Federal Student Aid (FSA) FAQ

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We’re here to help you understand your student loans and grants

To provide as much information as possible about FSA, we’ve compiled answers to a range of questions we hear frequently. For answers to specific questions, please don’t hesitate to contact Financial Services.

Looking for the 2024-25 FAFSA?

There are some changes for the 2024-2025 aid year.

New FAFSA changes for 2024-25

The FAFSA Simplification Act opens in new window is a significant revision of the process used to award federal financial aid beginning with the 2024-2025 aid award year. The Free Application for Federal Student Aid (FAFSA) form itself, the way need is assessed, and some procedures that schools employ in distributing aid have all changed. 

The 2024-25 FAFSA will be more user friendly with fewer questions. Among the other important changes required by law in the 2024-25 FAFSA:

  • The methodology used to determine aid
  • The formulas used to determine family size
  • Expanded access to Federal Pell Grant, including for students whose school closed while they were enrolled
  • A mandate to use data from the IRS, where possible

Visit the Federal Student Aid site opens in new window for more details about FAFSA changes and how they may affect you.

Budget wisely, save smarter

Your academic experience is an investment in your dreams. Learn how to budget and save to reach your educational goals and set yourself up for a brighter financial future. 

Check out our Financial Literacy and Wellness Center

Many students face financial stress balancing work, education and life. Explore our tools and resources to learn ways to manage your money with confidence.

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