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Dates test will be given at Ord High School
October 28, 2023
Registration by 9/22/23
December 9, 2023
Registration by 11/3/23
Ord Test Center Code:
180040
Ord High School Code Number:
281-795
Big Changes are coming to the 2024-25 Free Application for Federal Student Aid (FAFSA) that will affect students and families.
The 2024-25 FAFSA opens in December 2023. The significant changes to the FAFSA have caused Federal Student Aid (FSA) to delay its opening.
The FSA ID is more important than ever. To start the FAFSA, an FSA ID is required. Students and parents must have an FSA ID to complete the form including parents without a Social Security Number. The FDA ID will requires a waiting period of several days before you can file a FAFSA.
There are significant terminology changes. Someone required to report their information on the FAFSA, typically the student and their parent(s), is called a "contributor." The IRS DRT is being retired and replaced by direct data exchange. The Student Aid Report is now called the FAFSA Submission Summary.
Consenting to direct data exchange (DDX) is required. Through the DDX process, the IRS shares federal tax information (FTI) with the Department of Education and the colleges listed on the FAFSA to calculate a Student Aid Index. Every Contributor on the FAFSA must consent to the DDX, even if they didn't file taxes, for the student to be eligible for federal financial Aid.
Student Aid Index will replace EFC. After submitting the FAFSA, students will receive a Student Aid Index (SAI) instead of an Expected Family Contribution (EFC). College financial aid offices, state agencies, and the federal government will use the SAI to determine eligibility for financial aid.
Financial aid eligibility could decrease. With the change to SAI, some students may see a decrease in financial aid eligibility. The SAI formula does not account for siblings in college and requires the net worth of all small businesses and farms to be reported as assets.
It is recommended to file the FAFSA by March 1st if at all possible. Students applying for the Susan Thompson Buffett scholarship must submit a completed FAFSA by February 1st, which means your FAFSA should be filed by January 14th. You will need to use your 2022 student/parent federal tax information when completing the FAFSA application.
