7 Major FAFSA 2024 Changes: What Families Need to Know w/Jen MacLure
Let’s talk changes to FAFSA 2024 you need to know! For this episode, I am joined by Jen MacLure, founder and CEO of My Pathway to College (https://www.mypathwaytocollege.com/), to discuss major changes to the FASFA 2024 - 2025 application process. These 7 FAFSA changes will greatly impact your timing to file this year!
In addition, we touch on FAFSA and college planning in general and creating a CSS Profile.
Looking for a FAFSA 2024-25 walkthrough? Want to know about the FAFSA simplification act? If you are planning on sending your children to college in 2024, this is the stream for you!
Remember, Financial Freedom is found through Discipline 👏
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Timestamps:
04:26 – Stream starts
05:39 – Meeting Jen MacLure of My Pathway to College
08:19 – Main issue with FAFSA 2024 changes: No early applications?
09:51 – What does My Pathway to College do?
13:30 – FAFSA 2024: Biggest changes
16:29 – #1 FAFSA change: Shorter application
17:52 – #2 FAFSA change: Student aid index (SAI) to replace expected family contribution
19:32 – #3 FAFSA change: Pell grant eligibility change
20:45 – #4 FAFSA change: No discount for multiple children
21:14 – #5 FAFSA change: New reporting requirements for divorced parents
24:30 – #6 FAFSA change: No more reporting requirements for untaxed income
27:23 – #7 FAFSA change: Income protection allowance for parents go up
28:59 – Summary of changes to FAFSA 2024
30:06 – What is the biggest thing parents can do to prepare now?
33:52 – Next week sneak peek: What happens to your retirement accounts when you die?
#fafsa #collegeplanning #financialaid
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