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The FAFSA opens on October 1st. 

Students should complete their as soon as it becomes available on October 1st and before February 15th.

• Make sure you can log into 
•  (contribute their info on your FAFSA form).
• If your parent(s) or spouse will need to contribute to your form, make sure each contributor . Even if a contributor doesn鈥檛 have a Social Security number, they will be able to create an account.

Some of the changes to the FAFSA include:

• The new FAFSA is a more streamlined and shorter form and has 46 questions. Because this form is dynamic, some students will be presented with less than 46 questions.
• Students may list up to 20 colleges and universities. Previously, this number was 10.
• Currently, the FAFSA is only available in English and Spanish. The application will be expanded to include the 11 most common languages.
• Watch the  playlist to understand what information and documents you鈥檒l need to fill out the FAFSA form.

The Expected Family Contribution (EFC) is being replaced by the Student Aid Index (SAI). The SAI is a number that鈥檚 used to determine eligibility for need-based aid. It is calculated using information that the student (and contributors, if required) provides on the FAFSA form. A student鈥檚 SAI can be a negative number down to 鈥�1500. SAI is replacing EFC because the term EFC created some confusion in the past and SAI more accurately reflects student鈥檚 need-based eligibility.

Financial need = Cost of Attendance (COA) 鈥� Student Aid Index (SAI) 鈥� Other Financial Assistance (OFA)

For , financial information will be required from the parent(s) who provided the most financial support to the student in the 12 months before filing the FAFSA. Previously, financial information was needed from the parent(s) the student had lived with the most in the last 12 months.

See

Both a dependent student and their parent must create their own account to complete their respective sections on the FAFSA.

• On the 鈥淚nvite Parent(s) to This FAFSA Form庐鈥� view, the student will check the 鈥淢y parent doesn鈥檛 have an SSN鈥� box.
  • The student will enter the parent鈥檚 address instead.
• Parent logs in with FSA ID, and the online FAFSA experience is exactly the same as for someone with an SSN with only one exception:
  • ITIN field displays on 鈥淧arent Identity Information鈥� view

• "Contributor" is a new term being introduced on the new FAFSA form.
• A contributor is anyone who is required to provide a signature on the FAFSA form as well as provide consent and approval to have their federal tax information transferred from the IRS directly into the form via direct data exchange.
• This includes the student and may include the student鈥檚 spouse, a biological or adoptive parent, or the parent鈥檚 spouse (stepparent).
• Non-adoptive grandparents, foster parents, legal guardians, brothers or sisters, and aunts or uncles, even if they helped provide for or raise the student are not contributors
• Contributors will receive an email informing them that they've been identified as such, and will need to log in using their own FSA ID (if they don't already have one) to provide the required information on the student's FAFSA.
• Contributor participation does not indicate financial responsibility.

All students and contributors must provide consent and approval to:

• Disclose their personally identifiable information (PII) provided on the FAFSA form to the IRS for matching purposes;
• Obtain their federal tax information directly from the IRS via the direct data exchange and allow the U.S. Department of Education (ED) to use their federal tax information to determine the student鈥檚 aid eligibility. This consent also allows ED to share their federal tax information with postsecondary institutions and state higher education agencies for use in awarding and administering financial aid.

• If a student or required contributor doesn鈥檛 provide consent and approval, the student will not be eligible for federal student aid鈥攅ven if they manually enter tax information into the FAFSA form.
• Information about how federal tax information will be used and the consequences of not providing consent and approval will be included on the FAFSA form.
• Even if a student or contributor doesn鈥檛 have a Social Security number, didn鈥檛 file taxes, or filed taxes outside of the U.S., they still need to provide consent and approval

Family farms and small businesses will now count as assets, less the family's primary residence if it is also located on the farm.