Inflation Rate For 2024-25 Fafsa. These changes include significant modifications to the need analysis formulas and calculation of federal pell grant awards. To account for inflationary adjustments as required under the law, the department has updated the supporting tables used in the student aid index (sai) calculation, ensuring that students are benefitting from approximately an additional $1.8 billion in aid.
Separate from the inflation adjustment, the overhaul of the fafsa makes the form easier to fill out and increases the number of families eligible for financial aid. Fsa recently announced that they will update the current tables used in the sai calculation to reflect the inflation adjustment ordered in the fafsa simplification legislation.
Inflation Rate For 2024-25 Fafsa Images References :