FAFSA Simplification Act

What is the FAFSA Simplification Act?

The FAFSA Simplification Act is a significant overhaul of the legacy process the federal government previously used to award financial aid. It simplifies the Free Application for Federal Student Aid (FAFSA) form by reducing the number of questions and making it more understandable. This makes it easier for students and families to apply for financial aid.

Why is this important?

By improving accuracy, efficiency, and affordability, the Act helps ensure that more students can pursue their academic and career goals without financial barriers.

Will this affect my eligibility for financial aid?

While the Act doesn’t directly impact eligibility criteria, the new FAFSA calculates student need based on the Student Aid Index (SAI) rather than Expected Family Contribution (EFC). It’s essential to review any changes in requirements and consult with financial aid offices for personalized guidance on eligibility and aid options.

Ready to take the next step in financing your education? Explore our comprehensive financial aid services today to discover how we can help make your academic goals a reality. Contact our financial aid office for personalized assistance and guidance on navigating the financial aid process. Your future starts here at Goodwin University!

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