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Funding U. Unlike traditional student lenders who require a cosigner or stellar credit history, Funding U evaluates applicants based on their academic merit and predicted outcomes. Visit our dedicated schools page for more information about our program and to schedule a call with our team.

The Department of Education (ED) on Tuesday announced that it would resolve a 2024-25 FAFSA issue that is preventing submission when a contributor does not have a Social Security Number (SSN), in the “first half” of March.

As part of its ongoing advocacy efforts to ensure smooth implementation of the FAFSA Simplification Act, NASFAA partnered with ASA Research, LLC (ASA) to incorporate the student voice into its feedback to the U.S. Department of Education (ED) to help improve the FAFSA form and process. In a new report, NASFAA has detailed areas the department should focus on in order to offer more clarity for students and families in upcoming FAFSA cycles. However, one area of consideration that can still be addressed in the 2024-25 cycle concerns increased customer support and soliciting feedback from FAFSA completers. The considerations offered in this report seek to ensure that the newly released FAFSA is easier to complete and will help increase the number of students applying for, and receiving, federal financial aid. Read the full report for more details.

Significant changes to the Pell Grant eligibility criteria and Federal Methodology (FM) formula are on the horizon, including a new name for the Expected Family Contribution (EFC), which has become the Student Aid Index (SAI). Join NASFAA's Jackie Cottom today, at 2 p.m. ET, for a deep dive into the new SAI. Reserve your seat today!

The professional credential tests on Application Processing, Federal Pell Grants, and Need Analysis will be offline February 28 and 29, 2024 for maintenance. If you will be taking these tests anytime on or after March 1, 2024, even if you purchase the test prior to that date, be prepared to answer questions based on 2024-25 regulations. View the NASFAA Testing Center for the schedule of updates between now and May 1, including brief periods when other tests will be offline. If you have any questions, contact [email protected].

In its commitment to the graduate and professional community, NASFAA is providing an upcoming webinar, on March 13 at 2 p.m. ET, as a forum for graduate and professional financial aid administrators to discuss current issues of concern for their students and peers. NASFAA will provide an update on topics specific to the graduate and professional aid community, and close with a Q&A session. Reserve your seat today.

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