New FAFSA FAQs
Frequently Asked Questions About the 2024-2025 FAFSA & Receiving an Aid Offer from ¶¶Òõ¶ÌÊÓƵ
Is There a Way to Estimate my ¶¶Òõ¶ÌÊÓƵ Financial Aid Eligibility Prior to Receiving an Official Aid Package from ¶¶Òõ¶ÌÊÓƵ?
Yes! While you wait for your Official Financial Aid Offer to be available, students and families can use our Net Price Calculator to estimate their financial aid eligibility. While the Net Price Calculator provides a good estimate of costs and aid, there may be aid opportunities it doesn't catch for specific individuals. ¶¶Òõ¶ÌÊÓƵ is here to answer your questions and offer you one-on-one guidance in understanding your personalized financial aid options and package.
Here's how you can receive an Estimated Annual Cost summary planning worksheet from the ¶¶Òõ¶ÌÊÓƵ Financial Aid Office:
- Complete our new Net Price Calculator online at .
- Enter your information, select "email my results" by entering your name and email address.
- Check your email inbox for an email with the subject line: Your Financial Aid Estimate from ¶¶Òõ¶ÌÊÓƵ University.
- Forward this email to SHUaid@setonhill.edu.
- Receive an easy-to-understand Estimated Annual Cost summary planning worksheet from the ¶¶Òõ¶ÌÊÓƵ Financial Aid Office.
- Speak with your admissions counselors to better understand your financial options based on your personalized estimate.
How Does the Aid Process Usually Work?
The is a free, online application that students and their families use to apply for federal aid for education. You can choose to have the information you provide on the FAFSA shared with colleges and universities that you are interested in attending.
Many colleges, including ¶¶Òõ¶ÌÊÓƵ, use the information provided on the FAFSA to determine your eligibility for all types of financial need-based aid.
In past years, students and their families have been able to complete the FAFSA in October of the year prior to the fall semester of the year in which they plan to start college. This year, the U.S. Department of Education pushed back the open date for the FAFSA to December 31, 2023 as they completed a comprehensive update of the online form.
What’s Different About the 24-25 School Year?
The U.S. Department of Education has created a new, streamlined version of the FAFSA. It became available on December 31, 2023. Anyone applying for aid beginning with the fall 2024 semester will be required to use this new form.
Will the Changes for 24-25 Affect How Much Aid I Can Get from ¶¶Òõ¶ÌÊÓƵ?
No. The difference between this year and past years is that you may be receiving notification about some of the aid you are eligible for a little later than usual - depending on when you file.
How Long After I File My 24-25 FAFSA Will I Find Out About Need-Based Aid?
It will depend on three things:
- When you apply and are accepted to ¶¶Òõ¶ÌÊÓƵ.
- When you complete your FAFSA (and remember to add ¶¶Òõ¶ÌÊÓƵ as college you're interested in. Our school code is 003362.)
- When the FAFSA is processed by the U.S. Department of Education and the information is shared with ¶¶Òõ¶ÌÊÓƵ University. The Department of Education plans to begin sharing the information with colleges by mid-March 2024. ¶¶Òõ¶ÌÊÓƵ's Financial Aid Office will process the information and provide you with an official aid offer quickly after receiving this information.
How Can I Prepare to Complete the FAFSA?
- If you didn’t submit a 2023–24 FAFSA form, make sure to create your StudentAid.gov account—and remember your username and password so you can access and submit the 2024–25 FAFSA form when it’s available. .
- Find out if your parent(s) or spouse will need to contribute their info on your FAFSA form. .
- If your parent(s) or spouse will need to contribute to your form, make sure each contributor creates their own . (Even if a contributor doesn’t have a Social Security number, they will be able to create an account when the 2024–25 form goes live.)
How Can I Find Out More About the New FAFSA?
You can watch these videos:
Or you can visit .