Reading Time: 4 Minutes – If you’ve been keeping up with the FAFSA Simplification Act, then you might be realizing that this act is implementing A LOT of changes! Since we already covered three fascinating subjects of the Simplification Act these last few months, we want to explore a little more on how the Pell Grant will be expanding access even further (🎉hooray!).
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Read Time: 2 Minutes
Have you been wondering how the FAFSA Simplification Act has changed the look of the FAFSA form for the 2024-25 award year? A few months ago, we wrote about what the Simplification Act is, now we want to dig deeper into the form itself.
Spoiler Alert! That EFC is going away! The FAFSA Simplification act is replacing EFC with what is now known as “SAI” or Student Aid Index. Today we’ll be breaking down the difference between that old EFC, and the new SAI explaining what it even is, how it’s different, and why it matters.
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Reading Time: 2 Minutes – At FAS, we understand that change can be confusing and navigating through complex regulations can feel like a never-ending maze. That’s why we’re here to simplify things for you! Today, we want to shed some light on the FAFSA Simplification Act—a game-changer in the world of financial aid. We know firsthand how daunting new changes to the financial aid process can be, but fear not! Our expert team is well-versed in decoding the intricate details, and here to help!
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This Tax Matrix can be used to assist schools when verifying tax data on a student’s ISIR (skip to definitions to learn what an ISIR is). Because the IRS Tax Return Transcript doesn’t have line or item numbers AND uses different terminology than the FAFSA, matching tax data to a student’s ISIR can become confusing quickly. That is where this matrix comes in!
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How to identify and prevent common student loan scams and protect your students.
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Help your students accurately and efficiently complete the 2021-2022 Free Application for Federal Student Aid (FAFSA) by the June 30th deadline!
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