What is Changing in the FAFSA?
- Student Aid Index (SAI):ÌýWith the 2024–2025 FAFSA, the term "Expected Family Contribution" (EFC) will be replaced with the "Student Aid Index" (SAI). This is a new need analysis formula that we will use when awarding need-based grants (such as the Federal Pell Grant and the Federal Supplemental Educational Opportunity Grant) and scholarships.
- Streamlined application:ÌýYou’ll notice fewer questions when completing the 2024–2025 FAFSA and there will be an easier way to transfer your income tax information directly from the IRS. You'll just need to give your consent for the transfer of data.
- Contributor and consent:ÌýYou’ll notice a few new terms like contributorÌý(anyone who is asked to provide information on the FAFSA, a student spouse or parent, for example) and consent (each contributor will need to consent to their information being included on the FAFSA).
- FSA ID:ÌýStudents, spouses, and parents (if a dependent student) are required to register for an FSA ID. This should be done before you intend to file the FAFSA.
- Tax/income data:ÌýBeginning with the 2024–2025 FAFSA,Ìýall contributors listing tax information on the FAFSA mustÌýprovide consent to use the Direct Data Exchange (DDX), which will transfer tax information directly from the IRS. The DDX eases the process andÌý reduces the number of questions you need to answer. If all contributors do not provide consent, your eligibility for federal student aid will not be calculated.Ìý
- Housing status:ÌýThis year’s FAFSA will not feature a question about a student’s housing status (i.e., living with or away from parents). This is a critical piece of data for calculating your aid eligibility, so we are taking steps to ensure we confirm this information accurately. For continuing students, we plan to use your current year housing status. There will be a way to submit updates if your housing status has changed from the 2023–2024 aid year. New students will have an assumed housing status based on their dependency status or military residency. There will be a way for you to update your housing status, if needed.
What is Remaining the Same?
- The FAFSA will remain required for federal aid consideration and will continue to be used for institutional and state aid determination.
- The FAFSA remains an annual application that continuing students will need to complete each year.
- Dependency status questions that determine if your parents complete the FAFSA with you remain the same.
- The FAFSA will request tax information from the prior-prior year.