"For the first time since 2016, the Free Application for Federal Student Aid (FAFSA) will not be ready on Oct. 1 for the following academic year. Instead, students have to wait until December to fill out and submit a redesigned application for financial aid — including federal student loans, grants and work-study — for the 2024–25 school year," Nerd Wallet reports.
..."States and schools can have financial aid deadlines much earlier than the FAFSA deadline. Missing an institution's deadline could mean missing out on aid.
Incoming students can get their college list ready now and keep track of critical deadlines.
Many schools set priority deadlines in March before the relevant academic year, says Dana Kelly, vice president of professional development and institutional compliance for the National Association of Student Financial Aid Administrators. Kelly says this gives colleges a sense of their first-year class and provides incoming students an idea of how much institutional aid they can expect before the May 1 deposit date."
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Publication Date: 8/24/2023