"A growing number of states are pushing high school seniors to file the federal financial aid form because evidence suggests that students who complete the form are more likely to attend college," the New York Times reports.

..."When should I file the FAFSA?

As soon as possible, said Karen McCarthy, vice president of public policy and federal relations at the National Association of Student Financial Aid Administrators. States, colleges and scholarship programs also use the FAFSA to award aid and many have early deadlines. You can file the FAFSA for the next academic year until June 30, 2024, but you’ll probably miss out on aid if you wait.

The form is undergoing an overhaul aimed at making it simpler to complete. Congress approved changes like reducing the number of questions and tweaking the formula used to determine who gets aid, but most updates won’t take effect until the 2024-25 academic year."

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: 10/14/2022