2024-2025 Financial Aid Application Updates
October 31, 2023
For the 2024-2025 application year, the will undergo changes relating to the FAFSA Simplification Act enacted into law. The changes to the FAFSA will impact the information requested from students and their families, as well as the potential eligibility of grant and loan aid for applicants during the 2024-2025 academic year.
2024-2025 FAFSA/CADAA APPLICATION
When will the 2024-2025 FAFSA/CADAA become available?
- Late December 2023
- The will provide the exact date soon.
The California priority application deadline for the 2024-2025 FAFSA/CADAA is:
- April 2, 2024
2024-2025 FAFSA UPDATES AND HIGHLIGHTS: BETTER FAFSA
What will change on the application?
1. A simplified application process:
- The number of application questions has been reduced and this has decreased the time needed to complete the FAFSA form.
2. Expanded eligibility for the Federal Pell Grant:
- More students will be eligible for the Federal Pell Grant, and some students may be eligible for more Federal Pell Grant than before.
3. Reduced barriers for applicants:
- The Federal Tax Information (FTI) requested will be secured and transferred for all taxpayers.
- Both students and parents/guardians will be able to create their own , even those with no Social Security Number (SSN).
- Please note that FSA IDs refer to the FAFSA application’s username and password required to submit a FAFSA
4. Change from Expected Family Contribution (EFC) to Student Aid Index (SAI):
- Beginning with the 2024-2025 FAFSA, the EFC is being replaced by the SAI
- The SAI refers to the new tool used for determining and awarding need-based grants and scholarships
- Additionally, there is a possibility for the SAI to be a negative number, with a minimum SAI of -1,500 instead of zero
ADDITIONAL INFORMATION ON THE 2024-2025 FAFSA: BETTER FAFSA
Use of Federal Tax Information:
- The FAFSA Simplification Act requires that whenever possible, the FAFSA uses data received directly from the to calculate a student’s SAI and Pell Grant award.
Other notable changes:
- The number of family members in college is no longer a factor in determining need.
- The FAFSA will remove the question asking for the number of family members in college
- The definition of family size has changed to be the same as the number of individuals reported as dependents on the applicant’s (if independent) or applicant’s parents’ (if dependent) U.S. tax return. Applicants may update their family size if it changes after filing the tax return.
PROPOSED 2024-2025 CALIFORNIA DREAM ACT APPLICATION (CADAA): BETTER CADAA
For 2024-2025, the is working on making updates to the CADAA per recommendations from the that was released earlier this year. The notable changes are:
- Application timeline:
- CADAA will likely be released on the same date as the FAFSA – late December 2023.
- CADAA's priority deadline is April 2, 2024.
- Change from Expected Family Contribution (EFC) to Student Aid Index (SAI):
- The 2024 -2025 CADAA will include some of the changes from the new FAFSA such as the incorporation of the Student Aid Index (SAI) in place of the Expected Family Contribution (EFC).
- Parent Signature Process changes:
- CSAC is working to allow the parental signature into the original submission.