What you need to know about FAFSA changes for 2024

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The Free Application for Federal Student Aid (FAFSA) form will be available in December, not October.

The main change to the Free Application for Federal Student Aid form is that it will be available in December 2023 instead of October like in previous years. Here's what else you need to know about how the FAFSA has changed.form has undergone a complete overhaul this upcoming year. Here’s what you need to know about how the form for student aid has changed.

“They are still promising that it’s gonna be out in December, but we don’t know what day,” Jack Wallace, Director of Governance and Lender Relations at Yrefy, told NJ Advance Media.“It’s only gonna have one-third of the questions it used to have,” he said. “They’re going to be reducing it to a little over 100 questions to around 40 questions.”“Historically, the FAFSA application has only been available in English and Spanish. And this new application ...

Wallace said that 17.8 million people filed the FAFSA application in 2022, which was down from pre-pandemic levels of 21 million people but still above pandemic levels. The expected family contribution will also change. Those with more than one child in college will no longer have the benefit of more money for having more than one child in college at the same time.

 

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