{"id":36264,"date":"2023-06-14T19:08:01","date_gmt":"2023-06-14T19:08:01","guid":{"rendered":"https:\/\/mp.moonpreneur.com\/blog\/?p=36264"},"modified":"2024-07-19T05:10:44","modified_gmt":"2024-07-19T05:10:44","slug":"fafsa-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/mp.moonpreneur.com\/blog\/fafsa-all-you-need-to-know\/","title":{"rendered":"FAFSA- What You Need to Know?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"36264\" class=\"elementor elementor-36264\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-2708efa elementor-section-stretched elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"2708efa\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-365e51b\" data-id=\"365e51b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4e4dc8b elementor-widget elementor-widget-image\" data-id=\"4e4dc8b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"2560\" height=\"667\" src=\"https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-scaled.webp\" class=\"attachment-full size-full wp-image-36266\" alt=\"FAFSA: What You Need to Know?\" loading=\"lazy\" srcset=\"https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-scaled.webp 2560w, https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-300x78.webp 300w, https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-1024x267.webp 1024w, https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-768x200.webp 768w, https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-1536x400.webp 1536w, https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2023\/06\/free-application-for-federal-student-aid-2048x534.webp 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-5eaf97c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5eaf97c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-09478cd\" data-id=\"09478cd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b30c19 elementor-widget elementor-widget-text-editor\" data-id=\"7b30c19\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"color: #000000;\"><strong>Update: <\/strong>This article was last updated on 17th July 2024 to reflect the accuracy and up-to-date information on the page.<\/span><\/p><p>Are you worried about college expenses? Try an ultimate solution: the Free Application for Federal Student Aid (FAFSA)! It provides grants, loans, work-study programs, and more to pave your path to higher education without breaking the bank!<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-35e37bf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"35e37bf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a25fb73\" data-id=\"a25fb73\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d4fd7d elementor-widget elementor-widget-html\" data-id=\"6d4fd7d\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<html lang=\"en\">\n<head>\n    <meta charset=\"UTF-8\"\/>\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\"\/>\n    <style>\n        table {\n            width: 100%;\n            border-collapse: collapse;\n            margin: 20px 0;\n        }\n        th, td {\n            padding: 12px;\n            text-align: left;\n            border-bottom: 4px solid #e9edc9;\n        }\n        th {\n            background-color: #ffbf69;\n            color: white;\n        }\n        tr:nth-child(even) {\n            background-color: #fcbf3f0;\n        }\n        tr:hover {\n            background-color: #ffbf69;\n        }\n        caption {\n            caption-side: top;\n            font-size: 1.5em;\n            font-weight: bold;\n            padding: 10px;\n        }\n    <\/style>\n<\/head>\n<body>\n\n<table>\n    <caption>FAFSA Information 2024-25<\/caption>\n    <tr>\n    <\/tr>\n    <tr>\n        <td>The 2024\u201325 FAFSA form is now available.<\/td>\n    <\/tr>\n    <tr>\n        <td>Complete the form between July 1, 2024, and June 30, 2025.<\/td>\n    <\/tr>\n    <tr>\n        <td>Students without SSNs can also apply.<\/td>\n    <\/tr>\n    <tr>\n        <td>Approximately 7.3 million students from low-income backgrounds will be eligible to receive Federal Pell Grants.<\/td>\n    <\/tr>\n<\/table>\n\n<\/body>\n<\/html>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-1698da5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1698da5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c673c64\" data-id=\"c673c64\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d28c133 elementor-widget elementor-widget-text-editor\" data-id=\"d28c133\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>Let&#8217;s decode FAFSA and how you can turn your academic dreams into reality! <\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-aa4f93f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aa4f93f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d4c7ba5\" data-id=\"d4c7ba5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e580b68 elementor-widget elementor-widget-image\" data-id=\"e580b68\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"614\" src=\"https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2024\/07\/fafsa-all-you-need-to-know.webp\" class=\"attachment-large size-large wp-image-67206\" alt=\"FAFSA ALL YOU NEED TO KNOW\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-5721b32 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5721b32\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f00da8f\" data-id=\"f00da8f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e085ddc elementor-widget elementor-widget-text-editor\" data-id=\"e085ddc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>What Do You Need to Know About FAFSA?<\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-174c443 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"174c443\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1fcc2d6\" data-id=\"1fcc2d6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8412dc3 elementor-widget elementor-widget-text-editor\" data-id=\"8412dc3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"font-weight: 400;\">The first step is getting acquainted with the FAFSA. Here are the most crucial FAFSA facts, including modifications implemented by the FAFSA Simplification Act.<\/span><\/p><h4><b>Criteria:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">&#8211; Demonstrate financial need for need-based federal student aid programs<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Be a U.S. citizen or eligible non-citizen<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Have a valid Social Security Number (excluding students from specific countries)<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Enroll or be accepted in an eligible degree or certificate program<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Maintain satisfactory academic progress<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Students must provide consent and approval to have their federal tax information transferred directly into their 2024\u201325 FAFSA form if they\u2019re applying for aid from<\/span><span style=\"font-weight: 400;\"> July 1, 2024, to June 30, 2025.<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Sign certification statement on FAFSA form regarding federal loan\/grant status and purpose of aid usage<\/span><\/p><p><span style=\"font-weight: 400;\">&#8211; Demonstrate qualification for college or career school education<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-a81dfc4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a81dfc4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f2976f1\" data-id=\"f2976f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e0657a2 elementor-widget elementor-widget-text-editor\" data-id=\"e0657a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>What Do You Need to Know About FAFSA?<\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-66b1e3c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"66b1e3c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0e8b0c4\" data-id=\"0e8b0c4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-23d50bf elementor-widget elementor-widget-text-editor\" data-id=\"23d50bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"font-weight: 400;\">Students who are unmarried and younger than 24 should fill out the FAFSA with details regarding themselves and their parents. This includes details about the student\u2019s income and assets, as well as their parents\u2019 financial standing and assets. It is crucial to remember that the term \u201cparent\u201d in FAFSA only refers to legally recognized parents (biological, adoptive, or stepparents).\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Other people living with you are not considered parents unless they have formally adopted you.<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-e45208f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e45208f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4ea6565\" data-id=\"4ea6565\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5cc51f elementor-widget elementor-widget-text-editor\" data-id=\"e5cc51f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>FAFSA does not reveal the amount<\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-3c8f18a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c8f18a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-edfa89a\" data-id=\"edfa89a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-20c03c1 elementor-widget elementor-widget-text-editor\" data-id=\"20c03c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"font-weight: 400;\">The data you provide on your FAFSA is used for calculating your Expected Family Contribution (EFC), which colleges and universities use in assessing your eligibility for financial aid.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The EFC is a guideline, not a fixed amount to be paid. Your EFC, as documented in the Student Aid Report (SAR), will be sent to you one to three weeks after you file your FAFSA.<\/span><\/p><p><strong>Recommended Reading: <\/strong><a href=\"https:\/\/mp.moonpreneur.com\/blog\/university-of-washington-2\/\">ADMISSION PROCESS AT THE UNIVERSITY OF WASHINGTON<\/a><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-77278f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"77278f6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7994a6b\" data-id=\"7994a6b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4bd77a8 elementor-widget elementor-widget-text-editor\" data-id=\"4bd77a8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>File it online<\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-163cb03 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"163cb03\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2dd7996\" data-id=\"2dd7996\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-454890f elementor-widget elementor-widget-text-editor\" data-id=\"454890f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"font-weight: 400;\">To access the FAFSA form online, go to the Federal Student Aid website. It can be completed on a computer or mobile device, or print out a downloadable PDF version and submit it on paper.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">You must submit your and your parent\u2019s income tax returns two years before your intended college enrollment date to complete the FAFSA. For example, if you intend to start college in the fall of 2024, you will require tax data from 2022.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0The FAFSA has a data retrieval feature that integrates your tax information directly from the IRS website into your FAFSA application.<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-8888d0a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8888d0a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bc04521\" data-id=\"bc04521\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c33f40 elementor-widget elementor-widget-text-editor\" data-id=\"6c33f40\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <\/b><b>\u00a0CHANGES ARE COMING TO THE FAFSA<\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-8f108ec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8f108ec\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26ba88b\" data-id=\"26ba88b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e7bc6f elementor-widget elementor-widget-image\" data-id=\"1e7bc6f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"215\" src=\"https:\/\/mp.moonpreneur.com\/blog\/wp-content\/uploads\/2024\/07\/fafsa-update.webp\" class=\"attachment-large size-large wp-image-67207\" alt=\"FAFSA UPDATE\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-9abe9fc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9abe9fc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b0d8757\" data-id=\"b0d8757\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13ccad1 elementor-widget elementor-widget-text-editor\" data-id=\"13ccad1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><span style=\"font-weight: 400;\">The FAFSA <\/span><span style=\"font-weight: 400;\">Simplification Act<\/span><span style=\"font-weight: 400;\"> brings significant changes to the federal student aid system starting with the 2024-25 award year. Key updates include:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Replacing EFC with SAI<\/b><span style=\"font-weight: 400;\">: The Expected Family Contribution (EFC) is replaced by the Student Aid Index (SAI), changing how students&#8217; ability to pay for college is assessed. The new method removes the number of family members in college from the calculation, allows for a minimum SAI of -1500, and introduces separate eligibility criteria for Federal Pell Grants.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Changes to Family Definitions<\/b><span style=\"font-weight: 400;\">: The definition of family size in FAFSA calculations will now align more closely with what is reported on tax returns.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Expanded Access to Pell Grants<\/b><span style=\"font-weight: 400;\">: More students will qualify for Federal Pell Grants, with eligibility linked to family size and the federal poverty level. Incarcerated students in federal and state facilities will regain Pell Grant eligibility. Lifetime eligibility for Pell Grants will be restored to students if their school closed or misled them.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Simplified FAFSA Form<\/b><span style=\"font-weight: 400;\">: The FAFSA form will be streamlined by using IRS data to determine Pell Grant eligibility and SAI, thanks to the FUTURE Act. Questions about Selective Service registration and drug convictions will be removed, while new questions about sex, race, and ethnicity, which do not affect aid eligibility, will be added.<\/span><\/li><\/ol>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-ff5ff2b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ff5ff2b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f672f38\" data-id=\"f672f38\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b77533c elementor-widget elementor-widget-text-editor\" data-id=\"b77533c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<h3><b>The Nitty Gritty of Filling Out the FAFSA Form<\/b><\/h3>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-43b23f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43b23f6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fb2265d\" data-id=\"fb2265d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-709c024 elementor-widget elementor-widget-html\" data-id=\"709c024\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n    <meta charset=\"UTF-8\"\/>\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\"\/>\n    <style>\n        table {\n            width: 100%;\n            border-collapse: collapse;\n            margin: 20px 0;\n        }\n        th, td {\n            padding: 12px;\n            text-align: left;\n            border-bottom: 3px solid #e9edc9;\n        }\n        th {\n            background-color: #4CAF50;\n            color: white;\n        }\n        tr:nth-child(even) {\n            background-color: #f2f2f2;\n        }\n        tr:hover {\n            background-color: #4CAF50;\n        }\n        caption {\n            caption-side: top;\n            font-size: 1.5em;\n            font-weight: bold;\n            padding: 10px;\n        }\n    <\/style>\n<\/head>\n<body>\n\n<table>\n    <tr>\n        <th>Required Documents<\/th>\n    <\/tr>\n    <tr>\n        <td>Parents\u2019 SSNs if you\u2019re a dependent student<\/td>\n    <\/tr>\n    <tr>\n        <td>Tax returns<\/td>\n    <\/tr>\n    <tr>\n        <td>Records of child support received<\/td>\n    <\/tr>\n    <tr>\n        <td>Current balances of cash, savings, and checking accounts<\/td>\n    <\/tr>\n    <tr>\n        <td>Net worth of investments, businesses, and farm<\/td>\n    <\/tr>\n<\/table>\n\n<\/body>\n<\/html>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-ae446d2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae446d2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff83607\" data-id=\"ff83607\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a9608d8 elementor-widget elementor-widget-video\" data-id=\"a9608d8\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/UupEQdS2VMY&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-776d27a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"776d27a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f0a89c\" data-id=\"1f0a89c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7593f92 elementor-widget elementor-widget-text-editor\" data-id=\"7593f92\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<ol><li><span style=\"font-weight: 400;\">Gather all relevant information and papers before filling out the Free Application for FAFSA form to ensure a smooth and thorough submission process. Having certain items ready can help speed up the application process and ensure you have all the required data.<\/span><\/li><li><span style=\"font-weight: 400;\">First, start by compiling your personal information, such as your Social Security number, date of birth, and full legal name, as it appears on official papers like your Social Security card or driver\u2019s license.\u00a0<\/span><\/li><li><span style=\"font-weight: 400;\">Register a Federal Student Aid (FSA) I.D. for yourself as well as your parent(s) or guardian(s), if applicable. This ID will act as your digital signature and enable you to access federal student aid websites.<\/span><\/li><li><span style=\"font-weight: 400;\">Consider your dependency status next. Specify whether you are a dependent or independent student. Dependency students must submit their parents\u2019 data on the FAFSA, but independent students may do so under particular circumstances.<\/span><\/li><li><span style=\"font-weight: 400;\">Prepare your tax returns for the appropriate tax year. Collect IRS Forms 1040, 1040A, or 1040EZ for the tax year that coincides with the year of your FAFSA application.\u00a0<\/span><\/li><li><span style=\"font-weight: 400;\">To simplify this procedure, you can use the IRS Data Retrieval Tool (DRT) in the FAFSA to submit your tax information right to the application.<\/span><\/li><li><span style=\"font-weight: 400;\">Gather information about your assets, such as savings accounts, investments, and property (but not your home or retirement funds).\u00a0<\/span><\/li><li><span style=\"font-weight: 400;\">These particulars will be utilized for assessing your financial status. Make a list of colleges that you want to attend. You can send your FAFSA to up to ten colleges, and they will have access to the financial data they need to establish your assistance eligibility.<\/span><\/li><li><span style=\"font-weight: 400;\">Non-citizens with legal status in the United States must submit their Alien Registration Number. Check to see if universities or state aid programs require additional documentation, such as verification or specific financial aid forms.<\/span><\/li><\/ol><p><strong>Wrapping Up!<\/strong><\/p><p><span style=\"font-weight: 400;\">FAFSA is that tool that can help you carve your path to higher education in a prestigious college of your choice. Like that stepping stone to success, it gives you that extra pump to fly high and accomplish all your career goals and dreams. I hope you find this blog post helpful while filling out your FAFSA form.<\/span><\/p><p><span style=\"font-weight: 400;\">Refer to it if you feel stuck while filling out your FAFSA form.<\/span><\/p><p><span style=\"font-weight: 400;\">Moonpreneur is on a mission to disrupt traditional education and future-proof the next generation with holistic learning solutions. Its <\/span><a href=\"https:\/\/moonpreneur.com\/book-a-free-trial\/\"><span style=\"font-weight: 400;\">Innovator Program<\/span><\/a><span style=\"font-weight: 400;\"> is building tomorrow&#8217;s workforce by training students in AI\/ML, <\/span><a href=\"https:\/\/moonpreneur.com\/robotics\/\"><span style=\"font-weight: 400;\">Robotics<\/span><\/a><span style=\"font-weight: 400;\">, Coding, IoT, and Apps, enabling entrepreneurship through experiential learning.<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Update: This article was last updated on 17th July 2024 to reflect the accuracy and up-to-date information on the page. Are you worried about college expenses? Try an ultimate solution: the Free Application for Federal Student Aid (FAFSA)! It provides grants, loans, work-study programs, and more to pave your path to higher education without breaking [&hellip;]<\/p>\n","protected":false},"author":116,"featured_media":36266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[478],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/posts\/36264"}],"collection":[{"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/users\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/comments?post=36264"}],"version-history":[{"count":0,"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/posts\/36264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/media\/36266"}],"wp:attachment":[{"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/media?parent=36264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/categories?post=36264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mp.moonpreneur.com\/blog\/wp-json\/wp\/v2\/tags?post=36264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}