Current:Home > FinanceAfter soft launch challenges, FAFSA 2024-25 form is now available 24/7, Dept of Ed says-LoTradeCoin
After soft launch challenges, FAFSA 2024-25 form is now available 24/7, Dept of Ed says
View Date:2024-12-23 16:22:20
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! (4515)
Related
- Fire crews gain greater control over destructive Southern California wildfire
- When does 'Love Island UK' Season 11 release in the US? Premiere date, cast, where to watch
- Best Sunscreens for Brown Skin That Won’t Leave a White Cast: Coola, Goop, Elta MD & More
- New York considers regulating what children see in social media feeds
- When is 'The Golden Bachelorette' finale? Date, time, where to watch Joan Vassos' big decision
- Chicago police tweak mass arrests policy ahead of Democratic National Convention
- Alec and Hilaria Baldwin to Star in Reality Show With Their 7 Kids
- Connecticut’s top public defender fired for misconduct alleged by oversight commission
- As Northeast wildfires keep igniting, is there a drought-buster in sight?
- Nara Smith Shares Glimpse Into Husband Lucky Blue Smith's Extravagant Birthday Celebration
Ranking
- Chris Pratt and Katherine Schwarzenegger welcome their first son together
- Former prosecutor settles lawsuit against Netflix over Central Park Five series
- Nebraska woman declared dead at nursing home discovered breathing at funeral home 2 hours later
- Washington parental rights law criticized as a ‘forced outing’ measure is allowed to take effect
- Taylor Swift Politely Corrects Security’s Etiquette at Travis Kelce’s Chiefs Game
- Caitlin Clark, WNBA rookies have chance to 'set this league on fire,' Billie Jean King says
- North Carolina legislators advance schedule mandates amid college sports uncertainty
- Former protege sues The-Dream, accusing the hitmaking music producer of sexual assault
Recommendation
-
John Robinson, former USC Trojans and Los Angeles Rams coach, dies at 89
-
Congressman's son steals the show making silly faces behind dad during speech on the House floor
-
The-Dream, hitmaker for Beyoncé, accused of rape in bombshell lawsuit: 'A prolonged nightmare'
-
Remember that viral Willy Wonka immersive experience fail? It's getting turned into a musical.
-
California researchers discover mysterious, gelatinous new sea slug
-
Israel confirms deaths of 4 more hostages, including 3 older men seen in Hamas video
-
Lawsuits Targeting Plastic Pollution Pile Up as Frustrated Citizens and States Seek Accountability
-
Men's College World Series championship odds: Tennessee remains the favorite