Renee Fleck has spent more than six years covering personal finance and is an expert on student loans and refinancing. Fox Money is a personal finance hub featuring content generated by Credible ...

SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid ...

The Department of Education is changing how a family’s need-based aid is calculated. As a result, more households could receive more aid. Before FAFSA simplification: A family’s need was calculated ...

Major federal student aid reforms beginning in 2026–27 replace the EFC with the Student Aid Index, set new Pell Grant cutoffs, and revise asset reporting rules. These shifts, along with tighter loan ...

Form gets shorter: The FAFSA has been cut from up to 108 questions to about 36, with IRS data pulled directly under the FUTURE Act to reduce errors and speed processing. SAI replaces EFC: The new ...

Navigating the college application process is only made more complex by the financial aid system. Understanding how much financial aid you might receive is no easy task and for students entering ...

The FAFSA Simplification Act and the FUTURE Act are two pieces of legislation passed by Congress that are in the process of being implemented. This legislation intends to change the financial aid ...

Do you know what your EFC is? If you've got teenagers who expect to attend college, knowing your Expected Family Contribution is critical. The good news is that it's easy enough to generate your EFC ...

Big changes are coming to the Free Application for Federal Student Aid (FAFSA) for the 2024-2025 aid year! The FAFSA Simplification Act represents a significant overhaul of the processes and systems ...

It will be FAFSA season soon. And it’s widely hoped that the 2025-2026 Free Application for Federal Student Aid doesn’t become a nightmarish experience for the millions of Americans who must complete ...