College Attainment Network (NCAN) and NCAN member uAspire, developed a statewide toolkit containing action steps, state-specific information, strategies, and templates to help make it easier to transition to the new FAFSA form and process. The materials contained here are helpful to those who provide training.
The Financial Aid Toolkit provides federal student aid information and outreach tools for counselors, college access professionals, nonprofit mentors, and other advisors.
- Students and Families