From GlobeNewswire: 2024-04-16 11:38:00

The U.S. Department of Education updated the FAFSA for the 2024-25 school year after 40 years. EKU student services help students navigate. The updated FAFSA simplifies financial aid applications and determines student need. EKU offers scholarships and Federal Work Study opportunities, emphasizing the importance of FAFSA completion for retention and success.

Changes to the FAFSA include an intuitive approach, consent for IRS financial data, and measuring financial need with the Student Aid Index (SAI) instead of the Expected Family Contribution (EFC). EKU President McFaddin assures accessibility and transparency in higher education. Students must create FSA ID for authentication with potential delays.

Completing the FAFSA early ensures financial aid success. Some aid is awarded on a first-come, first-served basis. Incoming students seeking guidance can utilize EKU resources. The university prioritizes affordability, awarding over $91 million in aid in 2022, with 74% of undergrads receiving aid and first-gen students comprising half the freshman class.



Read more at GlobeNewswire: Revolutionizing Financial Aid