Bad News for Families with Multiple College Students
This is directed to families with multiple college students still enrolled in 2024-25.
The preliminary case studies from the National Association of Financial Aid Administrators for the new Student Aid Index (SAI) formula are out. This is the final phase of the implementation of the FAFSA Simplification Act of 2021.
Eliminating the multi-student discount is about to become a reality for thousands of families in the United States with college-age children.
The impact on these families is not good. Some would deem it devastating.
BONUS: For background information and in-depth understanding of the new FAFSA, after reading the full blog post, view our “How Will the Changes to FAFSA Impact You?” on our Education Unpacked YouTube Channel. College financial expert, Robert Falcon founder of College Funding Solutions provides details and guidance for parents/students.