Current:Home > ScamsAfter 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:2025-01-11 04:57:29
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! (6392)
Related
- Alexandra Daddario Shares Candid Photo of Her Postpartum Body 6 Days After Giving Birth
- Biden’s withdrawal injects uncertainty into wars, trade disputes and other foreign policy challenges
- Xander Schauffele claims British Open title for his second major of season
- Global tech outage grounds flights, hits banks and businesses | The Excerpt
- FSU football fires offensive, defensive coordinators, wide receivers coach
- Shooting outside a Mississippi nightclub kills 3 and injures more than a dozen
- Why David Arquette Is Shading Vanderpump Rules' Lala Kent
- Olivia Rodrigo flaunts her sass, sensitivity as GUTS tour returns to the US
- Lady Gaga Joins Wednesday Season 2 With Jenna Ortega, So Prepare to Have a Monster Ball
- A gunman has killed 6 people including his mother at a nursing home in Croatia, officials say
Ranking
- Prosecutor failed to show that Musk’s $1M-a-day sweepstakes was an illegal lottery, judge says
- Maine state trooper injured after cruiser rear-ended, hits vehicle he pulled over during traffic stop
- Stock market today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Backpack
- At age 44, Rich Hill's baseball odyssey continues - now with Team USA
- CrowdStrike says more machines fixed as customers, regulators await details on what caused meltdown
- Richard Simmons' staff shares social media post he wrote before his death
- How well does the new 2024 Toyota Land Cruiser cruise on pavement?
Recommendation
-
Olivia Munn Randomly Drug Tests John Mulaney After Mini-Intervention
-
Former U.S. Rep. Henry Nowak, who championed western New York infrastructure, dies at 89
-
Judge Orders Oil and Gas Leases in Wyoming to Proceed After Updated BLM Environmental Analysis
-
How well does the new 2024 Toyota Land Cruiser cruise on pavement?
-
Singles' Day vs. Black Friday: Which Has the Best Deals for Smart Shoppers?
-
Curiosity rover makes an accidental discovery on Mars. What the rare find could mean
-
Kyle Larson wins NASCAR Brickyard 400: Results, recap, highlights of Indianapolis race
-
Mamie Laverock speaks out for first time after suffering 5-story fall: 'My heart is full'