FAFSA/FSA Update per ACPE:

Federal Student Aid (FSA) The 2024-25 FAFSA is now available. An update was shared this week from the US Department of Education regarding the 2024-25 FAFSA. Two important items to note from this announcement are:

·         The Department has updated the supporting tables used in the Student Aid Index (SAI) calculation—which replaced the Expected Family Contribution formula—that account for inflation. The updated SAI tables will allow students to benefit from an additional $1.8 billion in aid and ensure that all students can access the maximum financial aid they are eligible for.

·         The Department will begin transmitting batches of FAFSA information—known as the Institutional Student Information Record or ISIR—to these partners in the first half of March. Students will also be able to make corrections to their form starting in the first half of March. 

Please visit acpe.alaska.gov/AlaskaFAFSACompletion for completion resources.