2024-2025 Financial Aid Updates

2024-2025 Financial Aid Update

The 2024-2025 FAFSA and WASFA applications are now available! If you plan to attend Fall 2024, complete your 2024-2025 FAFSA or WASFA application today!

Updates coming from the U.S. Department of Education expected mid-March. CBC will provide updates as we learn more. For additional information, please return to this page.

Apply for FAFSA or WASFA

With so many changes, CBC wants you to get the best information and help as you navigate funding your education. Plan to attend one of the upcoming financial aid nights hosted in area high schools and on campus at CBC. Students and families are encouraged to bring 2022 tax and income information to these upcoming events to receive assistance from fnancial aid experts.

Financial Aid Workshop

FAFSA Simplification

The FAFSA Simplification Act represents a significant overhaul of the processes and systems used to award federal student aid starting with the 2024–2025 award year (Fall 2024 – Summer 2025). This includes the Free Application for Federal Student Aid (FAFSA) form, need analysis, and many policies and procedures for schools that participate in federal student aid programs. 

We understand financial aid changes can be challenging to navigate, but CBC is here to help you through the process! New application updates will be shared as they become available.

What about WASFA?

The Washington Application for State Financial Aid (WASFA) for 2024-2025 has been updated with similar changes to the FAFSA application simplifying the information requested and the user experience. For more information please visit the WASFA website.

What is Changing?

The SAI measures the student and/or family’s ability to pay for college. The new need analysis formula allows for a potential SAI as low as -1500 and implements a separate eligibility criterion for determining Federal Pell Grant eligibility.

Expanded eligibility based on family size (not including number in college) and federal poverty level will allow for more students to receive Federal Pell Grants.

With the 2024-2025 FAFSA you will see and hear words such as “contributor” (anyone who is asked to provide information on the FAFSA like a parent or spouse) and “consent” (each required contributor will be required to consent to their information being included on the FAFSA).

Please watch Federal Student Aid’s FAFSA Simplification YouTube video regarding upcoming changes to the FAFSA.

Additional Resources about FAFSA Simplification

What is the FAFSA Simplification Act?

Key Terms, Definitions, and Systems Related to FAFSA Simplification

Is My Parent a Contributor on my FAFSA Form?

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