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!

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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