FAFSA/PELL Information
FAFSA
All students must submit a Free Application for Federal Student Aid (FAFSA). A paper copy of the application can be picked up at any Northeast Tech campus, or students can electronically submit one through the Federal Student Aid website. Use Northeast Tech code 012473 when submitting your FAFSA.
The 2023-24 FAFSA application process begins October 1, 2022, on the mobile app, as well as online. Students are encouraged to take advantage of the early application release date to ensure OTAG funds in 2023-24.
2024-25 FAFSA Changes
What's changing with the FAFSA?
There are a number of benefits of the FAFSA simplification act, including a more streamlined application process and a better user experience for the FAFSA, expanded eligibility for federal student aid, and reduced barriers for certain student populations (e.g., homeless and unaccompanied youth, incarcerated students, English language learners, and students from low-income backgrounds).
Some fundamental changes include, but are not limited to:
The FAFSA will be shorter and more user-friendly.
Students may list up to 20 colleges.
The FAFSA will be available in more languages.
Applicants will be required to use the IRS Direct Data Exchange.
All "contributors" must provide financial information.
A contributor—a new term being introduced on the 2024-25 FAFSA—refers to anyone who is required to provide information on a student's form (such as a parent/stepparent or spouse). A student's or parent's answers on the FAFSA will determine which contributors (if any) will be required to provide information.
Contributors will receive an email informing them that they've been identified as such, and will need to log in using their own FSA ID (if they don't already have one) to provide the required information on the student's FAFSA.
Being a contributor does not mean they are financially responsible for the student's education costs, but it does mean the contributor must provide information on the FAFSA or the application will be incomplete and the student will not be eligible for federal student aid.
The Student Aid Index (SAI) is replacing Expected Family Contribution (EFC).
The number in college will not be used to calculate SAI.
Previously, the FAFSA calculated the number of household members attending college into the EFC, dividing it proportionately to determine federal aid eligibility. Beginning with the 2024-25 FAFSA, the application will still ask how many household members are in college, but your answer will not be calculated into the SAI.
The parent responsible for submitting the FAFSA incases of divorce or separation has changed.
Family farms and small businesses must be reported as assets.