College financial experts say the start date to apply for FAFSA will change from Oct. 1 to sometime in December.

Schools you applied to also received your EFC to help determine your financial aid eligibility. However, starting with the 2024-25 FAFSA, the EFC has been replaced by the Student Aid Index (SAI).

Changes to the 2024-25 FAFSA promise to deliver a simplified experience, but they may also impact how much aid you receive.

The new FAFSA, which will be used to determine financial aid eligibility for the 2024-25 academic year, is shorter and easier to fill out. Additionally, many low-income borrowers are expected to ...

With the new FAFSA, the calculation for the SAI is slightly different than it was for the EFC – but both figures serve the same purpose.

We recently compiled a list of 10 Highest Paying Monthly Dividend Stocks. In this article, we are going to take a look at where Ellington Financial Inc. (NYSE:EFC) stands against the other high ...

Indiana high schoolers have to file the FAFSA in order to graduate, but good news is that the form isn't running into as many problems this year.

While it seems like school just started, it's time for high school seniors to start thinking about applying for federal financial aid for college next year.You' ...

Q. For the first time, I will have two kids in college at the same time. I heard they are changing the way FAFSA looks at you when you have two kids. What’s the deal?

After FAFSA simplification: Unlike the EFC, the new SAI calculation can drop below zero. The SAI can be as low as negative $1,500. A family with significantly fewer financial resources could ...

Before FAFSA simplification: Students from a household with limited income and assets could, at the lowest limit, receive an EFC of zero. If your EFC was zero, you were automatically eligible for ...