Major new changes to federal financial aid rules are going into effect this fall, and if you’re a high school guidance counselor, you probably have a lot of questions about the changes and what they mean for the students and families you advise. Here’s what’s changing and what you need to know so you can provide accurate advice and links to helpful resources for your students.
FAFSA
7 Quick Tips for FAFSA Season
It’s October, and that means it’s FAFSA season. The Federal Application for Federal Student Aid (FAFSA) is available beginning October 1 of each year. Here are the 7 quick tips you need to know to make sure you don’t miss any deadlines and don’t miss out on any financial aid opportunities.
Student Aid Index: What Parents and Students Should Know
The Student Aid Index (SAI) is a number used by college financial aid administrators to measure families’ ability to pay for college. It’s part of the process of determining how much need-based financial aid your student is eligible to receive. SAI will be the new name for what was previously known as the Expected Family Contribution (EFC), and it will go into effect on July 1, 2023, along with many other changes to the FAFSA and college financial aid process. Learn more about SAI, how it works, and what’s changing in my quick overview article.
Big FAFSA Changes and the New Student Aid Index
Big changes are coming to the Free Application for Federal Student Aid (FAFSA) in 2023, and the changes could dramatically affect how much parents and families end up paying for college and how much financial aid their students receive. Learn about what’s changing, including the new Student Aid Index, in my in-depth blog for parents.
THCC Episode 129 – Need-Based Financial Aid and How It Works
Learn the basics of need-based financial aid, how it works, how to apply, and how to find out how much aid you might receive. Join Brad and his guest co-host Chuck Erickson as they talk about it all on the Taming the High Cost of College podcast. Listen Now…