Major Changes to the Free Application for Federal Student Aid (FAFSA) – An overview • FAFSA will not be available until December 2023 – no specific date has been communicated as of yet. • An “FSA ID” is required to access FAFSA form • FAFSA is now roles-based: • Roles = Student (Applicant), Parent, and Preparer (if applicable) • Once all required data has been provided and signed, any role can submit the FAFSA form. • Introduction of Contributors • Parent 1, Parent 2, s tudent’s spouse, and student must provide the required information and sign their respective section prior to submission. • Dependent students must invite parent(s) to contribute to their form if parent information is required. • Integration of FAFSA on studentaid.gov’s Dashboard (all information is now located in on place). • The general look and feel of the FAFSA form has changed; questions have been reduced from 108 to 33. • Allow users to transfer federal tax information via direct date exchange (replacing the IRS Data Retrieval Tool). • EFC (expected family contribution) will be replaced with SAI (student aid index). 3
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