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Friday, February 23, 2024

FAFSA simplification update

The Department of Education will not begin processing Free Application for Federal Student Aid (FAFSA) submissions and providing data to schools until Mid-March due to inflation adjustments in the Student Aid Index (SAI). They are anticipating that this delay will not impact the 2024-25 financial aid offer students receive this summer. Students can still complete the FAFSA form and expect an email from Federal Student Aid in mid-March acknowledging that their FAFSA has been processed.

One Stop Student Services will not be able to confirm the arrival of FAFSA information until April because of this delay. This is contingent upon software updates, implementation, and testing. Once One Stop receives this information, they will begin sending out estimated financial aid offers to new students in April. The Financial Aid timeline on the One Stop website will be updated as more information becomes available.

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