A new APP promises to make the FAFSA process more accessible for low-income and disadvantaged students, a demographic with the lowest application completion rate in the nation.
The new APP boasts a host of features along with simplifying the financial aid process. Promised features include: the ability to fill out the Free Application for Federal Student Aid (FAFSA) on a phone; the ability to manage a borrower’s federal student loans in the APP, and the ability for students to check their credit score.
“This is a significant first step in our commitment to improving the experiences students, parents and borrowers have with Federal Student Aid (FSA) and in bringing federal student aid programs into the 21st century,” Education Secretary Betsy DeVos said earlier this month.
Planned for launch in the spring of 2018, the new APP is a part of what the education department calls the “NextGen” approach to financial services by the FSA Department. The department also plans to integrate the current FASFA website into the larger StudentAid.gov website, allowing applicants to seamlessly switch between web and mobile platforms, enabling applicant access and choice.
The Federal Student Aid Department, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. Every year, $120 billion in federal grants, loans, and work-study funds from FAFSA help 13 million students paying for college or career school. For complete information about FAFSA, visit the current FAFSA website at: https://fafsa.gov
Be on the lookout for updates and changes to both websites in 2018. Students and parents can contact campus counselor for additional details or assistance.
Video - What will the APP look like?
https://twitter.com/twitter/statuses/935949192421363713
Additional Resources for FAFSA:
https://financialaidtoolkit.ed.gov/tk/learn/fafsa/updates.jsp
https://financialaidtoolkit.ed.gov/resources/federal-student-aid-resources-for-fafsa-outreach.pdf
https://blog.ed.gov/2017/09/5-things-filing-fafsa-form/?ep_mid=11420992&ep_rid=38940580
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