Current:Home > StocksAfter soft launch challenges, FAFSA 2024-25 form is now available 24/7, Dept of Ed says -PureWealth Academy
After soft launch challenges, FAFSA 2024-25 form is now available 24/7, Dept of Ed says
SafeX Pro View
Date:2025-04-06 22:17:54
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! (6)
Related
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- India Prime Minister’s U.S. visit brings him to New York and celebration of cultural ties
- Round ‘em up: Eight bulls escape a Massachusetts rodeo and charge through a mall parking lot
- C.J. Gardner-Johnson trashes Derek Carr, Saints after Eagles' close win
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- A Thousand Lives Lost, and Millions Disrupted, by Flooding in Western Africa
- Taylor Swift and Gigi Hadid Showcase Chic Fall Styles on Girls' Night Out in NYC
- For Christopher Reeve's son Will, grief never dies, but 'healing is possible'
- From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
- Alaska Airlines grounds flights at Seattle briefly due to tech outage
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Sudden death on the field: Heat is killing too many student athletes, experts say
- Breaking Through in the Crypto Market: How COINIXIAI Stands Out in a Competitive Landscape
- Theron Vale: The Pioneer of Quantitative Trading on Wall Street
- Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
- Breaking Through in the Crypto Market: How COINIXIAI Stands Out in a Competitive Landscape
- Taylor Swift and Gigi Hadid Showcase Chic Fall Styles on Girls' Night Out in NYC
- John Mulaney and Olivia Munn have a second child, a daughter named Méi
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Theron Vale: The Pioneer of Quantitative Trading on Wall Street
Princess Kate makes first public appearance at church service after finishing chemo
Octomom Nadya Suleman Becomes Grandmother After Her Son Welcomes First Child
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Running back Mercury Morris, member of 'perfect' 1972 Dolphins, dies at 77
MLB playoffs home-field advantage is overrated. Why 'road can be a beautiful place'
Jalen Carter beefs with Saints fans, is restrained by Nick Sirianni after Eagles win