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FAFSA Simplification

In an effort to simplify the financial aid process you will see a new FAFSA for 2024-2025, this is part of what is known as FAFSA Simplification. We are learning more about the changes every day and will do our best to bring you updates as we have them. To start, you can read about why the changes are being made, and what changes are being made on the Federal Student Aid website to learn about FAFSA Simplification. The State of Tennessee also has information regarding how to complete the FAFSA on their website

FAFSA Simplification

Topics:

FAFSA Simplification: The New FAFSA for 2024-2025


2024-25 FAFSA FAQs


What are the benefits?

 

What is changing?

The 2024-2025 FAFSA opened at the end of December 2023. It is still currently in a soft launch period. If the form is unavailable when you or your family try to access it, please try again later.

  • There will no longer be an EFC, the new formula will be;

    • Cost of Attendance (COA) - Student Aid Index (SAI) = Financial Need.

  • You can use the Federal Student Aid Estimator to get an estimate of your Student Aid Index (SAI).

  • Contributor - any individual required to provide consent and approval for Federal Tax Information (FTI) along with their signature on the FAFSA form. All contributors will be required to give consent for their tax information to be included on the FAFSA.

  • Direct Data Exchange (DDX) - formerly the IRS Data Retrieval Tool, this is the system used to transfer individuals tax information to determine federal aid eligibility.

  • Student Aid Index (SAI) - formerly Expected Family Contribution (EFC), this is a calculation based on the FAFSA that allows us to determine how much need-based financial aid you are eligible for.

  • FAFSA Submission Summary (FSS) - formerly Student Aid Report (SAR), this is the output document providing a summary of data input on the FAFSA form received after completing the FAFSA application.

 

How does this impact me?

  • Have your 2022 tax documents ready when you log in to complete the FAFSA.

  • Every contributor will need an FSA ID in order to complete their part of the FAFSA.

    • Contributors can complete only their part of the FAFSA (student or parent). The second contributor will receive an email to login and complete their part once the first contributor is finished and invites them.

Yes, you can input your information into the Federal Student Aid Estimator to estimate your 2024-2025 financial aid. 

The Department of Education is currently processing FAFSAs and sending them to schools. You can check the status of your FAFSA by logging in to studentaid.gov. Once we have received your FAFSA, you will receive an email in your APSU email account with your next steps.

Our goal is to get aid information to students as quickly as possible. We began requesting additional information if necessary and releasing aid offers on April 19. New award notices will go out weekly. If you have completed a FAFSA but have not received a notice from the Office of Student Financial Aid & Scholarships in your APSU email account, contact us at 931-221-7907 or sfao@apsu.edu. We appreciate your patience as we navigate the new FAFSA.

Our goal is to get aid information to returning students as quickly as possible. We began requesting additional information if necessary and releasing aid offers on April 19. New award notices will go out weekly. If you have completed a FAFSA but have not received a notice from the Office of Student Financial Aid & Scholarships in your APSU email account, contact us at 931-221-7907 or sfao@apsu.edu. We appreciate your patience as we navigate the new FAFSA.

Unfortunately, our scholarship application has closed. Our 2025-2026 application will open on October 1st.


Who is my parent on the FAFSA for 2024-2025?

I heard that it is different for next year, how do I know for sure which parent to use next year? Good news, you can use the below questions to simulate the FAFSA questions to tell you which parent(s) should be used on the FAFSA. On the FAFSA, the “parent” is your legal (biological or adoptive) parent.

Are your parents married to each other?