Implementing changes from the FAFSA Simplification Act
The FAFSA Simplification Act was initiated as part of the Consolidated Appropriations Act of 2021. This large- scale update to the federal aid system aims to ultimately make the process more straightforward and accessible for students and families. In the short term, it means significant changes to the application and awarding process, starting with the 2024-25 Free Application for Federal Student Aid (FAFSA).
The Office of Student Financial Aid is leading efforts on campus to help students and parents through these changes, which include a redesigned FAFSA form with fewer questions, direct retrieval of IRS information, and expanded access to Federal Pell grants.
Please check back for updates, best practices and important dates for filing the 2024-25 FAFSA, which can be completed at studentaid.gov. Students may also estimate their federal financial aid at studentaid.gov. For questions, please call 1-800-4-FED-AID (1-800-433-3243).
Important Dates for 2024-25
The redesigned FAFSA will be available by December 31st, 2023: 2024-25 FAFSA form available to students (two months later than usual timing)
Changes with Filing the 2024-25 FAFSA
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All contributors to the FAFSA must be authenticated using a Federal Student Aid ID (FSA ID).
- Users who have not previously completed a FAFSA and still need to create an FSA ID should do so as soon as possible at studentaid.gov. To obtain an FSA ID, users will need a social security number (SSN) or undergo a knowledge-based match to validate their identity.
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If a dependent student completes their section of the FAFSA first, then they will indicate which parent(s) should be invited via email to complete their parts of the FAFSA:
- One parent (if single parent) or if parents are married and filed joint 2022 tax
- Two parents (if parents married, filed separately in 2022).
- For other parent situations not listed above, refer to the FAFSA for instructions
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All students and parent(s) contributing to the FAFSA must provide consent on the 2024-25 FAFSA to have their 2022 tax information released from the IRS to the Department of Education.
- Contributors must use their FSA ID to access the FAFSA form, answer questions, provide consent, and sign the form electronically.
- The FAFSA will not be submitted for processing until ALL contributors provide consent and sign.
- Consent to releasing tax information cannot be revoked and is mandatory for the Student Aid Index (SAI) calculation to be completed and for the student to be eligible for federal
- Students or parents who are non-tax filers must still provide consent. When IRS Data is accessed, the process will verify non-filing status.
What else is new?
Diving deeper into the new FAFSA process
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Expected Family Contribution (EFC) is being replaced with the Student Aid Index (SAI), which is the result of a processed FAFSA and is used for packaging financial aid. Things to note on the SAI for 2024-25:
- Two New Calculations: Separate calculations are now utilized for determining SAI and Pell Grant eligibility, with new data elements being used in each formula.
- Multiple Family Members in College: Having multiple family members in college is no longer factored into the calculation of the SAI.
- Farm and Small Business Reporting Requirements: Details such as net worth of farms (excluding primary residences) and small businesses are now required to be reported.
- Asset Information: There are new rules to determine who is exempt from providing asset information. These rules are based on AGI, tax filing status, and if they are a recipient of a means-tested federal benefit program in the prior two calendar years (2022 or 2023).
- No Alternative SAI: The SAI for a student will be the same if enrolled for fall only or for the entire year. There is no change to the SAI if enrolled for less than nine months.
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Students will now be considered for one of three types of Pell Grants: maximum, minimum, or a calculated Pell amount. Eligibility is now based on dependency status, family size, parent’s marital status, income (AGI), a multiplier of the federal poverty level, and enrollment status. All students enrolled for at least one credit hour will now receive consideration for a Pell Grant.
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- New Provisional Independent Status: If a dependent student indicates they have unusual circumstances that prevent them from providing parent data, they will have their FAFSA processed with a provisional independent status. The student must provide documentation to financial aid administrators to determine if the student should be considered independent.
- Professional Judgements: A new requirement states financial aid offices must publicly share that students have the option to pursue a professional judgment adjustment on a case-by-case basis. There are several occasions when an adjustment may be needed, such as when there are changes to a parent’s income or cost of attendance increases from a study-abroad experience.
What to Expect
As we transition to the revamped FAFSA, we anticipate potential processing delays and increased questions about the FAFSA. While many Pell Grant recipients may receive a similar amount as they did in 2023-24, others could be eligible for the first time. Students with multiple family members in college or who own a farm or small business may be the most adversely impacted by this year’s changes. We will work with these families to navigate the transition and review any financial aid offers significantly different from last year. As always, it is critical for students and families applying for financial aid to pay attention to important dates and deadlines. Refer to studentaid.gov for questions about FAFSA Simplification and to estimate a student's federal financial aid.
FAFSA Simplification
Find Local Financial Aid Contact Info
Don't see a nearby Financial Aid location? Call 1-888-489-5463 and we'll get you started.
Kady Finnerty
Assistant Director of Financial Aid
kfinnerty1@ivytech.edu
765-643-7133 ext 062089
Fax: 765-648-2755
Monday–Thursday, 8 a.m. to 5 p.m. ET
Friday, 8:30 a.m. to 4:30 p.m. ET
812-934-3954
R11express@ivytech.edu
Batesville Financial Aid
1 Ivy Tech Drive
Batesville, IN 47006
Fax: 812-934-4590
Monday–Thursday, 10 a.m. to 5 p.m. ET: Drop-ins and by appointment
Friday: By appointment
812 -330-6160
bloomington-finaid@ivytech.edu
Bloomington Financial Aid
200 Daniels Way
Bloomington, IN 47404
Columbus Financial Aid
4475 Central Avenue
Columbus, IN 47203
Virtual Waiting Room to receive a call from Financial Aid
Fax Number: 812-376-7639
Monday–Thursday, 8 a.m. to 6 p.m. CT
Friday, 8 a.m. to 5 p.m. CT
219-981-1111, x7498
lakecounty-finaid@ivytech.edu
For work-study info:
lakecounty-workstudy@ivytech.edu
Monday–Thursday, 8 a.m. to 6 p.m. CT
Friday, 8 a.m. to 5 p.m. CT
219-392-3600 x 3212
lakecounty-finaid@ivytech.edu
For work-study info:
lakecounty-workstudy@ivytech.edu
Monday–Thursday, 8 a.m. to 7 p.m.
Friday, 9 a.m. to 4 p.m.
Saturday: Virtual 9 a.m. - 12 p.m. only
Open Saturdays: 9 a.m. – 12 p.m during the following dates:
October 14, 21; December 9, 16; January 6, 13; March 16
574-289-7001, ext. 5339
southbendelkhart-finaid@ivytech.edu
Elkhart Financial Aid Office
22531 County Road 18
Goshen, IN 46528
Monday–Thursday, 9 a.m. to 6 p.m. ET
Friday, 9 a.m. to 5 p.m. ET
574-289-7001, ext. 5339
southbendelkhart-finaid@ivytech.edu
Elkhart Financial Aid Office
22531 County Road 18
Goshen, IN 46528
Enrollment Services/Student Affairs Hours: Effective January 2024:
Mondays and Tuesdays: 8 a.m. – 6 p.m.
Wednesday and Thursdays: 8 a.m. - 5 p.m.
Fridays: 9 a.m. - 5 p.m.
First week of classes in January and August: 7:30 a.m. – 6 p.m.
812-429-1429
evansville-finaid@ivytech.edu
Evansville Financial Aid Office
3501 N First Avenue
Evansville, IN 47710
Monday–Thursday, 8 a.m. to 5 p.m. ET
Friday, 9 a.m. to 4 p.m. ET
260-480-4136
fw-finaid@ivytech.edu
Fort Wayne Financial Aid
3701 Dean Drive, Student Life Center, Room 118
Fort Wayne, IN 46835
Fax: 260-480-2054
Monday–Thursday, 8 a.m. to 6 p.m. CT
Friday, 8 a.m. to 5 p.m. CT
219-981-4417
lakecounty-finaid@ivytech.edu
For work-study info:
lakecounty-workstudy@ivytech.edu
Please contact Financial Aid at our full-service campus located in Terre Haute.
Monday 8:30 a.m. - 5:00 p.m. ET
Tuesday 8:30 a.m. - 6:00 p.m. ET
Wednesday 8:30 a.m. - 5:00 p.m. ET
Thursday 8:30 a.m. - 5:00 p.m. ET
Friday 9:00 a.m. - 4:30 p.m. ET
317-921-4300
HamiltonCounty-FinAid@ivytech.edu
Hamilton County Financial Aid
300 N. 17th Street
Noblesville, IN 46060
Fax
317-917-7196
Financial Aid Team
Abby Tremain, Director of Financial Aid
317-921-4300 ext 084209
atremain@ivytech.edu
Financial Aid Questions for Military & Veterans
HamiltonCounty-VeteransAffairs@ivytech.edu
Monday–Thursday, 9 a.m. to 5 p.m. ET
Friday, 9 a.m. to 5 p.m. ET
1-888-489-5463
indy-finaid@ivytech.edu
Indianapolis Financial Aid Office
50 W. Fall Creek Parkway N.
Indianapolis, IN 46208
Fax: 317-921-4326
Monday–Friday, 8 a.m. to 5 p.m. ET
765-252-5571
kokomo-finaid@ivytech.edu
Kokomo Financial Aid
1815 E Morgan Street
Kokomo, IN 46901
Logansport Financial Aid
1 Ivy Tech Dr
Logansport, IN 46947
In-person Services Wednesdays 8:30am-4:30pm, Virtual Services Monday-Friday 8am-5pm
765-252-5571
Please contact Financial Aid at our full-service campus located in Valparaiso.
Monday, Wednesday & Thursday, 8 a.m. to 5 p.m. ET
Tuesday, 8 a.m. to 6 p.m. ET
Friday, 9 a.m. to 5 p.m. ET
765-269-5200
lafayette-finaid@ivytech.edu
Lafayette Financial Aid
3101 S Creasy Lane Ivy Hall 1233
Lafayette, IN 47905
Lake County has 3 full-service locations. Select a location below to see contact information for their Financial Aid department.
Monday–Thursday, 8 a.m. to 5 p.m. ET
8:30 a.m. to 4:30 p.m. ET, Friday
812-537-4010 ext. 5305
R11express@ivytech.edu
Lawrenceburg Financial Aid
50 Walnut Street
Lawrenceburg, IN 47025
Fax: 812-537-0993
Monday–Friday, 8 a.m. to 5 p.m. ET
765-252-5571
Logansport-finaid@ivytech.edu
Logansport Financial Aid
1 Ivy Tech Way
Logansport, IN 46947
In-person Services Wednesdays 8:30am-4:30pm, Virtual Services Monday-Friday 8am-5pm
765-252-5571
Monday & Wednesday, 8 a.m. to 5 p.m. ET
Tuesday and Thursday, 8 a.m. to 5:30 p.m. ET
Friday, 8 a.m. to 4:30 p.m. ET
812-265-2580, ext. 4100
madison-finaid@ivytech.edu
Madison Financial Aid
590 Ivy Tech Drive
Madison, IN 47250
Financial Aid Team
Julie Wade, Director of Financial Aid
jwade86@ivytech.edu
812-265-2580, ext. 4148
Monday, Thursday, and Friday, 8 a.m. to 5 p.m.
Tuesday and Wednesday, 8 a.m. to 6 p.m.
765-651-3100, ext. 3304
marion-finaid@ivytech.edu
Marion Financial Aid Office
261 Commerce Drive
Marion, IN 46953
Fax
765-651-3110
Zoom Video Call
Email marion-finaid@ivytech.edu to schedule.
Monday–Thursday, 8 a.m. to 6 p.m. CT
Friday, 9 a.m. to 5 p.m. CT
219-879-9137
valpo-finaid@ivytech.edu
Michigan City Financial Aid
3714 Franklin Street
Michigan City, IN 46360
Fax: 219-464-9751
Monday–Friday, 8 a.m. to 5 p.m. ET
765-289-2291, ext. 1230
muncie-finaid@ivytech.edu
Muncie Financial Aid
125 S High Street, Ball Building, 2nd Floor
Muncie, IN 47304
Fax: 765-282-2414
Monday–Friday, 8 a.m. to 5 p.m. ET
765-599-2613, ext 4026
pburris4@ivytech.edu
New Castle Financial Aid
3325 IN-3
New Castle, IN 47362
Fax: 765-282-2414
Please contact Financial Aid at our full-service campus located in Sellersburg.
Monday–Friday, 8 a.m. to 5 p.m. ET
765-966-2656, ext. 1219
richmond-finaid@ivytech.edu
Richmond Financial Aid
2357 Chester Boulevard
Richmond, IN 47374
Zoom Video Call
Call 765-966-2656, ext. 1219 to schedule an appointment.
Fax: 765-962-5054
Monday & Wednesday, 8:30 a.m. to 7 p.m. ET
Tuesday & Thursday, 8:30 a.m. to 5 p.m. ET
Friday, 8:30 a.m. to 3 p.m.
765-932-7191
mroller1@ivytech.edu
Rushville Financial Aid
330 N Main Street
Rushville, IN 46173
Virtual meetings or appointments by request. Call 765-932-7191.
Fax: 765-932-5263
Please contact Financial Aid at our full-service campus located in Sellersburg.
Monday, Wednesday, Thursday, 8 a.m. to 5 p.m. ET
Tuesday, 8 a.m. to 6 p.m. ET
Friday, 7:30 a.m. to 4 p.m. ET
812-246-3301, ext. 4504
sellersburg-finaid@ivytech.edu
Sellersburg Financial Aid
8204 Highway 311, Pfau Hall, A2
Sellersburg, IN 47172
Monday–Thursday, 8 a.m. to 7 p.m.
Friday, 9 a.m. to 4 p.m.
Saturday: Virtual 9 a.m. - 12 p.m. only
Open Saturdays: 9 a.m. – 12 p.m during the following dates:
October 14, 21; December 9, 16; January 6, 13; March 16
574-289-7001
southbendelkhart-finaid@ivytech.edu
South Bend Financial Aid Department
220 Dean Johnson Blvd.
South Bend, IN 46601
To meet with a financial aid representative please use the link below:
Please contact Financial Aid at our full-service campus located in Evansville.
Monday–Friday, 8 a.m. to 4:45 p.m. ET
812-298-2293
th-finaid@ivytech.edu
Terre Haute Financial Aid Office
8000 S Education Drive
Terre Haute, IN 47802
Virtual On-Demand Service:
Video | Voice | Chat
Monday–Friday | 8 a.m. to 4:45 p.m. ET
Enter Zoom Room →
Monday–Thursday, 8 a.m. to 5 p.m. CT
Friday, 9 a.m. to 5 p.m. CT
219-476-1001
valpo-finaid@ivytech.edu
Valparaiso Financial Aid
3100 Ivy Tech Drive
Valparaiso, IN 46383
Fax: 219-464-9751
Monday, Wednesday, Thursday & Friday, 8 a.m. to 5 p.m. ET (phone/virtual service)
Tuesday, 8:30 a.m. to 5 p.m. ET (on campus)
574-267-5428
warsaw-finaid@ivytech.edu
Warsaw Financial Aid
2545 Silveus Crossing Room 209
Warsaw, IN 46582