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 availability of the 2024-2025
FAFSA form from October 1 to a "soft launch" beginning December 30, 2023 and the transmittal of FAFSA data to schools to late
March/early April 2024.
The UNT priority deadline to complete the FAFSA (or TASFA) was moved from January
15 to May 31, 2024 for the 2024-2025 academic year due to FAFSA Simplification. lf you have not yet
submitted your 2024-2025 FAFSA and plan to utilize financial aid in the 2024-2025
academic year, it is critical that you do so as soon as possible.
The following are some things you can do to help ensure a successful FAFSA submission:
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 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:
What are Contributors on the FAFSA 2024-25?
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).
How are Contributors determined?
The student's or parent's answers on the FAFSA will determine which contributors (if
any) will be required to provide information.
What do Contributors need to provide?
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.
What are the steps Contributors must follow?
- Contributor receives an email informing them that they have been identified as a contributor.
- Contributor creates a StudentAid.gov account if they do not already have one.
- Contributor logs in to the account using their FSA ID account username and password.
- Contributor reviews information about completing their section of the FAFSA form.
- Contributor provides the required information on the student's FAFSA form.
What if I am a Contributor and do not want to provide my information in my student's
FAFSA?
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.
What if my parents are divorced? Who is the contributor to my FAFSA?
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.
Why does the FAFSA 2024-25 require consent from students and contributors?
According to the Future Act, all students and contributors must provide consent to
the following:
- Have their federal tax information transferred directly into the FAFSA form via direct
data exchange with the IRS;
- Have their federal tax information used to determine the student's eligibility for
federal student aid; and
- Allow the U.S. Department of Education to share its federal tax information with postsecondary
institutions and state higher education agencies for use in awarding and administering
financial aid.
- Important: Even if students or contributors do not have a Social Security Number, did not file
taxes, or filed taxes outside of the U.S., they still need to provide consent.
What if I don't want to provide consent as a student or a required contributor?
- If a student or required contributor doesn't provide consent to have their federal
tax information transferred into the FAFSA form, the student will not be eligible
for federal student aid—even if they manually enter tax information into the FAFSA
form.
- Information about how federal tax information will be used and the consequences of
not providing consent will be included on the FAFSA form.
- Legal parents must provide consent to transfer federal tax information, even if one
of the parents did not file or had no income. If parents fail to provide consent,
the student will not be eligible to receive federal student aid.
What is FSA ID, and who needs it?
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.
Do parents and students need to wait until FAFSA 2024-25 opens in December to create
an FSA ID?
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.
How do I or other contributors create an 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.
Do parents without social security numbers also need to have an FSA ID?
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.
What if my parents are not U.S. Citizens and do not have a Taxpayer Identification
Number (ITIN)?
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.
My parent remarried. Is the parent's spouse required to get an FSA ID as well?
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.
Will parents and students need to create a new FSA ID if they have had an FSA ID in
the past?
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.
When you create an FSA ID, is it ready to use right away or is there a wait time?
This can vary. It is possible to create an FSA ID and 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.
Why do I have to set up two-step verification for my StudentAid.gov account?
Two-step verification, a form of multi-factor authentication (MFA), helps protect
your StudentAid.gov account with additional protection from fraud.
Does each contributor need a unique phone number or email for multi-factor authentication?
Yes! For example, a student and parent cannot use the same phone number for MFA.
Do both parents need to create an FSA ID or just one like before?
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.
What is the impact if the student and parent already have an FSA ID?
None. Just ensure they are verified and ready to use when the FAFSA 2024-25 opens
in December 2023.
If a parent does not want to or refuses to create an FSA ID, is there an alternative
for that parent to provide consent, such as mailing an original signed (i.e. “wet
signature”) consent page?
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 first example would be the student applying using the paper FAFSA and obtaining
wet signatures from all contributors, including the parents, who also affirm their
consent.
- The other option is for the student to complete their section and self-report information
for the parent section on the FAFSA form. When the student submits their FAFSA form
without the parent's signature, it will be placed in rejected status by the FAFSA
Processing System (FPS). The parent can then provide their signature and consent on
a paper copy of the FAFSA Submission Summary. This method is not recommended, if avoidable, due to the complexity and resulting increased processing
time.
What is consent, and why do I have to provide it when completing the FAFSA 2024-25?
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.
What happens if I, as a student, or a spouse or parent, do not want to provide consent
on the FAFSA?
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.
What if I had a low income and was not required to file taxes?
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.
Will students still be able to use the IRS Data Retrieval Tool?
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.
Will non-custodial parents be contributors if they have not claimed the child on their
taxes?
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.
If parents who are remarried provide more support to the child than a biological parent,
does the stepparent have to provide their tax information?
Yes. If the parent providing more financial support is remarried, the stepparent’s
tax information is required.
What if my parent or stepparent does not want to provide their tax information for
my FAFSA?
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.
How do I report small business or farm value as assets on the FAFSA?
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.
My parent is self-employed – do they still need to say they own a business?
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.
I – and/or my parents or spouse – amended our taxes. Will my Federal Tax Information
(FTI) be transferred, or do I have to provide a 1040X later to the school?
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.
Can I self-report my income on FAFSA?
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.
If a parent of a dependent student or an independent student is a non-filer and earned
no wages for the applicable year, do they have to provide consent?
Any individual who is a contributor to the FAFSA application must provide consent.
This includes parents and 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.
What happens if a contributor provides consent but does not sign the FAFSA form?
Starting 2024-25, FAFSA all 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.
In what situations will there be a match with the IRS, but the IRS would not provide
information?
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.
If a parent does not want to or refuses to create an FSA ID, is there an alternative
for that parent to provide consent, such as mailing an original signature (i.e. wet
signature) on a consent page?
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.
What is the Student Aid Index (SAI)?
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)
What is the main difference between the SAI (starting FAFSA 2024-25) and EFC (used
until FAFSA 2023-24)?
The Student Aid Index (SAI) represents a change in the methodology used to determine
aid.
For example:
- Child support received will now count as an asset instead of income.
- Family farms and small businesses will now count as assets.
- The number of family members in college is no longer considered in the needs analysis
formula, but it is still a required question on the FAFSA form.
Additional information on the SAI formulas can be found in the 2024-25 DRAFT Pell Eligibility and SAI Guide.
How is Federal Pell Grant eligibility determined?
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.
What if I had a low income and was not required to file taxes?
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.
Why are Assets different on the FAFSA 2024-25?
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.
If students get a negative SAI, will they get a higher Federal Pell Grant?
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).
If the family size is manually adjusted, will the SAI only be calculated based on
the size drawn from the taxes?
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 constitutes Unusual Circumstances on the FAFSA 2024-25?
- Unusual circumstances are when a student is unable to contact a parent or where contact
with the parent poses a risk to the student.
- Starting in the 2024-25 award year, applicants who indicate on their FAFSA form that
they have unusual circumstances will be granted provisional independent status.
- Examples of unusual circumstances include human trafficking, legally granted refugee
or asylum status, parental abandonment or estrangement, and student or parental incarceration.
What you need to know:
- Students with unusual circumstances will be granted provisional independent status and can complete the FAFSA form without providing parental information.
- Students with this provisional independent student status will receive an estimate
of their federal student aid eligibility.
- A financial aid administrator will make the final determination of a student’s unusual
circumstances based on the documentation and information that the student submits
to the school.
- If a school approves a student’s unusual circumstances, their independent student
status will remain as long as the student stays at the same school and their circumstances
do not change.
- All unusual circumstances must be documented.
How can I be considered an Independent for the FAFSA 2024-25?
For the 2024-25 award year, an independent student is one of the following:
- born before Jan. 1, 2001
- married (and not separated)
- a graduate or professional student
- a veteran
- a member of the armed forces
- an orphan
- a ward of the court
- someone with legal dependents other than a spouse
- an emancipated minor
- someone who is unaccompanied and homeless or self-supporting and at risk of being
homeless