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The federal financial aid form looks different in the 2024-25 school year. Here's what college students and parents need to know about the new FAFSA.
However, financial aid experts say implementing the fix to the Free Application for Federal Student Aid, or FAFSA, now could lead to delays in the students' receiving financial aid offers.
It was created in 1963 by an Act of the Pennsylvania General Assembly, and engages in loan guaranty, loan servicing, financial aid processing, outreach and other student aid programs. It was announced on July 8, 2021 that the agency and the United States Department of Education would not continue their relationship, effective on December 14, 2021.
FAFSA is how students apply for financial aid, like the Pell Grant and federal student loans. The FAFSA form is normally available in October, but due to major overhauls to the application process ...
Some students may be unable to receive their financial aid money in time to pay their bills, with classes only a few weeks away, after the Education Department announced Tuesday that colleges will ...
The federal government does not distribute aid directly to the student or the student's family; it goes through the college. Colleges use the student's federal student aid eligibility and combine it with state financial aid (if any) and their own aid to create a financial aid package for the student.
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