What’s Changing in the New FAFSA and What’s Not

"Big changes are coming to a notoriously complex form that students need to submit to qualify for college financial aid — but the changes will mostly appear gradually, over the next few years," The New York Times reports. 

..."The upshot is that a student’s response to the questions will not disqualify the applicant from financial aid, said Justin Draeger, president and chief executive of the National Association of Student Financial Aid Administrators."

...Will I have to submit extra information after filing the FAFSA?

"Possibly. Each year, about a quarter of applicants — mainly lower-income students who qualify for need-based Pell grants — are flagged for 'verification,' which means the government asks for additional documents, like tax returns, to confirm details. Verifications had been relaxed because of the pandemic but it’s currently unclear whether that will continue in the upcoming FAFSA cycle, Mr. Draeger said."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

 

Publication Date: 9/17/2021

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