by Global Financial Aid Services | Mar 1, 2025 | Blog
An applicant or parent can update Family Size on the FAFSA if information changes after a tax return is filed. By Rick Cox and Siobahn Arbogast Family Size has replaced Household Size. Family Size is returned with Federal Tax Information (FTI) data based on the...
by Global Financial Aid Services | Mar 1, 2025 | Blog, FSA Conference 2023
In calculating Scheduled and Annual Awards for Pell, the Scheduled Award will be the maximum amount, and the Annual Award will be the Scheduled Award adjusted for enrollment intensity. By Chyrl Ayers, Rick Cox and Siobahn Arbogast Here is a refresher on calculating...
by Global Financial Aid Services | Mar 1, 2025 | Blog, FAFSA Simplification
Important name and system changes are taking place as full implementation gets closer for the FAFSA Simplification and FUTURE Acts. Here’s a guide to new names for financial aid terms that are changing with FAFSA Simplification. In some cases, a change will affect an...
by Global Financial Aid Services | Mar 1, 2025 | Blog, SAI & Eligibility Calculation
The amount reported will be for the most recently completed calendar year as of the date the FAFSA is filed. A note about an upcoming change for the 2024-2025 award year: The way child support received will be reported can create different years to review for...
by Global Financial Aid Services | Mar 1, 2025 | Blog, FAFSA Simplification
Key name and system changes are taking place with FAFSA Simplification. Here are befores and afters for financial aid terminology. A glossary of familiar terms follows if you’re wondering what the new name is for an old standard. Expected Family...
