2024 Fafsa Formula. To account for inflationary adjustments as required under the law, the department has updated the supporting tables used in the student aid index (sai). The fafsa form, or free application for federal student aid, is the form used to apply for federal financial aid.


2024 Fafsa Formula

The education department will update income guidelines used to calculate eligibility for college financial aid, reversing a decision that would led to some receiving. The roadmap outlines the series of resources and tools that will be available over the coming months to individuals who engage with and use the fafsa.

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