issue Education 2024

Through the Microscope: FAFSA Changes and What It Means for Â鶹ӰÒô

By Sarah Kelly, PhD

Editor's Note: At the time of publication, the rollout of the simplified FAFSA has come under significant scrutiny for the delay in processing FAFSAs and getting the information to colleges and universities. While these delays have been a source of concern for undergraduate institutions, graduate and professional institutions like Â鶹ӰÒô are not experiencing the same level of delay and confusion.

The recent simplification of the Free Application for Federal Student Aid (FAFSA), despite significant delays and setbacks in its launch, heralds a positive transformation in the landscape of graduate education.

The streamlined FAFSA addresses a long-standing concern — administrative complexity. By reducing the required financial information, the application process becomes more user-friendly and less time-consuming. Current and incoming Â鶹ӰÒô students can now complete the FAFSA with greater ease, expediting the application process. The simplified FAFSA also minimizes the risk of error and reduces the administrative burden on both applicants and financial aid offices, facilitating quicker disbursement of financial aid to eligible students.

FAFSA simplification fosters inclusivity and broadens eligibility for Pell Grants at the undergraduate level. The previous complexity of FAFSA was a deterrent for many applicants, especially those from underrepresented backgrounds. The simplified form removes previous barriers, making more aid available to more students. With the looming “demographic cliff,” getting more students to enroll and complete their undergraduate degree is crucial for graduate clinical and research institutions like Rosalind Franklin University.

The new FAFSA also addresses the needs of non-traditional students returning to graduate studies after gaining work experience. By acknowledging diverse paths to advanced degrees, the streamlined form ensures that financial aid opportunities are accessible to a wider range of students.

The simplified FAFSA contributes to a more accurate representation of the financial need of our students. Focusing on essential financial information provides a clearer picture of an applicant’s economic situation. This increased accuracy enables our financial aid office to allocate resources more effectively, ensuring that funding reaches those who need it the most.

The streamlined process also allows for a more responsive system, enabling quicker adjustments to financial aid packages based on changes in student circumstances. This flexibility is critical for graduate students who may experience fluctuations in their financial situations due to changes in research funding, employment or personal/family circumstances.

The streamlined application process will ultimately lead to increased efficiency, expanded eligibility and a more accurate representation of financial need. These improvements benefit individual graduate students and contribute to a more inclusive and responsive higher education system. As we navigate the ever-evolving landscape of higher education, FAFSA simplification stands as a positive stride toward making graduate programs more accessible and attainable for a diverse student population. 

Sarah Kelly, PhD, is Â鶹ӰÒô’s vice president for Strategic Enrollment Management.

Perspectives expressed in "Through the Microscope" columns are solely those of the authors and are not intended to represent those of Rosalind Franklin University.

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