![]() ![]() Borrowers will be notified before payments restart. If the program has not been implemented and the litigation has not been resolved by June 30, 2023, payments will resume 60 days after that. In the meantime, the pause on student loan payments and collections has been extended until 60 days after the Department of Education is permitted to implement the debt relief program, or the litigation is resolved. If you have already applied, your application will be held. As a result, applications are currently not being accepted. The studentaid mobile app is no longer available as of June 30, 2022, due to low consumer engagement.Ĭourts have issued orders to block the student debt relief program.That makes filing not only faster, but also more accurate. Whenever possible, use the the IRS Data Retrieval Tool (DRT) to automatically import information from the federal tax return into your FAFSA.Take advantage of the helpful tips and read questions, instructions, and definitions carefully. Don't rush! Any type of mistake, even an innocent typo, will cause a delay in processing.Use your legal name as it appears on your Social Security Card! Any deviation from that name will cause your FAFSA to be rejected.Have your FSA ID handy before you begin.The income threshold for an automatic zero Expected Family Contribution (EFC) increased from $27,000 to $29,000.ĭon't miss out by filing late! File as soon as possible at.Incarcerated students regain the ability to receive a Federal Pell Grant.Removal of questions pertaining to gender (male/female, #21), Selective Service (#22), and drug conviction (#23) as part of the FAFSA Simplification Act.You will use your (your parents') 2021 federal tax return information. Returning Filer? Changes to the 2023-24 FAFSA include: Get a head start on that process today by creating one here. If you don’t have an FSA ID by the time you fill out your FAFSA, you will be prompted to apply for one, but it may take one to three days before you receive it. It can also serve as your legal signature. The FSA ID is a username and password combination that gives you access to Federal Student Aid's online systems. If you are filing the FAFSA for the first time, get a head start by creating your account (FSA ID) ahead of time. New Filer? Get a Head Start by Creating Your Federal Student Aid Account Many scholarships require you to complete a FAFSA. Ĭompleting the FAFSA early will allow you to plan more efficiently. The sooner you apply, the better chance you have of receiving the maximum amount of funds. The Office of Student Financial Assistance encourages you to file your FAFSA as soon as it becomes available on October 1 each year: The 2023-2024 Free Application for Federal Student Aid (FAFSA) is now available at . The FAFSA determines your eligibility for grants, scholarships, loans, and work-study programs and is the essential first step in receiving financial aid from federal, state, and private sources. Division of Research and Economic Development. ![]()
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