The FAFSA has undergone significant changes for the 2024-2025 aid year due to the passing of the Free Application for Federal Student Aid (FAFSA) Simplification Act. Due to these changes, the Department of Education moved the release date the 2024-2025 FAFSA from October 1 to a "soft launch" beginning December 30, 2023. In future academic years, the FAFSA will resume being fully released by October 1.
The 2024-2025 FAFSA is available at fafsa.gov. The Department of Education may occasionally pause access to the 2024-2025 FAFSA for maintenance.
The UNT priority deadline to submit the FAFSA (or TASFA) has been moved from January 15 to April 15, 2024 for the 2024-2025 academic year. Financial aid awarding for the 2024-2025 academic year is anticipated to begin Spring 2024.
The Department of Education announced on January 30, 2024 that they will start sending student FAFSA data to schools beginning mid-March 2024. This represents a 6 week delay from their previous timeline. Although the sending of FAFSA information to schools has been delayed, we recommend completing the FAFSA as soon as possible.
Once you submit your 2024–2025 FAFSA, the Department of Education will send you an email confirming that they received your FAFSA as well as future updates regarding your FAFSA status. To ensure you receive future updates from the Department of Education, you may log in to your StudentAid.gov account and confirm they have your current email address.
For students and families who have started the 2024-2025 FAFSA process but have been unable to complete the process due to an issue with the FAFSA form, the Department of Education has created the following page to track the status of FAFSA issues and provide guidance:
These federal aid requirements, rights, and responsibilities have not changed or had minor updates:
Contributor is a new term introduced on the 2024-25 FAFSA form. It refers to anyone asked to provide information on a student's FAFSA form, i.e., the student, the student's spouse, a biological or adopted parent, or the parent's spouse (stepparent).
The student's or parent's answers on the FAFSA will determine which contributors (if any) will be required to provide information.
These contributors will be invited to complete their portion of the FAFSA form by entering their name, date of birth, Social Security Number, and email address. They must also provide personal and financial information in their sections of the FAFSA form.
If a required contributor refuses to provide their information, it will result in an incomplete FAFSA form and the student will become ineligible for federal student aid.
Students that live with a single/divorced/widowed parent and receive the most support from that parent, will report only one parent on the FAFSA.
The parent included in the FAFSA as a contributor must be the parent who provides the greater portion of the student's financial support. If that primary parent is remarried, the income of that parent's spouse (stepparent) will also be required.
According to the Future Act, all students and contributors must provide consent to the following:
All students and contributors must create a StudentAid.gov account to complete the FAFSA form online.
Students and contributors will use their FSA ID account username and password to log in to their accounts. If you or your contributor already have an FSA ID, you will use your existing FSA ID.
Even if a parent or spouse contributor does not have a Social Security Number, they can still get an FSA ID using their ITIN to fill out their portion of the student's FAFSA form online.
No. The FSA ID process is not changing. It is even better that parents and students can create the FSA ID and have it ready anytime before the FAFSA application starts. If you or your contributor already have an FSA ID, you will use your existing FSA ID.
To create an FSA ID, you will need your Social Security Number (SSN). Other information required is full name and date of birth. You will also need to create a memorable username and password and complete challenge questions and answers to retrieve your account information if you forget it. You'll be required to provide your email address or mobile phone number when you make your FSA ID. Providing a mobile phone number and/or email address that you have access to will make it easier to log in to ED online systems and allow you to verify your FSA ID before using it on the FAFSA and additional account recovery options. Please see the following U.S. Department of Education webpage regarding creating an FSA ID: Create Account | Federal Student Aid.
Yes. Starting 2024-25, parents and/or spouses who are not U.S. Citizens or Eligible Noncitizens can use their Individual Taxpayer Identification Number (ITIN) to create an FSA ID. They will be able to report their income and tax information on the FAFSA and use their FSA ID account to electronically sign the FAFSA.
Your parents' citizenship status does not affect your eligibility for federal aid. They cannot create an FSA ID, but you can complete the FAFSA on paper and ask for their signatures. For FAFSA purposes, you must provide your parents' income, no matter where they reside.
If the parent you indicate on the FAFSA is the parent who remarried, it will depend on how they filed taxes. If they filed jointly, only one parent needs an FSA ID. If they filed separately, both parents would need their own FSA ID.
No. You can retrieve your existing FSA ID if you forgot your username and password. Please see the following U.S. Department of Education website regarding assistance with accessing an existing FSA ID account: I need help accessing my StudentAid.gov account | Federal Student Aid.
This can vary. It is possible to create an FSA IDand it will be ready to use once you verify it. It is also possible that after completing the FSA ID creation steps (including verifying it), you will be instructed by the online FSA ID portal to wait 24-48 hours to use your FSA ID.
We recommend creating your FSA ID a few days before starting the FAFSA form. FSA IDs made on the day of FAFSA completion might work but will not have full functionality yet, like using the Direct Data Exchange (FADDX) to transfer tax information.
Two-step verification, a form of multi-factor authentication (MFA), helps protect your StudentAid.gov account with additional protection from fraud.
Yes! For example, a student and parent cannot use the same phone number for MFA.
This depends on the family's situation. For example, if a student has married parents filing taxes separately, both parents will need to make an FSA ID.
None. Just ensure they are verified and ready to use when the FAFSA 2024-25 opens in December 2023.
Starting 2024-25, a separate signature page will no longer exist. There are two alternative options for contributors to provide consent who do not want to or refuse to create an FSA ID:
The Future Act requires that every contributor on the FAFSA provide consent to share their taxes information in the application so that the IRS can share this information with Federal Student Aid (FSA). All parties whose Federal Tax Information (FTI) is included on a student’s FAFSA form must consent annually.
The consent will be required when a student submits a FAFSA, chooses Income-Driven Repayment (IDR) when starting loan repayment, or submits the Total and Permanent Disability discharge (TPD) within the U.S. Department of Veterans Affairs for totally and permanently disabled students.
The consent is necessary not only for the U.S. Department of Education to request federal tax information from the IRS but also to use that FTI in the federal student aid application process, as well as do other things such as redisclose that information to certain eligible entities, such as higher education institutions.
If a student, spouse, or parent does not provide consent on the FAFSA, the Student Aid Index (SAI) will not be calculated, and the student will not be eligible for financial aid.
According to the IRS tax year 2022, these are the thresholds by filing status. If an independent student (and spouse, if married), or a parent of a dependent student, were not required to file a federal income tax return for 2022, then the student will automatically receive a Student Aid Index (SAI) equal to –1500. They still need to provide consent when submitting the FAFSA so the IRS can confirm to Federal Student Aid (FSA) that the student, parents, and spouse did not file taxes.
No. Starting FAFSA 2024-25, the DRT will no longer exist. After the student, spouse, and/or parent provides consent to the Direct Data Exchange (FADDX) via the FAFSA completion process, the Federal Tax Information (FTI) will be linked to the application contributor. Federal Student Aid (FSA) will now directly transfer Federal Tax Information (FTI) from the IRS into the FAFSA form as long as the user has provided FSA with consent to do so.
All users identified as required contributors on a particular FAFSA form will be prompted to provide consent for the IRS to use their Federal Tax Information (FTI). This consent is required to retrieve FTI from the IRS to calculate the student’s aid eligibility. If any required contributor to the FAFSA form does not provide consent, submission of the form will still be allowed. However, a Student Aid Index (SAI), which replaces the Expected Family Contribution (EFC), will not be calculated.
Starting with the Simplified FAFSA, students will determine which parent(s) to report based on which provides the most financial support. This determination will not be impacted by if the parent(s) reported the student on their taxes. The reported parent(s) will provide consent to transfer their tax data even if they do not claim the student on their taxes.
Yes. If the parent providing more financial support is remarried, the stepparent’s tax information is required.
UNT Financial Aid Advisors can offer to talk directly with the parent or stepparent to explain why that information is needed and answer any questions, which sometimes puts them at ease about how their information will be used. However, our staff cannot provide tax advice.
Independent students or parents are the best sources for this estimate; they can also consult their accountant or other financial professional if they have access to one, to estimate the amounts to report.
Being self-employed does end up showing business income on tax returns. But it depends on the type of work whether or not they will have to report any assets associated with their business.
Yes. Starting 2024-25, when the student, spouse, parent, and/or stepparent provide consent, the IRS’s Federal Tax Information (FTI) will include the information from an amended tax return.
After you provide consent on the FAFSA, if the IRS cannot transfer your Federal Tax Information (FTI) to your FAFSA application, the application will allow you to self-report it. Self-reporting your tax information on the FAFSA does not override the requirement for each required contributor to provide consent on the FAFSA form. They will need to both 1) provide consent and 2) have their tax information submitted, either directly from the IRS or self-reported manually, on the FAFSA form.
Any individual who is a contributor to the FAFSA application must provide consent. This includes parentsand independent students, regardless of their tax filing status. Generally, the parents of independent students are not contributors and would, therefore, not need to provide consent.
Starting 2024-25, FAFSAall FAFSAs submitted online must be completed online, including all required signatures. This means if a signature is missing, the applicable parent or the contributor must obtain an FSA ID to complete their section and sign the FAFSA.
Starting 2024-25, parents without a Social Security Number may create an FSA ID for use in completing and signing the FAFSA. Please see the following U.S. Department of Education webpage regarding creating an FSA ID: Create Account | Federal Student Aid.
There is no longer an option to print and submit a signature page to complete an online FAFSA and financial aid administrators will not be able to submit FAFSA signature forms on students’ behalf.
Students and parents will be required to have an FSA ID to complete the FAFSA application, including consent and signature, online. If they choose to mail a paper FAFSA, all contributors (student and parents) will need to provide consent on the paper FAFSA, provide original signatures (i.e. wet signatures), and mail the paper FAFSA to the U.S. Department of Education address as indicated on the paper application. This method is not recommended due to its complexity and resulting increased processing time.
Identity theft or fraud are the most likely reasons for the IRS not providing tax information for the applicant or the contributor. If the contributor has been flagged by the IRS, possibly due to identity theft or a breach of some sort to their information, then the IRS will notify the FAFSA processors via an electronic code indicating they are unable to provide the data. The FAFSA processors will notify you if this occurs.
There is no longer a separate signature page, and there will not be a consent signature option on paper. There are two alternative options for contributors to provide consent who will not or cannot create an FSA ID. One option is to submit a paper FAFSA form completed by all contributors and mailed to Federal Student Aid. This method is not recommended due to its complexity and resulting increased processing time.
The Student Aid Index (SAI) is replacing the term Expected Family Contribution (EFC). The SAI brings a change in the methodology used to determine aid.
The SAI is a number used to determine eligibility for need-based aid. It is calculated using information the student (and contributors, if required) provides on the FAFSA form. The SAI will replace the Expected Family Contribution (EFC) starting in the 2024-25 award year. A student’s SAI can be a negative number down to –1500.
The following formula is used to help calculate your financial aid.
Need = Cost of Attendance (COA) – Student Aid Index (SAI) – Other Financial Assistance (OFA)
The Student Aid Index (SAI) represents a change in the methodology used to determine aid.
Additional information on the SAI formulas can be found in the 2024-25 DRAFT Pell Eligibility and SAI Guide.
Students may qualify for a maximum Federal Pell Grant based on family size, adjusted gross income, poverty guidelines, and tax filing status. Students qualifying for a maximum Federal Pell Grant will have a Student Aid Index (SAI) between –1500 and 0.
Students who do not qualify for a maximum Federal Pell Grant may still be eligible if their calculated SAI is less than the maximum Federal Pell Grant award for the award year. The student’s Federal Pell Grant offer will be equal to the maximum Federal Pell Grant for the award year minus their SAI.
Students whose SAI is greater than the maximum Federal Pell Grant award for the award year may still be eligible for a “minimum” Federal Pell Grant based on family size, adjusted gross income, and poverty guidelines.
According to the IRS tax year 2022, these are the thresholds by filing status. If parents of a dependent student or an independent student (and spouse, if married) were not required to file a federal income tax return for 2022, the student will automatically receive a Student Aid Index (SAI) equal to –1500.
For the 2024-25 award year, some financial information previously considered income will be considered as assets. Also, some information not requested previously, such as the family’s small business, will no longer be excluded from asset reporting.
Students with a negative or 0 SAI will be eligible for the same (maximum) amount of Federal Pell Grant. The difference is that the negative -1500 SAI indicates the student has a higher need than the student with 0 SAI, which can be used for the priority awarding of other grants with limited funding, such as the Federal Supplemental Educational Opportunity Grant (FSEOG).
It will be based on the family size that the family entered, if different from the taxes. In this situation, students may have to provide additional information if selected for verification.
What you need to know:
For the 2024-25 award year, an independent student is one of the following: