How the FAFSA Simplification Act Affects You
Last updated: March 01, 2024
Big changes are coming to the Free Application for Federal Student Aid (FAFSA) application for the 2024-2025 aid year!
Colorado State University - Global Campus
The FAFSA Simplification Act was passed by Congress in 2020 and represents a significant overhaul of the processes and systems used to award federal student aid. This includes the Free Application for Federal Student Aid (FAFSA) form, the need analysis that determines federal aid eligibility, changes in terminology, and many policies and procedures for schools that participate in federal student aid programs. The 2024-25 FAFSA is now available on studentaid.gov.
There are a number of benefits of the FAFSA simplification act, including a more streamlined application process and a better user experience for the FAFSA, expanded eligibility for federal student aid, and reduced barriers for certain student populations (e.g., homeless and unaccompanied youth, incarcerated students, English language learners, and students from low-income backgrounds).
Some fundamental changes include, but are not limited to:
While the FAFSA is receiving an update and the aid eligibility calculation has been revised, there are a number of aid-related matters that will not change.
Students are welcome to complete the 2024-25 FAFSA now. Packaging for the 2024-25 award year is estimated to begin in Spring 2024. However, dates and timelines are subject to change as we receive new information and system updates from our vendors and the Department of Education.
After the FAFSA is processed, CSU Global will work to review and notify students of their financial aid eligiblity. Once all required information is received, eligible students will receive a Financial Aid Package Notification. Priority will be given to students who have all financial aid documents submitted at least 10 days prior to the first day of class.
For more information on the FAFSA Application process, please visit our “Applying for Aid” page.
CSU Global’s Office of Financial Aid is dedicated to providing timely updates to students, families, and our community. Due to the significant amount of changes that are occurring, portions of our website may not yet be 100% accurate for the 2024-2025 academic year. We’ll continue to update this page as we receive more information from the Department of Education and Federal Student Aid, and appreciate your patience as we work to implement the changes brought by the FAFSA Simplification Act.