2024-2025 Aid Year
The New 2024-2025 FAFSA Launches in December 2023
Butler Financial Aid will assist students and families to complete the FAFSA when it opens sometime in December, regardless of what college you plan to attend.
- Significant changes have been made to the application and to how eligibility for federal student aid is determined.
- The Expected Family Contribution (EFC) is being replaced with the Student Aid Index (SAI).
- The IRS Data Retrieval Tool (DRT) is being replaced with The Direct Data Exchange (DDX). The DDX is required where in the past the DRT was optional.
- Parents, Stepparents, and Spouses are now “Contributors” to the FAFSA Application.
- The student and each contributor must have an FSA ID, no paper signature process will be available. In the past parents or students could print and mail in a paper signature, that process has been eliminated.
- Each Contributor will log in separately to provide their information for the student’s FAFSA.
- The student and each contributor give consent to the IRS Direct Data Exchange using their FSA ID.
- Eligibility is determined based on the Parent or Student income in relation to the federal poverty guidelines and the Family Size.
- Enrollment Status (such as full-time, half-time, etc.) is being replaced with Enrollment Intensity.
- Federal Aid is awarded based on the Student Aid Index, Cost of Attendance, Other Scholarships and Grants, and Enrollment Intensity.
What You Can Do Now
- Ensure that each student and parent/stepparent have an FSA ID. This can be completed at studentaid.gov/fsa-id
- Parents/Stepparents who do not have a Social Security Number will need to wait until the 2024-2025 FAFSA launches in December to create an FSA ID.
- Gather the student and parent/stepparents 2022 federal income information such as tax returns and W-2 forms and have them in one place so they can be easily accessed when the application opens.
- Students and family can use the Estimator to receive an estimated federal aid amount at studentaid.gov/aid-estimator.
- Apply for Admissions to the college(s) you are considering. For Kansas schools that charge an admissions application fee there are Apply Free Days November 7-9, 2023. More information can be found at kansasregents.org/students/apply-free-days.
- Ask about and apply for scholarships at the college(s) you are considering and in your local community.
- Check in to scholarship opportunities provided by the State of Kansas at kansasregents.org/students/student_financial_aid.
- Prepare resumes and essays for scholarship applications and on-campus employment opportunities.
- Information on every aspect pertaining to Federal Student Aid, from application to repayment of student loans, can be found at studentaid.gov.
Have Questions or Need Additional Information? Contact us, we can help!
Butler Financial Aid