2024-2025 Free Application for Federal Student Aid (FAFSA)

Section 483 of the Higher Education Act of 1965, as amended, (HEA) mandates that the Secretary of Education ". . .shall produce, distribute, and process free of charge common financial reporting forms as described in this subsection to be used for application and reapplication to determine need and eligibility of a student for financial assistance. . .". The determination of need and eligibility are for the following title IV, HEA, federal student financial assistance programs: the Federal Pell Grant Program; the Campus-Based programs (Federal Supplemental Educational Opportunity Grant (FSEOG), and Federal Work-Study (FWS)); the William D. Ford Federal Direct Loan Program; the Teacher Education Assistance for College and Higher Education (TEACH) Grant; the Children of Fallen Heroes Scholarship and the Iraq and Afghanistan Service Grant. Federal Student Aid, subsequently developed an application process to collect and process the data necessary to determine a student's eligibility to receive title IV, HEA program assistance. The application process involves an applicant's submission of the Free Application for Federal Student Aid (FAFSA). After submission of the FAFSA, an applicant receives a Student Aid Report (SAR), which is a summary of the data they submitted on the FAFSA. The applicant reviews the SAR, and if necessary, will make corrections or updates to their submitted FAFSA data. Institutions of higher education listed by the applicant on the FAFSA also receive a summary of the processed data submitted on the FAFSA which is called the Institutional Student Information Record (ISIR). The Department seeks OMB approval of all application components as a single "collection of information". The aggregate burden will be accounted for under OMB Control Number 1845-0001. This is a request for a revision of the current information. This is a request for revisions to the current information collection. There are changes to the FAFSA form as described in the Summary of Enhancements to the 2020-21 Free Application for Federal Student Aid, one for general FAFSA form changes and one for web and mobile application changes.

The latest form for 2024-2025 Free Application for Federal Student Aid (FAFSA) expires 2022-08-31 and can be found here.