2024-25 FAFSA
Students and their families will encounter several key changes to the Free Application for Federal Student Aid (FAFSA) for the 2024-25 academic year due to legislation passed by Congress.
FUTURE Act: December 2019
Federal Student Aid (FSA) must use data directly from the Internal Revenue Service.
Consolidation Appropriations Act of 2021: December 2020
This act brought changes to the FAFSA form and to the financial aid eligibility calculation.
Consolidation Appropriations Act of 2022: March 2022
In addition to extending the implementation timeline, changes to the cost of attendance and dependency status under unusual circumstances were also made to the FAFSA.
No matter if this is your first or fourth time filling out the FAFSA, the BGSU Office of Student Financial Aid and Scholarships is here to help you navigate the new process. Please do not hesitate to contact us with any questions.
FAFSA Update
The US Department of Education (ED) has begun processing the 2024-25 Free Application for Federal Student Aid (FAFSA) applications. If you have received an email from Federal Student Aid (FSA) and listed BGSU (003018) as a school on your application, your FAFSA information should be received in the BGSU Student Financial Aid and Scholarships Office (SFA) within 3-5 business days. Once received, BGSU SFA will begin the review of your FAFSA information as quickly as possible with the goal of emailing financial aid offers; including scholarship awards, by late April/early May. We recognize the urgency of providing our students with their aid offers and appreciate your additional patience as we compile your application credentials and put together the best financial aid package for you.
Please visit our FAFSA FAQ page for additional reference as you wait on your award offer.
Reminder: Students need to file their FAFSA every year.
*As of April 11, the 2024-25 financial aid offers for new students will not be ready until the end of April/early May.
What do I need to know right now?
Three new Contributor roles are being introduced with the 2024-25 FAFSA: Student, Parent and Spouse. We have created a 2024-25 FAFSA Contributor Questionnaire to help you figure out your contributor role. Click the button below to complete the questionnaire.
Learn who is a 2024-25 FAFSA Contributor
Parent and spouse contributors will need to fill out the 2024-25 FAFSA separately from the student. They will also need to have their own Federal Student Aid (FSA) ID. If you do not already have an FSA ID, you can apply for one on the Federal Student Aid website.
What other changes can I expect?
New Contributor roles for signing the 2024-25 FAFSA are being introduced. Those roles are Student, Parent(s) (if the student is a dependent) and Spouse (if the student is independent and files a separate tax return.)
Parent(s) or Spouse (if applicable) need to fill out the 2024-25 FAFSA separately from the student.
Not sure of your dependency status or if you are a Contributor to the 2024-25 FAFSA? Complete the FAFSA Contributor Questionnaire at the bottom of this page to find out.
- Anyone who is listing tax information on the 2024-25 FAFSA is required to give the U.S. Department of Education consent to use their tax information.
A student will be ineligible for financial aid if consent to use tax information is not given.
The 2024-25 FAFSA is switching from the Estimated Family Contribution (EFC) to the Student Aid Index (SAI). This change in name and calculation more accurately reflects the number used to determine a student’s aid eligibility.
The number of household members in college will be collected but not included in the Student Aid Index (SAI) calculation.
There will be three different ways to calculate the Federal Pell Grant. Poverty Guidelines and SAI will be used to determine Federal Pell Grant eligibility for undergraduate students.
Updated: 04/16/2024 02:09PM