{"id":772,"date":"2022-10-07T17:51:22","date_gmt":"2022-10-07T17:51:22","guid":{"rendered":"https:\/\/collegeaidpro.com\/?p=772"},"modified":"2022-11-16T13:48:29","modified_gmt":"2022-11-16T18:48:29","slug":"fafsa-changes-2023-24-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/collegeaidpro.com\/fafsa-changes-2023-24-what-you-need-to-know\/","title":{"rendered":"FAFSA Changes 2023-24: What You Need To Know"},"content":{"rendered":"

The <\/span>Federal Student Aid<\/span><\/a> office recently announced FAFSA changes that will go into effect for the 2023-2024 school year. Other news and media outlets, such as <\/span>Forbes<\/span><\/i>, have covered these changes \u2013 <\/span>and reported incorrect information.<\/span><\/a> We want to ensure that you and your college-bound family are armed with information to make the best possible decisions about filling out their FAFSA in the coming years. Here\u2019s everything you need to know, <\/span>including the timeline for changes to take effect.<\/span><\/a><\/p>\n

Removal of Drug Conviction Questions<\/span><\/h2>\n

Past FAFSA forms have asked questions about drug conviction. These questions will be removed for the <\/span>2023\u201324 FAFSA\u00ae form.\u00a0<\/span><\/a><\/p>\n

myStudentAid Application Is Retired<\/span><\/h2>\n

In previous years, the FAFSA could be submitted via a mobile application \u2013 myStudentAid. The application is being retired. Applicants can either submit their FAFSA online using a desktop computer or laptop, or they can go to StudentAid.gov to submit their FAFSA application using a mobile device browser (Safari, etc.).\u00a0<\/span><\/p>\n

FAFSA Simplification Act Changes<\/span><\/h2>\n

The FAFSA Simplification Act that was recently passed by Congress includes:<\/span><\/p>\n

    \n
  1. Overhaul of the FAFSA form (for example \u2013 going from over 100 questions to closer to 36).<\/span><\/li>\n
  2. Changes in how need is assessed.<\/span><\/li>\n
  3. Procedure changes for schools to participate in Title IV programs.<\/span><\/li>\n<\/ol>\n

    Learn more about the FAFSA: Applying for Financial Aid: FAFSA and CSS Profile<\/a><\/p>\n

    Gender Identification Questions<\/span><\/h2>\n

    Questions asking specifically whether the applicant is male or female have been removed across all platforms.\u00a0<\/span><\/p>\n

    Learn more about how gender identification questions: College Applications and Financial Aid for Transgender Students<\/a><\/p>\n

    Selective Service Eligibility<\/span><\/h2>\n

    StudentAid.gov is no longer offering Selective Service match. Previous questions asking applicants to indicate that they were interested in registering for the Selective Service have been removed across all platforms.\u00a0<\/span><\/p>\n

    Incarcerated Students<\/span><\/h2>\n

    Per the FAFSA Simplification Act, incarcerated students will regain eligibility to access federal Pell Grants. Students are identified as incarcerated if:<\/span><\/p>\n

      \n
    1. Address on the FAFSA forms matches an address in the FAFSA program\u2019s correctional facility file.<\/span><\/li>\n
    2. An applicant submits paper FAFSA form specifically developed for incarcerated applicants.<\/span><\/li>\n
    3. The FAA submits an application for incarcerated students and sets the \u201cincarcerated applicant\u201d flag.\u00a0<\/span><\/li>\n<\/ol>\n

      Need Analysis Income Threshold<\/span><\/h2>\n

      Each year, there is an income threshold that equals an \u201cautomatic zero\u201d when the FAFSA helps to calculate a family\u2019s expected family contribution (EFC). For the 2023-2024 school year, this threshold has been increased from $27,000 to $29,000.\u00a0<\/span><\/p>\n

      Learn more: When Your Expected Family Contribution is Too High<\/a><\/p>\n

      Key Takeaways<\/span><\/h2>\n

      Truth be told, the FAFSA change rollout for the 2023-2024 school year doesn\u2019t look as though it\u2019s going to have a dramatic impact on applicants or their families \u2013 which is a win! However, the significant changes that were passed in the FAFSA Simplification Act are going to be effective on the 10\/1\/23 FAFSA that affects the 2024-2025 school year. For example, if you have multiple kids in college at the same time or you are divorced\/separated, there are going to big changes coming that could dramatically affect your financial aid eligibility. We encourage all college-bound families to join the MyCAP community to stay informed on these upcoming changes.<\/a><\/p>\n

      Not only will you get access to a free software application to help you organize your college funding\u00a0 journey<\/a>, but you\u2019ll also have access to regular educational webinars and events hosted by our team of experts. We stay on top of FAFSA changes so you don\u2019t have to! <\/span>Register for your free account by clicking here.<\/span><\/a>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      The Federal Student Aid office recently announced FAFSA changes that will go into effect for the 2023-2024 school year. Other news and media outlets, such as […]<\/p>\n","protected":false},"author":5,"featured_media":16,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[7,10,93],"tags":[32,40,43,44,45,50],"acf":[],"featured_image_src":"https:\/\/collegeaidpro.com\/wp-content\/uploads\/2022\/08\/blog-2.png","featured_image_src_square":"https:\/\/collegeaidpro.com\/wp-content\/uploads\/2022\/08\/blog-2.png","author_info":{"display_name":"Bill Rabbitt","author_link":"https:\/\/collegeaidpro.com\/author\/rabbs\/"},"_links":{"self":[{"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/posts\/772"}],"collection":[{"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/comments?post=772"}],"version-history":[{"count":0,"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/posts\/772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/media\/16"}],"wp:attachment":[{"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/media?parent=772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/categories?post=772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/collegeaidpro.com\/wp-json\/wp\/v2\/tags?post=772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}