Overall, the new FAFSA application will provide more funds to more lower-income students but there will be some who may see a reduced funding eligibility. As of October 2022, what used to be called the”Expected Family Contribution, or EFC, calculation and is now the Student Aid Index or SAI , no longer includes a sibling discount, which took into account how many children from the same family were attending college at the same time. The new formula is applied uniformly across all racial, ethnic and religious groups and geographic regions in accordance with the law.
Sadly, the actual online FAFSA application form which was supposed to be ready for users back in mid-2023 is running late and was just delayed again by HHS due to software and funding issues.