Current:Home > reviewsAfter soft launch challenges, FAFSA 2024-25 form is now available 24/7, Dept of Ed says -Aspire Money Growth
After soft launch challenges, FAFSA 2024-25 form is now available 24/7, Dept of Ed says
View
Date:2025-04-16 12:09:00
The new and simplified Free Application for Federal Student Aid (FAFSA) is now available 24/7 to everyone, officially ending the “soft launch” period that saw the form go offline for hours at a time, the Department of Education said.
The Department of Education met its legal obligation to release the new form by the end of 2023, about three months later than its usual Oct. 1 date, with a soft launch of the application. On Dec. 30 and Dec. 31, the application was only available for 30 minutes each day, frustrating students eager to complete the application as soon as possible to meet school deadlines, some as early as January 15. Each day, the form’s open hours got longer but the application remained inaccessible to many people.
Now, the Department of Education says the form is finally ready to be "continuously available except for routine maintenance, typical of any FAFSA cycle,” which should ease people’s fears of missing out on money for school.
“We recognize how important it is for students and families to get the information they need on StudentAid.gov to plan for the upcoming school year,” said Federal Student Aid Chief Richard Cordray in a statement.
How many people complete FAFSA?
About 18 million FAFSAs were submitted during the 2020-21 application cycle, according to Federal Student Aid data.
Learn more: Best personal loans
Even more applications are expected for the 2024-25 school year because FAFSA was simplified to encourage more people to apply for financial aid. The form was shortened to just 36 questions from 108, including detailed financial information, and it will be easier to import income data from IRS tax records.
“While the form is expected to take around an hour on average for applicants, some applicants could answer as few as 18 questions in less than 10 minutes,” the Department said.
Along with the pared-down form, the Department of Education changed its formulas so, among other things, more students would be awarded Pell Grants, which don't have to be repaid. It also will no longer include a sibling discount so families with more than one child in college may get less aid.
The Department estimates the new calculations will help an estimated 610,000 more students get Federal Pell Grants. Recipients will receive more aid, with nearly 1.5 million additional students receiving the maximum Pell Grant award, it said.
Maximizing your chances for money:FAFSA's the main source of student aid but don't miss the CSS profile for a chance for more
How many people have completed 2024-24 FAFSA so far?
In the first 10 days of the soft launch, "over one million students and families and counting have successfully filled out the ‘Better FAFSA,’” said U.S. Secretary of Miguel Cardona in a press release.
That’s comparable to, or more, than the first 10 days of other years of FAFSA openings, including in October last year and earlier years like 2016 when the form launched on January 1, a Department spokesperson said. In 2016, the Department reached 1 million applications by January 12, she said.
Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at [email protected] and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
veryGood! (6)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Biggest snubs in the 2024 SAG Awards nominations, including Leonardo DiCaprio, 'Saltburn'
- Man armed with assault rifle killed after opening fire on Riverside County sheriff’s deputies
- Experts explain health concerns about micro- and nanoplastics in water. Can you avoid them?
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Alabama can carry out nation's first execution using nitrogen gas, federal judge says
- Small-town Nebraska voters remove school board member who tried to pull books from libraries
- From snow squalls to tornado warnings, the U.S. is being pummeled with severe storms this week. What do these weather terms mean?
- This was the average Social Security benefit in 2004, and here's what it is now
- Federal judge says Alabama can conduct nation’s 1st execution with nitrogen gas; appeal planned
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Walmart says it will use AI to restock customers' fridges
- Jessica Biel Proves Son Is Taking After Dad Justin Timberlake's Musical Interest in Rare Photo
- Alan Ritchson says he went into 'Reacher' mode to stop a car robbery in Canada
- What do we know about the mysterious drones reported flying over New Jersey?
- What's next for Michigan, Jim Harbaugh after winning the college football national title?
- Why Travis Kelce Feels “Pressure” Over Valentine’s Day Amid Taylor Swift Romance
- Court again delays racketeering trial against activist accused in violent ‘Stop Cop City’ protest
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Epic Nick Saban stories, as told by Alabama football players who'd know as he retires
1 killed, 3 injured in avalanche at Palisades Tahoe ski resort, California officials say
The Universal Basic Income experiment in Kenya
Nevada attorney general revives 2020 fake electors case
The Puffer Trend Beyond the Jackets— Pants, Bucket Hats, and Belt Bags From Lululemon and More
Lawmaker resumes push to end odd-year elections for governor and other statewide offices in Kentucky
Who’s running for president? See a rundown of the 2024 candidates