As a result, more households could receive more aid. Before FAFSA simplification: A family’s need was calculated using the Expected Family Contribution (EFC). The EFC incorporated income and ...

The FAFSA Simplification Act introduced significant changes to the financial aid formula, eliminating the sibling loophole, small business exclusion, and asset protection allowance. Despite these ...

Changes in how students complete the application. Changes in eligibility calculation. Extended FAFSA simplification timeline. Updated language associated with Cost of Attendance (COA) Provided ...

Finetti closely watched the role out of the FAFSA Simplification Act, its problems and now success as students are now able to complete the new financial aid form without all the malfunctions that ...

But due to the bipartisan FAFSA Simplification Act passed in 2020, families are seeing major changes on the 2024-2025 form. One major change is replacement of the expected family contribution ...

The FAFSA Simplification Act is an initiative by the United States Department of Education to make applying for federal student aid easier for students. It is the first major redesign of the FAFSA ...

Congress passed the FAFSA Simplification Act in late 2020, giving the Department of Education (ED) a clear mandate to truncate the Free Application for Federal Student Aid (FAFSA) form for current ...

In 2020, Congress passed the FAFSA Simplification Act — a bill that aimed to simplify the process of applying for federal financial aid for college. But the Biden administration botched the ...

Students at a workshop for help with their FAFSA form in Washington on March 16. (Sarah L. Voisin/The Washington Post) It’s a depressingly familiar Washington story: A well-meaning update of a ...

These changes are part of the FAFSA Simplification Act and should benefit most families, but some households could see their eligible aid decrease significantly. » MORE: New 2024-25 FAFSA ...

These changes are a result of the FAFSA Simplification Act, passed by Congress in 2020, and became effective in the 2024-2025 award year. While the application form has been simplified and eligibility ...