Press Release
☷U S Department of Education Announces More Than 3 1 Million FAFSA Forms Successfully Submitted and an Update to Student Aid Index Calculation
U.S. Department of Education ( By Press Release office)
Feb 01,2024
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The Department of Education in the US just released some new data . It shows that over 3 . 1 million FAFSA forms have been submitted since the new application went live on Dec . 30 . This is an update from a few weeks ago when they announced that over a million forms had been submitted . The Department has also made some updates to the Student Aid Index calculation to account for inflation . These updates will allow students to receive an additional $1 . 8 billion in aid . James Kvaal , Under Secretary of Education , said that these updates will help more students get the financial aid they need . Richard Cordray , Federal Student Aid Chief , mentioned that students and families have found the new FAFSA form to be easy and fast to complete . The Department will be transmitting FAFSA information to schools and state agencies in March . Students will also be able to make corrections to their forms in March . The launch of the new FAFSA form ensures that more students from low - income backgrounds will receive Pell Grants . The Biden - Harris Administration is committed to delivering the most significant overhaul of the FAFSA form in almost four decades . We ' ve been working really hard to make the FAFSA process better for everyone . Our goal is to improve the user experience , especially for students and their families . We ' re dedicated to providing helpful tools and information on StudentAid . gov . We ' ll even send out emails to remind previous FAFSA applicants to submit their form for the 2024 - 25 school year . We ' re also here to support counselors , mentors , schools , and state agencies through webinars and updates on FSA Partner Connect .
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