The Free Application for Federal Student Aid(FAFSA) filled out by millions of families is getting an overhaul and is now available. The redesigned FAFSA has soft launched for the 2024-25 academic year and is available intermittently at FAFSA.gov. However, individuals can still submit the 2023-24 FAFSA until June 30, 2024.
The Department of Education’s Free Application for Federal Student Aid(FAFSA) generally opens each fall for families to provide financial data to the college their children are attending. It is a form that must be filled out annually so universities can assess a family’s financial data and adjust their financial aid.
Individuals must fill out FAFSA each year to qualify for financial aid like grants, scholarships, and federal student loans. However, deadlines vary for federal, state, and institutional aid. The FAFSA open and close date is usually between October 1 to June 30. But, this year FAFSA soft launched in late December 2023.
|FAFSA Open Date
|Federal FAFSA Deadline
|October 1, 2022
|June 30, 2024
|June 30, 2025
The FAFSA 2024-25 is an exception as it did not go live until late December, and only intermittently. It is important to file your FAFSA as close to the open date as possible to increase your chances of qualifying.
FAFSA applications for the 2023-24 school year opened on October 1, 2022, with a deadline of June 30, 2024.
State and Institutional FAFSA Deadlines
Generally, state and institutional colleges set their own FAFSA deadlines, much earlier than the federal ones. If you want to qualify for state and institutional scholarships and grants, you must file your application before these deadlines.
If you are attending an out-of-state school, you may not qualify for state and institutional grants and scholarships.
Federal FAFSA Deadline
The Federal FAFSA Deadline for the 2023-24 academic year is June 30, 2024. You can submit the FAFSA form by this date to qualify for federal scholarships and grants.
Work-study dollars and most state and institutional aid will run out the fastest, but there will still be time to qualify for federal grants and student loans.