The release of the 2024-2025 FAFSA will be delayed until December 2023 (exact date TBD). The delay is due to the implementation of changes required by the FAFSA Simplification Act. The 2024-2025 FAFSA is the application for need-based assistance and federal student loan programs for the summer 2024, fall 2024 and spring 2025 semesters. It is available to students who are US citizens or eligible non-citizens.
The delayed release for the 2024-2025 FAFSA is a one-time occurrence. We expect that future FAFSA releases (2025-2026 year and beyond) will return to an October 1 release date. When the exact release date for the 2024-2025 FAFSA is known, an update will be provided.
The changes include modifications to the formula that calculates the Student Aid Index (SAI) (previously known as the Estimated Family Contribution, or EFC). We anticipate that some students’ financial aid eligibility for 2024-2025 will be impacted by these changes. Therefore, we encourage students to use the Federal Student Aid Estimator (available now) to determine how their estimated Student Aid Index (SAI) for 2024-2025 compares with their Estimated Family Contribution (EFC) for this current year (2023-2024).
The Financial Aid Office is committed to helping students understand and plan for any changes in their financial aid eligibility.
— Ryan Zantingh, Director of Financial Aid